672
Trump is booted off Bloomberg’s Billionaire list after Truth Social stock price dives
(www.independent.co.uk)
this post was submitted on 10 Apr 2024
672 points (98.3% liked)
News
23301 readers
3788 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
To be fair, and I have no idea why I'm being fair to that jackass, I think I would struggle to put together cash that's 10% of my net worth, given that most of my net worth is in my home and retirement accounts. I know the math gets a lot different as your net worth goes up, and the biggest difference is he could liquidate assets that he doesn't need to survive. But still I'm sure it'd wind up costing him more than the $500M or so on paper for the bond.
Hell, given that his "job" is just to be rage tweeting and encouraging racism, if he genuinely thinks he's gonna weasel his way out of the charges, its probably more cost effective to go to jail for a bit for attention than to sell something on short notice.
Love watching him squirm though.
The problem is he can't liquidate his assets that easily as most of his assets are in property. And when you sell property they have to go through an independent valuation and that may present a problem since he knows he lied about their value.
The actual value of his real estate is probably a lot less than the much quoted amount. I bet he doesn't have a clue how much his properties are actually worth.