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DU Home » Latest Threads » Forums & Groups » Main » Latest Breaking News (Forum) » Trump Scores $617 Million... » Reply #6

Response to Calista241 (Original post)

Fri Apr 30, 2021, 08:58 PM

6. Not Buying It

He's not worth $2.3 billion.
Nowhere even close.
His NW just went up because the market once again inflated asset value.
But, his NW is now no more than 40% of what's listed.
Debt is still grossly understated, and asset value of his resort properties are wildly inflated.
The financial community knows this. Investors are either ignorant or don't care because a much bigger entity is who the bet is actually on.

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