agip wrote:
it's not as simple as 'if trump would only show the documents' we could determine his net worth.
I mean...what is a building 'worth?' What is a brand name 'worth?' What is an option to build 'worth?'
these are opinions, not facts...trump has admitted this - he says his net worth varies by his mood. Meaning when he thinks a building is worth more his net worth rises. And the reverse.
You can use comparable sales to make a guess, but things like golf courses are hard to find comps for.
It's not simple, no, but a real look at his balance sheet (real estimate of worth of properties vs. how much of the property he actually owns vs. how much total debt he has) would not be kind to him. This is clear or he would have shared his tax returns by now (even though that wouldn't tell us everything of course). He screwed US banks so that they won't loan him any money.
It is more likely that he has a negative net worth than he is a billionaire. The reality is likely somewhere in between the two.
And, of course, if he were to completely sell everything, work out debt forgiveness, etc. he would at a minimum have a pension from the Screen Actor's Guild that is reportedly $164,584 annually, his multiple books still bring in up to $5.15 million annually in royalties (likely to slowly go down over time unless he adds new books). If he were able to actually keep a few hand-picked properties of his that are decently income-producing, that would be good. Finally, unless he is impeached and thrown out of office (and I don't know exactly what happens there), he will get his $400,000 a year income from being President for the rest of his life.
If there were a cosmic accident and suddenly I were Donald Trump (but with my sensibilities), after asking the Universe what I did to deserve such a punishment, I would atone for my sins, strip the company down to bare bones, live the rest of my life somewhere warm and tell the Trump children that they aren't going to inherit much so they'd better get a job.
