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April 10, 2021

Remember how we heard from the left for four years that Trump only ran for President to “enrich himself”? Which seemed odd, since he was already a billionaire, he had to walk away from his multinational corporation, and he donated back his entire Presidential salary.

Well, there’s even further confirmation of what a crock that claim was. A new report by Forbes estimates that Trump lost $1.1 billion during his Presidency, with his fortune falling by nearly a third, from $3.5 billion to $2.4 billion. That dropped him almost 300 places in Forbes’ billionaire rankings. This during a time when the S&P 500 increased by 70%. If he had divested himself of all his holdings and sold them on day one, he would have ended his presidency up to $1.6 billion richer. It doesn’t say why, but I’m assuming all the mindless rage, groundless lawsuits, partisan investigations and fake news tarnished his brand.

But hey: guess who did get incredibly rich by being in the White House: Barack and Michelle Obama. The Obamas’ current estimated net worth is $40 million, over 30 times their net worth when they entered the White House.

To be clear, I’m not begrudging them their fortune. If publishers, Netflix, corporate speech bookers and others want to pay them big bucks, they have every right to say yes. But please spare me the pious lectures about how Trump only ran for President to enrich himself and that at a certain point, people have enough money. That goes over a lot better when you’re not saying it from the veranda of your $8.1 million mansion in DC or your $11.75 million, 30-acre oceanfront estate in Martha’s Vineyard.

And while we’re at it, has anyone noticed that liberal Democrats who lecture us about the evils of capitalism and the crisis of global warming always seem to live in multi-million dollar homes on the beach?

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Comments 1-5 of 5

  • Margarita R Popejoy

    04/11/2021 03:21 PM

    I LOVE our president Donald Trump and I believe that he loves the USA and every American. I felt sad when some Americans didn't vote for him just because they didn't like how he "twitted". Our universities, high schools, elementary schools have been corrupted by hatred from Marxist politicians. We need to reclaim our education system!!!

  • Russell

    04/10/2021 05:46 PM

    Criminals are in the White House and you can say bye bye to Tiawan...Biden lacks the strength or character to defend America. When the showdown over Tiawan next year Biden will give it to the CCP without firing a shot...

  • JanC

    04/10/2021 02:59 PM

    We've noticed Thank you for this article. Please keep exposing all the lies about President Trump. It helps us survive the injustices that continue. And we appreciate him all the more. Somewhere along the line, the other half of the nation has got to wake up!

  • Carol M Emden

    04/10/2021 12:42 PM

    Thank you Mike for your articles and your suppot for Donald Trump.

  • Phyllis Boyd

    04/10/2021 09:34 AM

    I have noticed the fact that the wealthy Democrats are pushing us towards socialism. I have also noticed that the ones that cry white privilege have been very successful. When they don’t like what you’re doing or saying they throw out racism or white supremacy to stop you in your tracks. They are the ones who are racist!