President Trump Did Not Profit From Market Boom He Created
A new financial report confirmed President Trump’s assertion that not only did he not profit off the presidency, but actually grew less wealthy as a result of his service to the American people.
This is according to estimates by Forbes published in their annual billionaires list on Tuesday. Forbes assessed his net worth at $2.4 billion, down from $3.5 billion in 2017 at the onset of the Trump administration.
Despite four years of accusations from the left that President Trump was enriching himself from the White House, his time in office actually cost him about 32 percent of his total wealth. This, confirming the truth behind his numerous statements on the matter.
“Well, I’ll tell you what, I’ve spent, and I think I will, in a combination of loss and opportunity, probably it’ll cost me anywhere from three to five billion dollars to be president,” President Trump said. “And the only thing I care about is this country. Couldn’t care less, otherwise I wouldn’t have done it.”
Moreover, the analysis performed by Forbes and verified by industry experts also projected that had President Trump sold off all his assets and used the proceeds to invest in the stock market, he would have made himself $1.6 billion richer.
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