From day one, Trump bragged about his wealth.
When Trump announced his candidacy last year at his gilded Trump Tower, he wanted it to be known he was wealthy, very wealthy. “I’m not using the lobbyists. I’m not using donors. I don’t care. I’m really rich, I can assure you that.”
Trump’s wealth, which he has estimated to be around $10 billion, has been a big draw for Trump supporters. Here is a mega-rich guy, say followers, who can’t be bought like other politicians. Here is a man who is funding his own campaign.
Thing is, very few people in the know believe Trump’s net worth is remotely close to what he claims it to be. Fortune magazine earlier this month estimated Trump’s net worth at $3.92 billion based on the latest financial disclosure. Some financial analysts, however, are questioning whether Trump is even a billionaire in light of the mountain of debt he carries.
If you want to understand a con man, look to his actions, not his words.
According to a report filed with the Federal Election Commission last week, Trump’s campaign had a total of $1.3 million in the bank as of May 31. This paled in comparison to the Clinton’s reported $42 million. Her super PAC Priorities USA has $52 million.
Wouldn’t a true self-funding multi-billionaire have a little more scratch on hand? Why wouldn’t Trump just sweeten his campaign coffers with, say, a measly $100 million check?
Today we learned the Trump camp is soliciting foreign donations. Why would a self-funding multi-billionaire do this … a clear violation of federal campaign laws?
“Donald J. Trump’s presidential campaign committee is violating black-letter federal law by sending campaign fundraising emails to foreign nationals — including foreign politicians — in at least Iceland, Scotland, Australia and Britain,” the nonprofit, nonpartisan group, The Campaign Legal Center, said in a statement. The group filed a complaint with the Federal Election Commission highlighting this violation.
There is no doubt Donald Trump is a wealthy man. But it appears his much bragged about riches may just be a figment of his very vivid imagination and not the reflection of what some might call reality.
Photo | donaldjtrump.com