Forbes Says Trump Earned $550M As President...

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Said it before Donald Trump is the first president in history to monetize the presidency while in office. I also said that the president like every executive branch employee should be required to put his assets in a blind trust. As an example when Rex Tillerson became Secretary of State he was forced to divest his holdings in Exxon estimated at $54 million in Exxon stock and options to purchase another $180 million over a 10-year period. Donald Trump was the most corrupt president in history and it's not even close and if he is elected again his corruption will probably rise to that of his friend and idol Vladimir Putin one of the wealthiest individuals in the world.

 

It seems to me Obama did pretty well while in office. Where did he get all his money? Joe and family have all gotten very wealthy from his years in public office somehow.

 

Pathetic "whatabout"ism is pathetic.

 

$10 million from Egypt?
https://www.washingtonpost.com/investigations/2024/08/02/trump-campaign-egypt-investigation/

Inside the state-run National Bank of Egypt, employees were soon busy placing bundles of $100 bills into two large bags, according to records from the bank. Four men arrived and carried away the bags, which U.S. officials later described in sealed court filings as weighing a combined 200 pounds and containing what was then a sizable share of Egypt’s reserve of U.S. currency.
Federal investigators learned of the withdrawal, which has not been previously reported, early in 2019. The discovery intensified a secret criminal investigation that had begun two years earlier with classified U.S. intelligence indicating that Egyptian President Abdel Fatah El-Sisi sought to give Trump $10 million to boost his 2016 presidential campaign, a Washington Post investigation has found.

 

Obama received advances on books before even took office. Not even remotely close to owning enterprises which receive payments from foreign interests or receiving rental payments from the Secret Service to house his personal security detail. In the case of Joe Biden his earnings are attributable to speaking fees and at least one book deal after he left office. Biden (as well as Obama) also released years of his tax returns. Trump has yet to do the same.

 

lol shill harder won't you?

 

so you have no problem with trump making hundreds of millions selling no show rooms and conventions in his hotels to China, Russia and other foreign actors or taking $10M in cash from egypt? are you okay with that?

Maybe Kamala should get a BNB and rent it to Soros for $1M a day. You okay with that too?

 

Obama didn't come close to earning $550 million while in office and that was over 8 years

 

Well he did great speaking and writing ending up with 70 million net worth. That is what is claimed anyway. I am sure he has much more than that stashed away. Of course no one has said hoe Joe and family got so much money.

 

It is easily seen in the documents. In terms of the Obamas, the primary source of wealth was the book advances from Penguin for their memoirs and a Netflix contract that he and Michelle signed after leaving office.

In terms of Biden, it was $1.8 million from his book tour, an $8 million three book deal, 19 speaking engagements from which he earned $2.4 million, Jill Biden's speaking engagements for $700K, and an annual salary from the University of Pennsylvania of $540,484.

Biden actually left office with a pretty low net worth. Obama's book sales from his prior books brought in some wealth while he was in office, but the vast majority was also from after he left office.

 

Obama’s high net worth is incredibly easy to figure, since he signed a $60 million book publishing deal and another deal with Netflix. No shady business required.

I think the issue with Trump is so many of his “businesses” are actually money losers and scams you basically have to assume nothing he does is legit. You realize that when Trump was on the apprentice the conference room was a fake? This was after his bankruptcy so there was no “business”. No Trump headquarters or conference room. Even the ostensibly “legit” business’s he has now like the couple of hotels somehow lose money under Trump. So actually for him to be distributing income to himelf or propping up money losing businesses in essence requires shady activity (hence, foreign dignitaries staying at his personally owned properties at premium rates, secret service getting charged full price at his hotels, etc). At best it’s self-dealing, but i think “self-dealing” is a novel and almost naive concern which gravely underestimates the depth of this guys corruption.

 

Yeah, his source of income in the 2000s and early 2010s was by licensing his name, no-questions asked. So he would give his name over to whatever scam some white collar criminal cooked up. This led to his name being attached to a lot of money laundering businesses as well as the more classic scams like "Trump University." Since he entered politics, his primary source of value is selling access to power. That is how he started a very unsuccessful social media platform by any industry metric that matters that is still worth money despite a lack of growth on the business side of things.

 

The Apprentice and licensing his name was perhaps the only “legit”money Trump ever made.

He could have licensed his name only to legit operators, but that’s just not how this guy rolls. If a mobster had the bigger payoff that’s who he signs with.

 

Don't confuse the cultist with facts. That flies in the face of the narrative that everyone is just as corrupt as his orange god, ergo the corruption does not matter. Utter bullshit, but here we are.

 

LOl. $70,000,000 earned after he left office, a term of 8 years vs. $550,000,000 earned while in office during a 4 year term.

You people crack me up. Are you so so used to never analyzing anything Trump says that you think we don't analyze what you post?

 

All the Dems presidents since/and Clinton are grifters.

 

You don't analyze anything but what you want to hear from the bias press. Again more post about Trump but never anything to support why people should vote for Kamala. Never hear anything about what she has done as Vice President or what she and the socialist she picked for Vice President have done that is good.