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Trump no longer on Bloomberg Billionaires Index after Truth Social stock plummets

He's never been a real one in the first place.

He counted his liabilities as assets, and assigned a massive amount of "goodwill" or brand equity to his asset list.

Claiming your brand name alone commands $9 billion, making his net worth supposedly in the mid to upper 5 billion range, is bullshiat.

If you're $4,000,000,000 in debt and have essentially zero assets not already used as collateral to secure the debt, you're NOT a billionaire by any stretch of the imagination.
hunkalove · 61-69, M
Many years ago, long before he went into politics, and he first declared himself a billionaire someone, I think it was Forbes magazine, said he was worth about $300,000,000 with debts of half a billion dollars. In other words, he had nothing but debts.
trollslayer · 46-50, M
@hunkalove That's the thing - MAGA folks claim all this is political persecution because he is running for president, but the reality is many people have known him to be a fraud for decades.
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KunsanVeteran · 61-69, M
@thisguy20 No doubt
Bumbles · 51-55, M
Wait, Trump inflates his assets???
KunsanVeteran · 61-69, M
@Bumbles …and his a$$ with fried food…
KunsanVeteran · 61-69, M
Correct! Economics 101!

But he never could understand basic math…
Yeah, I'm pretty sure he's always been like...

 
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