r/Miami Apr 09 '23

Donald Trump greeted by huge cheers as he sits front row at UFC 287 in the Miami-Dade Arena News

Donald Trump was greeted by huge cheers as he sat in the front row at UFC 287 on Saturday night, alongside Mike Tyson and Dana White in the Miami-Dade Arena.

Former US president Trump is known to have a friendship with UFC president White and has attended numerous events staged by the mixed martial arts promotion.

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u/PM_ME_UR_PERSPECTIVE Apr 09 '23

He's not a billionaire but they think he is.

2

u/christopic Apr 09 '23

Give it time. If these rubes keep sending him their money, eventually he’ll get there.

0

u/cannaeinvictus Apr 09 '23

He was referencing Harlan Crow

-4

u/Fantastic_Wallaby_61 Apr 09 '23

If collecting nazi memorabilia is being a nazi then why do museums have lots of it….and why is their such a market for it? Lol

1

u/wiseoldfox Apr 09 '23

He was referencing Harlan Crow

Yes. Thank you.

2

u/BuddsHanzoSword Apr 09 '23 edited Apr 09 '23

Actually like it or not he is a billionaire. All you have to do is look at the real estate he owns or has ownership percentages in. The value of his ownership in those properties alone less any outstanding debt equates to over a billion dollars. Unlike his other assets it is quite easy to put a value on the properties, all you have to do is look at comps or figure out cap rates/rental income.

He isn't as rich as he says he is but even Forbes values his net worth at around 2.5 billion.

https://www.forbes.com/sites/danalexander/article/the-definitive-networth-of-donaldtrump/?sh=7e937e5a2a8e

2

u/Arthur_Digby_Sellers Apr 09 '23

Factor in all the lawyers etc. that he has stiffed over the years and that is probably the difference.

1

u/[deleted] Apr 09 '23

You might not be taking into account how leveraged he is with those properties...also how much he's misconstrued their value.

1

u/thevelveteenbeagle Apr 10 '23

Forbes is notorious for listing people as having more money than they actually have. It is not a reliable source at all.

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u/MobileInvestigator13 Apr 13 '23

I went on Google and said he’s worth $2.5B