Why do people think Trump is a Billionaire when he wonโt produce any financials to prove it? As far as anyone knows, heโs only a Billionaire because he says he is one. Forbes estimates him at $2.5B but is that really Gross worth and not Net worth as they donโt know what he owes in debt against those properties? He started off with $413M (in 2018 money) so it is possible but he also lied about what he started with saying it was much smaller.
The recent news leak of his taxes indicate that many of his businesses lost money, The Apprentice made money to support the loses of his main businesses and he personally has $400M in debt that is due in a few years. If true, he owes money to somebody. Who? Who might be pulling his strings? The American people donโt know but should know considering the international scope of his organization and that it might be foreign money that is potentially coming from a bad actor.
Three possible explanations for why he only paid $750.
www.theatlantic.com
Over $21 million in highly unusual payments from the Las Vegas hotel Donald Trump owns with Phil Ruffin were routed through other Trump companies, then directed to Mr. Trump.
www.nytimes.com
Would
If any of the above is true then heโs a terrible business man.