Trump said the loss of 3-5 billion dollars because of the work of the US President

The US President linked such tangible losses, in particular, with “daily” lawsuits against him, noting that it does not matter “if you are rich.” At the same time, Forbes estimated the entire state of the American President at $ 3.1 billion.

US President Donald Trump, speaking to employees of the petrochemical enterprise shell, located near Pittsburgh, Pennsylvania, said that, occupying this position, lost up to $ 5 billion.

“Probably, it [the stay on a post of the President of the United States] cost me from $ 3 billion to $ 5 billion — and I don’t care. You know, if you’re rich, it doesn’t matter. I just want to do a great job,” NBC News quoted Trump as saying.

According to the head of state, such losses are due to the fact that he refused to continue his career as an entrepreneur, as well as “daily” trials, as he regularly has to spend money on lawyers because of the claims filed against him. “The presidency costs me a fortune,” he added.

At the same time Trump said that, despite this, he intends to be re-elected, President.

As NBC notes, the figures Trump called is almost impossible to verify, as the President did not publish his tax returns, having previously promised to do so after leaving the post of President. Also, the channel reports that Trump was previously convicted of exaggerating his fortune (Trump said that his size is more than $ 10 billion).

According to the Forbes magazine published in March, the total value of trump’s assets was about $ 3.1 billion. In June 2017, Bloomberg estimated the state of the head of state at $ 2.9 billion, and a year later recorded its decline by $ 100 million to $ 2.8 billion.

In 2016, according to Forbes, Trump’s assets were estimated at $ 4.5 billion, and on March 2017, after taking office as President, they decreased by $ 1 billion Then trump in the ranking of the richest people in the world lost 220 positions, being on the 544th position.

The day before the inauguration, which took place on January 19, 2017, Trump announced the voluntary resignation from all his posts in more than 400 companies. At the head of the Trump, Organization Corporation were the sons of the Republican President, to whom he transferred his assets.

Author: Flyn Braun
Graduated from Cambridge University. Previously, he worked in various diferent news media. Currently, it is a columnist of the us news section in the Free News editors.
Function: Editor