Off Topic Trumpy pumpy.

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According to the NYT Trump's campaign chairman has received $12.7million in the last decade from pro-Russian separatists in Ukraine.

It is not known why.
 
moreinjuredthanowen said:
So?

Like all billionaires he has to have billionaire sized loans....
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The question is: is he a billionaire? We only have his word for that. He's even refusing to release his tax returns (every candidate traditionally released them).

Rumour is that he pays 0% income tax because he has net negative income. His life is financed on ever increasing debt and he has a net negative net worth.

Those are the rumours no clue how true. I suspect he's worth a lot less than he claims though.
 
Milk-ings said:
The question is: is he a billionaire? We only have his word for that. He's even refusing to release his tax returns (every candidate traditionally released them).

Rumour is that he pays 0% income tax because he has net negative income. His life is financed on ever increasing debt and he has a net negative net worth.

Those are the rumours no clue how true. I suspect he's worth a lot less than he claims though.
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Yes he is a billionaire. It's not just his word, it's fact that he owns certain property and business which has total estimated value well over a billion dollars. Estimates from Bloomberg Billionaires Index have his net value as $3billion, Forbes estimates it at $4.5billion, while he himself claims to be worth north of $10billion. It seems like a large amount of his own estimate comes from the value he places on his trump brand which other sources disagree is worth anywhere near as much as he thinks it is. Either way, all of the estimates from outside sources have him significantly lower than he suggests but all comfortably agree he has a multi-billion dollar net value.
 
afcftw said:
Yes he is a billionaire. It's not just his word, it's fact that he owns certain property and business which has total estimated value well over a billion dollars. Estimates from Bloomberg Billionaires Index have his net value as $3billion, Forbes estimates it at $4.5billion, while he himself claims to be worth north of $10billion. It seems like a large amount of his own estimate comes from the value he places on his trump brand which other sources disagree is worth anywhere near as much as he thinks it is. Either way, all of the estimates from outside sources have him significantly lower than he suggests but all comfortably agree he has a multi-billion dollar net value.
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If he owns 3 billion but owes more than 2 billion he wouldn't be a billionaire. His entire net worth is a lie. He is very private with his data but know that he has massive debt. Not much liquidity. Most of his businesses lose money each year. I could easily see him having negative net worth.

He states that his name is a brand worth 7 billion$. Is it ****. Lol. Anything being branded Trump is going to be a tough sell after all this.
 
Milk-ings said:
If he owns 3 billion but owes more than 2 billion he wouldn't be a billionaire. His entire net worth is a lie. He is very private with his data but know that he has massive debt. Not much liquidity. Most of his businesses lose money each year. I could easily see him having negative net worth.

He states that his name is a brand worth 7 billion$. Is it ****. Lol. Anything being branded Trump is going to be a tough sell after all this.
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Estimates of debt which relates directly to his businesses seems to be approx $630-650million which is already deducted in the estimates of net worth by BBI, Forbes etc...

I had seen him estimating his brand worth as €3.3billion, but even that is nonsense. Forbes and the other independent net worth lists do not use his values though, they use independent research and there own methods for valuing other assets such as brand value. I believe Bloomberg Billionaire index valued his brand at closer to $35million which was the equivalent of a years licensing value, which is probably a little on the low side, but shows how over the top Trump is when he puts values on things which are difficult to give definite values to.

I agree it is likely that his worth is not very liquid and is tied up mainly in property and other assets. His sales of stocks and bonds recently to raise $50million shows that he is unlikely to have large cash reserves but does have some more liquid asset streams than his property, businesses and boys toys.

But he is most definitely a net billionaire.

As to whether his name brand will be worth much after this election campaign... Who knows... He will have gained further publicity and brand recognition and depending on how the race turns out could potentially turn it into a positive for the brand and make even more money...
 
Clearly someone feels hes worth investing in and giving money to... :bandit:

I mean in the end certain assets are hugely valuable end of.
 
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Not Trump but sounds like something he would endorse:


The burkini ban in France is absolutely horrendous. I'm absolutely disugusted with France about this.

Armed police walking up to women and ordering them to undress. Some of these women dress this way by choice... That's fine.

Some may be coerced. Thats not fine but this isn't how you solve the issue. Now not only are those women subdued at home, they are now also being persecuted by the state.

Absolutely disgraceful.
 
Milk - Hanfield dynasty said:
Not Trump but sounds like something he would endorse:


The burkini ban in France is absolutely horrendous. I'm absolutely disugusted with France about this.

Armed police walking up to women and ordering them to undress. Some of these women dress this way by choice... That's fine.

Some may be coerced. Thats not fine but this isn't how you solve the issue. Now not only are those women subdued at home, they are now also being persecuted by the state.

Absolutely disgraceful.
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Yeah, that's the way to show those backwards misogynistic countries that dictate where a woman can be and what she can wear......err...do the same ****!

Liberté, égalité, fraternité
 
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