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Yo_Mama_Been_Loggin

(107,986 posts)
Fri Jan 22, 2021, 12:12 AM Jan 2021

Donald Trump has a money problem

Just 24 hours after Donald Trump formally left the White House -- and the presidency -- behind, it's increasingly clear that his money problems are getting worse, not better.

According to financial disclosure documents released in the hours after Trump left the White House to fly to his new home in Florida, the ex-President's eponymous company took a major revenue hit over the last year.

Overall, Trump's businesses produced almost 40% less revenue in 2020 versus 2019. He made $30 million less at his Doral property in Miami than he did in 2019. Revenue at the Trump International Hotel in Washington and the former President's Turnberry property in Scotland were down more than 60% year over year.

And, as CNN's Charles Riley notes, those downturns came even before a series of companies cut ties following Trump's role in the incitement of rioters who stormed the US Capitol on January 6.

https://www.msn.com/en-us/news/politics/donald-trump-has-a-money-problem/ar-BB1cYpxc?li=BBnb7Kz

17 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies

OAITW r.2.0

(24,504 posts)
2. I thought he was raking in the big money on the "Re-elect" scam?
Fri Jan 22, 2021, 12:19 AM
Jan 2021

Heard he raised $270mm+? Where'd that money go?

brush

(53,778 posts)
4. That money is already spoken for as Pootie and the oligarchs are thinking...
Fri Jan 22, 2021, 12:48 AM
Jan 2021

right about now: "The bitch better have our money."

Trust me. He's desperate and better stay away from high windows and small planes. Best to get a food taster too.

OAITW r.2.0

(24,504 posts)
5. If he owed $400MM+ on Real Estate property loans, pre 2020.....
Fri Jan 22, 2021, 12:51 AM
Jan 2021

he's probably a long way from clearing his debt.

brush

(53,778 posts)
8. Oh yes. He probably owes way more than that. And he had to personally guarantee it...
Fri Jan 22, 2021, 12:56 AM
Jan 2021

because he's stiffed so many creditors before.

 

StarfishSaver

(18,486 posts)
16. That's what he owed months or years ago.
Fri Jan 22, 2021, 01:53 AM
Jan 2021

I imagine the interest alone on that debt is eight or nine figures ...

 

StarfishSaver

(18,486 posts)
17. I think he'll soon wish he had never run for president
Fri Jan 22, 2021, 01:55 AM
Jan 2021

Not only will he likely be financially ruined, he'll be exposed and humiliated for the world to see.

LuckyCharms

(17,440 posts)
9. I would bet money that he has a negative net worth...
Fri Jan 22, 2021, 12:59 AM
Jan 2021

Net worth = assets minus liabilities.

An asset is only worth the amount it can be sold for.

He's ruined his brand, he's ruined his image, he self-harmed his revenue stream.

He's toxic, and he would have a hard time selling off his properties for what he owes on them.

He's just a wealth mirage.

You're probably worth more than he is. It's all a facade.

H2O Man

(73,537 posts)
10. Recommended.
Fri Jan 22, 2021, 01:00 AM
Jan 2021

Shall we take up a collection of thoughts & prayers?

Or advocate for incarceration, so he and the kids can be comfortable?

OhNo-Really

(3,985 posts)
12. Team Pot45 Sedition Team Hawking $22.99 T-Shirts on Twitter
Fri Jan 22, 2021, 01:06 AM
Jan 2021

If enough people report this account to Twitter, it will go away. We do not need more disinformation outlets from the Coup Crew.



An example of the crap 💩 being spewed


Yesterday morning there were 84K followers.

Tonight there are 96k followers.

The dangerous coup crew seditionists are regrouping on Twitter in hopes of making money. Their followers want more Q type peeps to run for office or something.

Feel free to share your opinions on there crap.

Kayleigh Pinocchio is pushing this new grift


@realpatriot only follows 8 accounts listed below:

Donald Trump @Potus45
2 Kayleigh accounts
The Pillow guy
Sean Hannity
Tucker Hannity
Mike Pence
And
@catturd2 (hoping to sell silly books)

If this isn’t connected to the T Family, someone might be sued.

Must be desperate to be selling $25 T- Shirts

I’m letting this company know how I feel

https://teechip.com/patriotsfight

And the design has changed 2x and the price dropped to $22.99
https://teechip.com/patriotstogether

The first T-Shirt included a free MAGA hat (seen below) but was taken for “contents reasons”

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