08-02-2016, 02:37 PM
|
|
|
See signature :)
Industry Role:
Join Date: Apr 2007
Location: ICQ 363 097 773
Posts: 29,656
|
Quote:
Originally Posted by Rochard
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.)
|
$788 million, what a loser businessman! |
|
|