Drudge Retort: The Other Side of the News
Tuesday, October 05, 2021

Former President Donald Trump has reportedly long been obsessed with the Forbes 400 list of the wealthiest Americans " specifically, his place on it. So, he's unlikely to be pleased with its latest iteration that doesn't include him at all. It's the first time in 25 years that Trump hasn't made the annual list, which debuted in 1982.



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"In 1985, Trump "invented a fake persona to lie about a transfer of wealth from his father," according to Forbes. "Forbes fell for that ruse"taking Fred Trump off the list and listing Donald alone. But five years later, we published an explosive story, uncovering the trouble brewing inside Trump's empire," the magazine said."

"If Trump is looking for someone to blame, he can start with himself. Five years ago, he had a golden opportunity to diversify his fortune. Fresh off the 2016 election, federal ethics officials were pushing Trump to divest his real estate assets. That would have allowed him to reinvest the proceeds into broad-based index funds and assume office free of conflicts of interest."

Instead, according to Forbes, if Trump had "managed to avoid capital gains taxes" and instead taken his $3.5 billion when he became president and reinvested it in the S&P 500, it would have been worth about $7 billion by September, keeping him comfortably on the list at No. 133."

Awww... poor orange baby!

#1 | Posted by Corky at 2021-10-05 02:17 PM | Reply

But he is still on Losers 100 list. In fact, he is near the very top of it.

#2 | Posted by moder8 at 2021-10-05 02:19 PM | Reply | Newsworthy 1

Audit Forbes!

#3 | Posted by bored at 2021-10-05 02:29 PM | Reply

Forbes is Commie media... like Fox!

#4 | Posted by Corky at 2021-10-05 02:33 PM | Reply

Death by a thousand cuts.

#5 | Posted by Doc_Sarvis at 2021-10-05 05:43 PM | Reply

He should fall off a tall building. Fat piece of ----.

#6 | Posted by LegallyYourDead at 2021-10-05 05:52 PM | Reply

I doubt that Trump is even a millionaire at this point.

He's a loser who got kicked out of government housing.

#7 | Posted by Tor at 2021-10-05 07:35 PM | Reply | Funny: 1

And all the King's horses and all the King's men couldn't put Humpy together again!

#8 | Posted by donnerboy at 2021-10-06 10:06 AM | Reply

The fact that he was there only due to his status as potus.

Calls into question their credibility.

#9 | Posted by fresno500 at 2021-10-07 12:51 AM | Reply

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Drudge Retort