4 ms·
Net 2.5b https://www.forbes.com/sites/danalexander/2020/09/28/yes-donald-trump-is-still-a-billionaire-that-makes-his-750-tax-payment-even-more-scandalous/#3551
by softawre 6y ago
Net 2.5b
https://www.forbes.com/sites/danalexander/2020/09/28/yes-donald-trump-is-still-a-billionaire-that-makes-his-750-tax-payment-even-more-scandalous/#355102172885 https://www.forbes.com/sites/danalexander/2020/09/28/yes-don...
- maxerickson 6y agoThanks. So according to that analysis, Trump has plenty of debt, and also plenty of resources to manage it. Hard to value his type of commercial real estate outside of an actual sale though.
- Balgair 6y agoHe has had recent trouble selling his properties for the asking price. He put up Trump International (the DC hotel) on the market in Oct. 2019 for $500M. There were no buyers at that price before he took it off the market due to covid-19. There is no indication that he has the resources to finance the debt. Nor is there indication that he does not have those resources. We simply do not know either way until a better picture of his finances comes out. https://www.wsj.com/articles/trump-organization-exploring-sale-of-marquee-washington-hotel-11572019874 https://www.wsj.com/articles/trump-organization-exploring-sa...