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Old 08-02-2016, 09:53 AM  
Rochard
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Join Date: Dec 2001
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Quote:
Originally Posted by nico-t View Post
Forbes Welcome
#324 Donald Trump
Real Time Net Worth As of 8/2/16
$4.5 Billion

Yes what a fuck up.
Seems his value is very difficult to gauge....

According to the article:

And while Trump is quick to boast that his purported billions prove his business acumen, his net worth is almost unknowable given the loose standards and numerous outright misrepresentations he has made over the years. In that 2007 deposition, Trump said he based estimates of his net worth at times on ?psychology? and ?my own feelings.? But those feelings are often wrong?in 2004, he presented unaudited financials to Deutsche Bank while seeking a loan, claiming he was worth $3.5 billion. The bank concluded Trump was, to say the least, puffing; it put his net worth at $788 million, records show. (Trump personally guaranteed $40 million of the loan to his company, so Deutsche coughed up the money. He later defaulted on that commitment.)
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