That article, provocatively headlined “Trump Exaggerating His Net Worth (By 100%) In Presidential Bid”, apparently did not sit well with the Donald.
“But I have a lot of cash”, Trump says in interview published by CNBC Wednesday.
In an interview with CNBC, Trump expressed his dismay, saying that the magazine was wrong with its estimates.
During his meteoric ascent in the polls during these nascent days of the 2016 election, the question of Donald Trump’s actually worth has surfaced again and again.
Trump claimed Forbes is going to look bad as a result of its supposedly faulty estimate, describing the publication as a bankrupt magazine that doesn’t know what they’re talking about. Trump disagreed: “They don’t give you any value for a brand and my brand is very valuable”. “I have a lot of cash”.
The magazine continued with an even more damning indictment of the state of Trump’s finances, suggesting that he owed about $180 million a year in interest, but that his properties only yielded $140 million a year in cash flow. In fact, when I leave you, I’m signing a branding deal that’s a phenomenal, tremendous hundreds of millions of dollars in value, all because of my brand.
Close by his triumphs, the 69-year-old land big shot has encountered a modest bunch of disappointments. “I’m under budget and ahead of schedule, like my projects”, he said.
“…what I need to do is put that capacity into this nation to make our nation rich once more”.
Trump also explained that he “saw a double standard” in how Forbes “lived openly as a homosexual – which he had every right to do – but expected the media and his famous friends to cover for him”.
The presidential nominee’s value for this year is critical for his political career, says Forbes in a report.
Whether he’s worth $4.5 billion or $10 billion, one thing is for sure: He doesn’t have to scrounge around for $250,000 speaking gigs in order to get through “tough times”.