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Trump's net worth drops $600 million on Forbes' rich list, falls 92 spots

M

Milchjon

Member
I never really appreciated just how insanely rich these people were until I started paying attention to the volume of some whole industries.

For example, Americans spent 37 billion on beer last year. Bill Gates could basically buy all American beer for 2.5 years straight. And that's a huge industry.
 
S

SporeCrawler

Member
StickSoldier said:
He's a poor billionaire though come on!! You know this will not make him happy..
Click to expand...

he is the president of the US and he will be a historical figure. many of the top billionaires will not be remembered after a century. trump will (for better or worse)
Milchjon said:
I never really appreciated just how insanely rich these people were until I started paying attention to the volume of some whole industries.

For example, Americans spent 37 billion on beer last year. Bill Gates could basically buy all American beer for 2.5 years straight. And that's a huge industry.
Click to expand...
shows how inflated some of the values are
 
T

Toth

Member
Looks the plan to make more money by running for President was ruined when he actually became President. Whoops!
 
S

Stinkles

Clothed, sober, cooperative
SporeCrawler said:
he is the president of the US and he will be a historical figure. many of the top billionaires will not be remembered after a century. trump will (for better or worse)
shows how inflated some of the values are
Click to expand...

Even my most ridiculous dreams of riches would never require more than say $100 million and THAT'S if I start doing stupid shit like buying a helicopter and a yacht.
 
O

Ovid

Member
mlclmtckr said:
We're all people on a vast plain full of preventable poverty, illness, and violence. And there is a giant narrow spire off in the distance where all of the power is concentrated and where people have millions of times more resources than they actually need.

actual-wealth-distribution.jpg
Click to expand...

Eh...I'm not too worried. It will all trickle down.
 
D

Deleted member 1235

Unconfirmed Member
Bill gates is fucking incredible. When did he leave MS? Dude just refuses to not be richer than god.
 
J

jelly

Member
jbug617 said:
You know he is going to rant about this on Twitter. This probably the one thing that hurts him the most since he became president
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He can't though since he isn't allowed to have a business and I'm sure his business assets are his only major worth. I can't wait for his tax returns to get unveiled, I want to see his real worth.
 
N

Ninja Scooter

Member
It always seemed like his political career would come at the expense of his personal businesses. The kind of person his #MAGA bullshit attracts doesn't exactly strike me as the type to stay at luxury hotels, rent high priced condominiums or travel to golf resorts.
 
S

SoundofSilence

Member
Extra Sauce said:
So he really is a billionaire? Disappointing.
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That's highly questionable. Some estimates have shown that he may be carrying as much as $1.5B in debt. Since he has never released his tax returns, his actual income to debt ratio is unknown. What is known is that he owes a lot of money to a lot of different entities.
 
S

Syraxith

Member
SoundofSilence said:
That's highly questionable. Some estimates have shown that he may be carrying as much as $1.5B in debt. Since he has never released his tax returns, his actual income to debt ratio is unknown. What is known is that he owes a lot of money to a lot of different entities.
Click to expand...

According to the Economist, most of the businesses in the Trump portfolio are massively in debt. They earn just enough to cover the interest accrued on their loans with making little to no difference on the principals.

Trump is just a dumb narcissist who's running his Dad's legacy straight into the ground.
 
A

Ambient80

Member
This is a good laugh for a lot of us, but the most likely outcome of this will be him using it in his next campaign. “Look how much I gave up for the American people! I gave up all this money because I love this country so much!” His base will eat it up. He already used it a bit on the campaign in 2016.
 
T

Trouble

Banned
Apparently he writes/calls them pretty much every year to dispute their number and try to get them to raise it. He is the only person ever on the list to do that.
 
G

gabbo

Member
Ninja Scooter said:
It always seemed like his political career would come at the expense of his personal businesses. The kind of person his #MAGA bullshit attracts doesn't exactly strike me as the type to stay at luxury hotels, rent high priced condominiums or travel to golf resorts.
Click to expand...

I guess, like he himself, his sons can't manage business for shit.
 
S

SoundofSilence

Member
Syraxith said:
According to the Economist, most of the businesses in the Trump portfolio are massively in debt. They earn just enough to cover the interest accrued on their loans with making little to no difference on the principals.

Trump is just a dumb narcissist who's running his Dad's legacy straight into the ground.
Click to expand...

He is upholding one sacred tenet of daddy's legacy: unapologetic racism.
 
E

Earthbound64

Banned
Ambient80 said:
This is a good laugh for a lot of us, but the most likely outcome of this will be him using it in his next campaign. “Look how much I gave up for the American people! I gave up all this money because I love this country so much!” His base will eat it up. He already used it a bit on the campaign in 2016.
Click to expand...

This.
 
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