npub1jnhp9dqvwn8pjwccrkh8p3rhp3h465fvye7ks7vqxsz4r2qvtc2scrlfd7 (npub1jnh…lfd7) npub1lrvmc88ck63qpt734w85t5pnxchncvam0p9k9mueuezqz0grkn6s8jtth9 (npub1lrv…tth9) Yeah.
According to the Forbes estimates, he's worth $2.6b. Much of that in real estate, which is challenging to sell.
With a fire sale, that might liquidate to $500m or not.
(E.g. Benko bankruptcy that is heavy on "premium" commercial estate is estimated in an absolute best case at a 30% payout after 5 years slow sellout. Or below 10% for a fire sale.)
Basically, this fine, wipes out the Trump wealth.
#P01135809
#trump #bankruptcy
Andreas K /
npub1wl…8kh8v
2024-03-19 08:58:29
in reply to nevent1q…600f
Author Public Key
npub1wlyd7zwch26ha4gzrvu8t2fnykzvgc78g4vv7jzksgkk2a9d5avqn8kh8vPublished at
2024-03-19 08:58:29Event JSON
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"content": "nostr:npub1jnhp9dqvwn8pjwccrkh8p3rhp3h465fvye7ks7vqxsz4r2qvtc2scrlfd7 nostr:npub1lrvmc88ck63qpt734w85t5pnxchncvam0p9k9mueuezqz0grkn6s8jtth9 Yeah.\n\nAccording to the Forbes estimates, he's worth $2.6b. Much of that in real estate, which is challenging to sell.\n\nWith a fire sale, that might liquidate to $500m or not.\n(E.g. Benko bankruptcy that is heavy on \"premium\" commercial estate is estimated in an absolute best case at a 30% payout after 5 years slow sellout. Or below 10% for a fire sale.)\n\nBasically, this fine, wipes out the Trump wealth.\n\n#P01135809 \n#trump #bankruptcy",
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