Tuesday, April 6, 2021

If you can believe it

Former President Trump fell nearly 300 spots on the Forbes billionaires list after his fortune decreased by more than $1 billion during his four years in office.

  The Hill
Did he? Or did they have him overstated four years ago?
Trump ranked 1,299 on the Forbes billionaires list, released on Tuesday, with an estimated worth of $2.4 billion.

Last year, Trump ranked 1,001 on the list.

[...]

Forbes noted, however, that Trump is richer now than he was a year ago, when the outlet released their valuations at the beginning of the pandemic. His ranking slipped, Forbes wrote, because he could not keep pace with the other billionaires on the list who saw their fortunes rise.

[...]

Bloomberg News reported similar statistics last month, when they found that the former president’s net worth fell from $3 billion to $2.3 billion over the course of his presidency.

[...]

Several of Trump’s businesses, including hotels, casinos and office spaces, were hurt during the pandemic, when workplaces shuttered and tourism came to a halt because of global travel restrictions.
But how much did he make in grift, duping his base?

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