• Øπ3ŕ@lemmy.dbzer0.com
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    21 hours ago

    He’s not rich, he’s so deeply underwater the Titanic is dry by comparison —not to mention he’s always been fully compromised & passed around like a village bike since at least the 80s.

    • iAmTheTot@sh.itjust.works
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      21 hours ago

      Look, I too wish that were true. But he is filthy, disgusting rich. Through Crypto scams alone his family has made more money than you or I will ever have earned in our entire lives, combined, by order of magnitudes.

      • Øπ3ŕ@lemmy.dbzer0.com
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        19 hours ago

        And all that is over-leveraged against innumerable debts. That’s not “rich”, that’s gambling with extreme risk and zero padding. The only reason he’s still alive is because he’s far more valuable to said creditors as a fuck puppet.

        • dhork@lemmy.world
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          19 hours ago

          I don’t think you realize how much he is grifting out of crypto right now. It’s mind boggling. Two years ago he was more or less insolvent, now they think he has made over 3 billion in crypto alone.

          The catch is that a lot of that is tied up in crypto tokens that aren’t exactly traded widely. If started dumping the entire amount the price would crater before he could sell it all.

          • Øπ3ŕ@lemmy.dbzer0.com
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            18 hours ago

            You seem exceptionally well-versed in that secret knowledge there. Got any citations to back up this confidence in your own veracity?

            • dhork@lemmy.world
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              8 hours ago

              Forbes estimates it a bit lower, they say his liquid net worth and crypto is a little over $2B, but they admit they are devaluing the crypto because he can’t sell it all at once:

              https://www.forbes.com/sites/danalexander/article/the-definitive-networth-of-donaldtrump/

              The unlocked market cap of $TRUMP alone is over $3B, and people suspect he owns much of that personally. There are also a ton of shitty tokens owned by World Libery Financial, which he also owns a good chunk of.

              All this crypto literally didn’t exist during Trump’s first term.

              • Øπ3ŕ@lemmy.dbzer0.com
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                2 hours ago

                That might all be true (gotta love “valuation” [aka “guess”] touted as “fact”), but it still doesn’t begin to touch on whether he’s a cash-puppet for anyone who holds his CSM, etc. kompromat and therefore doesn’t personally own shit.

                • dhork@lemmy.world
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                  38 minutes ago

                  In the case of the crypto, though, it’s more than just a guess. These things are being actively traded on markets right now, and have a value attached to them. I could buy a bunch of $TRUMP right now if I wanted to.

                  None of that implies that he’s not also subject to influence from foreign powers with embarrassing info on him.