Its impossible to know where to begin with the Donald, and you could write War and Peace and still not get close to describing the last six months of his 2016 presidential campaignas if theres a word that could possibly describe it. So lets just zero in on the money.
Im really rich, Trump declared while announcing his candidacy in June 2015. To prove it, he released a Summary of Net Worth balance sheet, indicating a net worth of $8,737,540,000. A month later he upwardly revised that figure to in excess of TEN BILLION DOLLARS. (The caps are his.)
Since then, a cottage industry of spreadsheet-diving journalists has worked itself into a lather trying to peg his real net worth. But without tax returns to go on, its really anybodys guess. Despite the all-caps figures Trump has dispensed, most estimates from the established financial-media outlets have been lower, FAR LOWER. Forbes put his net worth at $4.5 billion. Fortune postulated $3.7 billion, and later upped it to $3.9 billion. Bloomberg guessed it was closer to $2.9 billion.
In response to these wanton guesstimates, Trump instinctually fired back at the guesstimators. Forbes is a bankrupt magazine, doesnt know what theyre talking about. Fortune has no idea what my assets are and has totally lost its way. But the real sulfuric acid was reserved for the lowballers over at Bloomberg. As usual, Trump made it personal, even suggesting his friend, the former New York City mayor, might be jealous. Maybe Michael told them to do it, Trump speculated in the Daily Mail, because he always wanted to do what Im doing. Perhaps wisely, The New Yorkereven with its legendary phalanx of persnickety fact-checkerswouldnt venture any closer than just a back-of-the-envelope calculation of $2.56 billion, which shouldnt be taken too seriously.
In November, Trump was elected president of the United States in a shocking turn of events. He lost the popular vote by some two million ballots.
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