- Fri May 20, 2016 6:30 am
#72057
Romney was declared to be too rich by Democrats. They resented his wealth, which was about 1/2 billion before he distributed some funds out to his kids.
Now Trump says he is worth 10 billion and Democrats say he isn't rich enough.
So what is my net worth today? Well, I just don't know. It depends on whether I could find a willing buyer for any land, and what the market value of that might be now, and where the stock market is, etc.
Trump would laugh at my net worth, but the valuation problems I mentioned would apply with far more force to a billionaire.
What is Doral, or Mar el Lago, worth? It would depend on many factors -- the economy, interest rates, etc, etc.
So any billionaire is just making an estimate.
Now Trump says he is worth 10 billion and Democrats say he isn't rich enough.
So what is my net worth today? Well, I just don't know. It depends on whether I could find a willing buyer for any land, and what the market value of that might be now, and where the stock market is, etc.
Trump would laugh at my net worth, but the valuation problems I mentioned would apply with far more force to a billionaire.
What is Doral, or Mar el Lago, worth? It would depend on many factors -- the economy, interest rates, etc, etc.
So any billionaire is just making an estimate.
