Trump said how impoverished he was after being elected US President





Trump's allegations of the amount that he allegedly loses due to his election as president cannot be verified


Trump said how impoverished he was after being elected US President

Photo: REUTERS / Al Drago


US President Donald Trump said that as a result of his election as head of state, he lost up to $5 billion. He estimated the amount of income that, in his opinion, was lost by refusing to continue the career of a businessman, as well as the costs of lawyers due to lawsuits filed against him.

“It (being the president of the United States) may cost me between three and five billion dollars,” Trump quoted the NBC channel as saying. “But I don't care about that anyway.”

In his speech, he once again emphasized that he intends to seek re-election as president.

“Being a president costs me a fortune,” Trump said. The American president complained that he spends a lot on lawyers because of his opponents, he said, file lawsuits against him “every day”.

NBC has noted that Trump’s allegations of the amount he allegedly loses due to his election as president cannot be verified. The current owner of the White House has repeatedly stated that his fortune exceeds $10 billion. According to a Forbes rating published in March, Trump’s total assets are around $3.1 billion.

During the 2016 election campaign, Trump announced his intention to publish tax returns but did not. He explains this with checks on his business. Trump emphasized that lawyers did not advise him to disclose the data in question. In May 2017, in an interview, he said that he would probably publish his tax returns only after he left the presidency.

Even before the inauguration, Trump announced that he had left all his posts in the Trump Organization (Trump Organization) to transfer them to the management of his sons Donald and Eric. He also decided to consolidate all his companies under the auspices of the head group, to conduct general accounting and reporting. Instead of selling his assets, Trump transferred them to a trust fund led by his sons. At the same time, Trump did not get rid of his companies, since this, according to lawyers, would mean selling them for nothing at the expense of the interests of other family members.
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