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Forbes Adds It Up: Trump Is $1.1 Billion in Debt


Mainecat

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Forbes Adds It Up: Trump Is $1.1 Billion in Debt

Forbes says President Donald Trump is a billionaire, but he’s more than a billion dollars in debt. 

The New York Times Sunday evening dropped a bombshell investigation into Trump’s taxes, after having obtained twenty years of his returns. The Times reported Trump is $421 million in debt to an unknown entity. 

(One former top Mueller team attorney just strongly suggested that entity is Russia.) 

Now, Forbes senior editor Dan Alexander, whose beat is covering Trump, reveals the President of the United States is $1.13 billion in debt. 

That’s billion with a “b.” 

Read more:  https://www.thenewcivilrightsmovement.com/2020/09/forbes-adds-it-up-trump-is-1-1-billion-in-debt/
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22 minutes ago, Mainecat said:

 Times reported Trump is $421 million in debt to an unknown entity. 


(One former top Mueller team attorney just strongly suggested that entity is Russia.) 
 

You could have just posted this as it's the only thing you care about. :lol:

Edited by Stephen Hawking
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Just now, Highmark said:

MC you will be paying for Trump and his kids protection to travel and golf the rest of your life.  :lol:  

You were duped into voting for a fake LOOZER Highmark.

I warned you years ago.

Trump won’t last long as he owes the Commies millions and not being president he has no value to the Russians. He would need food testers....lots of them.

 

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Just now, Mainecat said:

You were duped into voting for a fake LOOZER Highmark.

I warned you years ago.

Trump won’t last long as he owes the Commies millions and not being president he has no value to the Russians. He would need food testers....lots of them.

 

:lol2:   Dude if Trump owed the Russian's it would have been all over the NYT's article.   

What's your thoughts on Hunter getting millions from the Russian's?

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1 minute ago, Highmark said:

:lol2:   Dude if Trump owed the Russian's it would have been all over the NYT's article.   

What's your thoughts on Hunter getting millions from the Russian's?

Hunter? Lol More right wing bullshit..

 

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1 minute ago, Mainecat said:

You deflected first dumb ass.

Start a Hunter Biden thread. This ones about your guy in ove a billion in debt.

What's his net worth dumbass?  Right from your link.   Your BIL obviously never taught you anything about business.  

Overall, he puts Trump’s net worth at $2.5 billion, saying his businesses are “worth an estimated $3.66 billion before debt.”

 

Edited by Highmark
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15 minutes ago, Mainecat said:

You deflected first dumb ass.

Start a Hunter Biden thread. This ones about your guy in ove a billion in debt.

thats like you being a hundred thousand in debt.  

HIs debt makes a great soundbite for low IQ liberal voters but the only thing that matters is his net worth.

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23 minutes ago, Highmark said:

What's his net worth dumbass?  Right from your link.   Your BIL obviously never taught you anything about business.  

Overall, he puts Trump’s net worth at $2.5 billion, saying his businesses are “worth an estimated $3.66 billion before debt.”

 

That was Trump saying his businesses were worth that much.

Reading comprehension dude really.

My BIL died in 07 for the fiftieth time.

 

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2 minutes ago, Mainecat said:

That was Trump saying his businesses were worth that much.

Reading comprehension dude really.

My BIL died in 07 for the fiftieth time.

 

The media was reporting 4 billion net worth 4 years ago you dolt.

Edited by Fireball 440
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9 minutes ago, Mainecat said:

That was Trump saying his businesses were worth that much.

Reading comprehension dude really.

My BIL died in 07 for the fiftieth time.

 

"he" was Forbes Sr. editor Dan Alexander you fucking idiot.  Reading comprehension dude.....really.  

Now, Forbes senior editor Dan Alexander, whose beat is covering Trump, reveals the President of the United States is $1.13 billion in debt.

That’s billion with a “b.”

Overall, he puts Trump’s net worth at $2.5 billion, saying his businesses are “worth an estimated $3.66 billion before debt.”

Alexander clearly knows what he’s talking about, and clearly knows all of Trump’s real estate assets.

The list of debt on his assets seems staggering

Edited by Highmark
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54 minutes ago, Highmark said:

What's his net worth dumbass?  Right from your link.   Your BIL obviously never taught you anything about business.  

Overall, he puts Trump’s net worth at $2.5 billion, saying his businesses are “worth an estimated $3.66 billion before debt.”

 

Sounds about right, quite conservative actually.

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Just now, ArcticCrusher said:

Sounds about right, quite conservative actually.

i think the trump exaggeration factors worth 3-4x-  he claims 7 so 2ish is probably in the ballpark.  

 

And like no one is going to foreclose on those loans they will just extend them

 

 

 

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8 minutes ago, Angry ginger said:

i think the trump exaggeration factors worth 3-4x-  he claims 7 so 2ish is probably in the ballpark.  

 

And like no one is going to foreclose on those loans they will just extend them

 

 

 

The article is not Trump's numbers but Forbe's estimates.

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58 minutes ago, Angry ginger said:

i know Trump says 7 Forbes says 2.5.  Given the trump exaggeration factor that's reasonable.  

Agreed and not uncommon in the business he is in. 

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2 hours ago, Highmark said:

"he" was Forbes Sr. editor Dan Alexander you fucking idiot.  Reading comprehension dude.....really.  

Now, Forbes senior editor Dan Alexander, whose beat is covering Trump, reveals the President of the United States is $1.13 billion in debt.

That’s billion with a “b.”

Overall, he puts Trump’s net worth at $2.5 billion, saying his businesses are “worth an estimated $3.66 billion before debt.”

Alexander clearly knows what he’s talking about, and clearly knows all of Trump’s real estate assets.

The list of debt on his assets seems staggering

That's a 68 percent equity position, in commercial banking that is decent even at the level, not low risk but not anywhere close to high risk

Edited by GGNHL
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