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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsDonald 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
struggle4progress
(118,285 posts)OAITW r.2.0
(24,504 posts)Heard he raised $270mm+? Where'd that money go?
brush
(53,778 posts)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)he's probably a long way from clearing his debt.
brush
(53,778 posts)because he's stiffed so many creditors before.
StarfishSaver
(18,486 posts)I imagine the interest alone on that debt is eight or nine figures ...
Karadeniz
(22,516 posts)JI7
(89,249 posts)Marie Marie
(9,999 posts)sarcasmo
(23,968 posts)StarfishSaver
(18,486 posts)Not only will he likely be financially ruined, he'll be exposed and humiliated for the world to see.
LuckyCharms
(17,440 posts)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)Shall we take up a collection of thoughts & prayers?
Or advocate for incarceration, so he and the kids can be comfortable?
StarfishSaver
(18,486 posts)He's just now running out of ways to cover it up.
Marie Marie
(9,999 posts)OhNo-Really
(3,985 posts)If enough people report this account to Twitter, it will go away. We do not need more disinformation outlets from the Coup Crew.
Link to tweet
An example of the crap 💩 being spewed
Link to tweet
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
Link to tweet
@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 isnt connected to the T Family, someone might be sued.
Must be desperate to be selling $25 T- Shirts
Im 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
Link to tweet