Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

nadine_mn

(3,702 posts)
Thu Jul 28, 2016, 02:11 PM Jul 2016

Is Trump even a multi-millionaire? We know he isn't a billionaire

There is no way he is a billionaire - maybe with how much outstanding debt he has.

But I am seriously questioning whether he is even close, is he even a multi-millionaire?

He is so fucking cheap and penny petty - (ok maybe an argument for why he has money?)

Like all the examples of people he has cheated in contracts even recently threatening not to pay the hotel because he felt the A/C wasn't cool enough. But we are not talking big money - many of his lawsuits involve amounts in the thousands not millions.

Now let me just say, I am poor middle class with lots debt, so for me anyone who can go to a restaurant and order appetizers, drinks, entrees AND desserts without wondering if they can pay the light bill - that to me is rich. My standard is pretty low.

Granted, I get that if he is a billionaire, he is not making that much a year, most of it is investments etc....but seriously...even if you were making a million dollars a day - wtf is $80,00 to you?(how much he cheated a cabinetry company).

He is constantly talking about how he gets 'the best deals' - that would be like me fighting for being charged 20 cents extra for a soda - how much energy did that take, how much of my time did I waste, and how much did it really effect my pocket book?

I don't know - it is seriously the LEAST of the reasons he is a horrible person, but it really has been bugging me - that someone who claims to be soooo rich (tremendously rich) fights over what should be to him, pennies.

12 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
 

The_Casual_Observer

(27,742 posts)
2. Most of that money is probably tied up in inflated NYC real estate
Thu Jul 28, 2016, 02:30 PM
Jul 2016

Who knows how much all that is worth.
He certainly does live a lavish lifestyle no matter how you look at it.

nadine_mn

(3,702 posts)
4. Did you hear the Charlie Sheen story about the cufflinks?
Thu Jul 28, 2016, 02:36 PM
Jul 2016

Ok, granted Charlie Sheen..

But he said on the Graham Norton show that he was at dinner, Trump made some comment about blah blah congrats on your wedding, here have my cufflinks - they are platinum Harry Winston diamond. And it turns out they were fake - not even good fakes.

So, he is cheap on himself too. You know the golden toilet that he tweets from is that cheap shit that would leave your ass green.

duncang

(1,907 posts)
3. He didn't even offer to pay the russian hackers.
Thu Jul 28, 2016, 02:35 PM
Jul 2016

Just said someone else (News media) would reward them. So his debt could outweigh his worth. I wonder what kind of interest rates the russian mafia charges? I don't think he is sharp enough to know he would really be digging that hole deeper if he would have offered his own money.

PatSeg

(46,803 posts)
7. I've had serious doubts about his wealth
Thu Jul 28, 2016, 03:14 PM
Jul 2016

for some time now. The cheating contractors out of money really added to my suspicions. Trump seems to exaggerate about everything, so I assume he does the same about his worth.

Johonny

(20,683 posts)
9. according to forbes he has about 300 million or so in cash but 3-4 billion in assets
Thu Jul 28, 2016, 06:11 PM
Jul 2016

mostly land and properties so depending on how people evaluate his non-liquid assets he is still very rich, most likely a billionaire.

 

smirkymonkey

(63,221 posts)
10. I wonder what his liabilities would add up to if he actually had to pay
Thu Jul 28, 2016, 07:01 PM
Jul 2016

everyone what he really owed them. Greedy pig.

nadine_mn

(3,702 posts)
12. 300 million in cash and he still is ripping people off for the equivalent of pennies
Thu Jul 28, 2016, 07:34 PM
Jul 2016

That is what blows my mind. Being such a cheap jackass. He goes out of his way to bilk people he contracts with out of a few thousand dollars by sending in his lawyers. That is like driving all the way across town to save 1 cent a gallon on gas.

Latest Discussions»General Discussion»Is Trump even a multi-mil...