Skip to content
Search AI Powered

Latest Stories

We Now Know How Much Cash Trump Had in the Bank—and Yeah, He's Been Inflating His Wealth

We Now Know How Much Cash Trump Had in the Bank—and Yeah, He's Been Inflating His Wealth
Doug Mills-Pool/Getty Images

There are two things to know about former President Donald Trump: He constantly lies and he's got money troubles.

Those two aspects of Trump's personality are on full display with the recent release of campaign finance records, the consequences of New York Attorney General Letitia James' civil probe into the Trump Organization. A report from Forbes' Chase Peterson-Withorn examining the documents found that (are you sitting down?) Trump greatly exaggerated his wealth.


As the report notes, Forbes is well-acquainted with Trump's frequent lies about his wealth. As far back as 1982, he sicced his lawyer Roy Cohn on Forbes, with Cohn insisting Trump had $500 million in liquid assets—more than the worth of his entire company at the time. The goal for Trump was to snag a higher spot on the Forbes list of the 400 richest Americans.

The New York Attorney General's investigation hinges on a similar issue—the allegation that Trump has frequently lied about his wealth and assets when it was financially beneficial.

Filings from Trump's last year in office put his liquid assets at $93 million—far less than his claim to have around $793 million just five years before. That $793 million was inflated as well, with documents revealing Trump actually had around $300 million in cash at the time. When he filed to campaign for President, this number changed again.

According to Forbes:

"But other documents soon introduced a different set of numbers. As a candidate for president, Trump was required to file a financial disclosure with the federal government. It showed a portfolio of cash and securities worth between $78 million and $232 million as of mid-2015."

People weren't exactly surprised.






They concluded it was just another part of Trump's big grift.



Awkward.

More from People/donald-trump

Kelly Clarkson
Debra L Rothenberg/Getty Images

Kelly Clarkson Shares Heartfelt Post To Explain Why She's Ending Her Talk Show After Seven Seasons

We all go through different seasons in life, and sometimes to honor the next season, we have to make changes and sacrifices.

For Kelly Clarkson, months after ex-husband Brandon Blackstock passed away due to a heart attack, it became clear that she needed to focus less on entertainment and give the next chapter of her life to her children, who she shared with Blackstock.

Keep ReadingShow less
Nicki Minaj
Brendan Smialowski/AFP via Getty Images

Nicki Minaj Dragged After Writing Cryptic Posts About Artists In 'Satanic Cult' That Sacrifices Babies

During Sunday's Grammy Awards telecast, newly minted, Trump gold card-carrying MAGA minion Nicki Minaj made herself a target of ridicule with a series of unhinged posts on X.

Her posts culminated with a homophobic attack against Trevor Noah which included a meme of herself in a pink ballcap that read "Nicki was right about everything."

Keep ReadingShow less
Jelly Roll
Kevin Winter/Getty Images for The Recording Academy

Grammy Winner Jelly Roll Called Out After Giving Bizarre Excuse To Avoid Reporter's Question About ICE

Country star Jelly Roll is facing criticism after he attempted to avoid a question from a reporter about ICE after Sunday's Grammy Awards by claiming he's just a "dumb redneck."

The singer—whose real name is Jason Bradley DeFord—earned three awards on Sunday, winning Best Country Duo/Group Performance with Shaboozey, Best Contemporary Christian Music Performance/Song with Brandon Lake, and Best Contemporary Country Album for his tenth studio album, Beautifully Broken.

Keep ReadingShow less
Screenshot of Kayleigh McEnany discussing "Melania" film
Fox News

Kayleigh McEnany Raises Eyebrows With Dubious Story About Her Mom Watching 'Melania' At Packed Theater

Fox News host Kayleigh McEnany—who served as White House Press Secretary during the final stretch of the first Trump administration—had people raising their eyebrows after she claimed her mother saw the new documentary Melania at a lively Florida movie theater that was "standing room only."

Melania follows current First Lady Melania Trump in the 20 days leading up to President Donald Trump’s second inauguration following the 2024 presidential election. The film was directed by Brett Ratner, who was accused of sexual harassment and misconduct by at least six women.

Keep ReadingShow less
Woman with her arms crossed
Photo by ᕈ O W L Y on Unsplash

People Explain Which 'Small' Social Rules They Refuse To Ever Follow

Home, work, the library, other people's homes, the grocery store; no matter where we go, there are rules and expectations.

Perhaps most of these are reasonable enough to assume everyone will follow along and do them to make the setting comfortable for everyone.

Keep ReadingShow less