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    John Carlsen 🇺🇸🇳🇱🇪🇺 (johnlogic@sfba.social)'s status on Sunday, 15-Sep-2024 02:45:51 JSTJohn Carlsen 🇺🇸🇳🇱🇪🇺John Carlsen 🇺🇸🇳🇱🇪🇺
    in reply to

    Key take-away: "the former president’s net worth increased $217 million to $3.9 billion"

    This only secured Trump's place as a *marginal* businessman.

    Assuming he had inherited $400MM when he was 18 (60 years ago), simply adjusting for "the time value of money" (keeping up with inflation), it would be worth 10.5 times as much today, or $4.2-billion.

    What was true about Trump in 2021 seems to hold true today:

    "It’s Official: Trump Would Be Richer If He Had Just Invested His Inheritance Into The S&P 500"

    by Dan Alexander
    Oct 11, 2021 06:30am EDT

    https://www.forbes.com/sites/danalexander/2021/10/11/its-official-trump-would-be-richer-if-he-had-just-invested-his-inheritance-into-the-sp500/

    In conversationabout 2 months ago from sfba.socialpermalink
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