As I was perusing Facebook posts the other day, I came across this meme posted on the Republicans of California page (of which I’m a member):
I read the back and forth in the comments section between pro-Trump people, and those who are pro-Cruz, or Kasich, etc.
I was trying to think of a good comment to post, when I thought, “If Trump did inherit that much, has he managed the money well?” This led me to look into Trump’s annual growth rate from the time he received his inheritance, to present time.
I did a little checking on the $100 million inheritance number, and I found that most news outlets are reporting that it was more than likely around $40 million. Whatever the amount, everyone’s in agreement that Trump received his inheritance in 1974. Of course, the first glimpse we get at Trump’s net worth is in 1978 when Business Week estimated Trump’s net worth at $100 million. That’s the number we’ll go with when comparing Trump’s annual growth to that of the United States’, and to Ted Cruz’s.
The calculation for annual growth is:
I took the easy route & used a growth rate calculator.
Here’s the annual growth rate for the USA, Trump, and Ted Cruz. The growth rate for the United States & Trump are from 1978 to 2014 (1978 being the year we have Trump’s earliest net worth calculation).
United States annual growth rate of net worth from 1978 to 2014
In 1978 the United States had a net worth of $12 trillion.
In 2014 we had a net worth of 123.8 trillion.
That’s a 25% annual growth rate. Not bad, right? We’ve done pretty good for ourselves.
Trump’s annual growth rate of net worth from 1978 to 2014
(For Trump’s 2014 net worth we look at 3 different figures. Bloomberg has Trump’s net worth at $2.9 billion, Forbes has it at $4.1 billion, and Trump has said it is $10 billion. We’ll calculate the annual growth rate for all three numbers)
In 1978 Trump had a net worth of $100 million.
According to Bloomberg, Trump had a net worth of 2.9 billion in 2014.
78% annual growth rate.
According to Forbes, Trump had a net worth of 4.1 billion in 2014.
If that figure is true, then Trump had a:
111% annual growth rate.
According to Trump, he had a net worth of 10 billion in 2015 (we added a year for this calculation).
If that figure is true, then Trump had a:
267% annual growth rate.
Just for fun, we calculated Trump’s annual growth rate from 1974, assuming that he had a net worth of $40 million at that time. We can’t actually use that figure, as we don’t know if he was worth more, which, most likely he was. Here are the numbers.
If Trump’s net worth was $40 million in 1974, and it was $2.9 billion in 2014, then his annual growth rate would be:
If his net worth in 2014 was 4.1 billion, his annual growth rate would be:
If his net worth in 2014 was $10 billion, his annual growth rate would be:
Ted Cruz’s annual growth rate of net worth from 2012 to 2015
As we only have Cruz’s recent financial disclosures to go on, we have a shorter span of time to look at.
Forbes has Cruz’s net worth for 2015 at $3.5 million. Net Worth Tomb has it at $4 million. We look at both numbers.
Net Worth Tomb estimates Cruz’s 2012 net worth to be $2,285,714.
If Cruz’s net worth was $3.5 million in 2015, his annual growth rate would be:
If his net worth was $4 million in 2015, his annual growth rate would be:
Now, it appears that Trump’s annual growth far surpasses that of the United States, and Cruz’s. There are some economists who say that Trump could have made billions more if he “had invested in an index fund in 1988.”
Of course, in a recent speech the Republican candidate for president said he loves “getting and getting.” He said something to the effect that he doesn’t care about how much he has, he loves the “acquiring” of things. I believe that Trump loves the “thrill of the chase,” and the capture, but not really holding onto something. It’s boring to him. He needs new challenges, and he likes to win. Investing his inheritance way back in the day would’ve been boring to him. He wouldn’t have had to do anything except watch his investment grow. That wouldn’t do it for him. He’s a hunter & a killer. Nothing boring about that.
So here we have it.
America’s annual growth rate over the last 36 years has been 25%
Ted Cruz’s has been 18-25%
Trump’s has been between 76-267%
We’ll take the middle figure for Trump which seems the most reliable. That’s a 111% net worth growth rate (Fortune Magazine actually has Trump’s growth rate at 300% since 1987).
If Trump can do for America what he did with his inheritance & holdings, the country would be in amazing shape, financially.
In one year, America’s net worth would more than double, going from $123 trillion, to $261 trillion.
If we stay at our current rate of 25% annual growth, America’s net worth will only be $154.75 trillion next year.
With the kind of growth Trump could bring, is it safe to say he could pay off the debt in 8 years? I say he could do it even quicker.
Now tell me who you’d rather have as president what with our astronomical debt, and failing economy.
Join the conversation
OUTRAGEOUS! Muslim Mayor Just Banned Christmas! They’re About To Revolt!
This Christmas season is far different than the last two since we have a president in charge who brought back the reason for the season. He’s not afraid to say “Merry Christmas” instead of the politically correct salutation of “Happy Holidays,” and it’s driving liberals to new levels of insanity. Now, in an effort to regain control and infiltrate hate into a joyous time of year, a Muslim Mayor has just announced that Christmas is canceled this year for everyone in his city, jut one week before Jolly Old Saint Nick is expected the come down eager childrens’ chimneys.
For eight years, Islam has reigned supreme as the former Commander-in-Chief catered to this religion over all others. That all changed when new leadership took office and made America and Christmas great again. The days of tiptoeing around terrorists is over but that isn’t stopping them from trying to reclaim the control that former President Barack Obama gave them when he put the priority on their beliefs and sensitivities over Christianity.
In an unexpected recent move, President Donald Trump gave our Jewish allies in Israel and early Christmas present by recognizing Jerusalem as their capital, rather than Tel Aviv. This brought about a terroristic promise of a “Day of Rage,” but now the mayor or Nazareth, where Christmas began, has just doubled down on the recourse after Trump’s decision.
The Muslim mayor of Nazareth has canceled traditional outdoor songs and plays celebrating Christmas in the city where Jesus spent his childhood.
Mayor Ali Salam, who once made the curious boast that U.S. President Donald Trump “learned everything from me” about how to win elections, indicated that he was punishing local and visiting Christians as revenge for the President’s decision to officially recognize Jerusalem as the capital of Israel.
“Our message is we love Jerusalem, we’ll never abandon you under any circumstances,” Salam declared.
“Our identity and faith aren’t up for debate … The decision [by Donald Trump about Jerusalem] has taken away the joy of the holiday, and we will thus cancel the festivities this year.”
While Nazareth is located within Israel proper rather than Palestinian Authority territory in Gaza and the West Bank, a majority of its inhabitants are Arabs with Israeli citizenship.
At a little over 30 percent of the population, Christians are a significant minority — but are dominated by the Muslim majority which voted Salam into power.
Nevertheless, the local administration has already walked back his aggressive position somewhat, conceding “there are commercial interests of the city and we are used to hundreds of thousands [of Christians] coming for this season.”
Some elements of the traditional celebrations will, therefore, go ahead, such as the Christmas market and a parade on December 23rd — but the singing performances and outdoor plays which usually mark the season will be prohibited.
According to the Bible, the city of Nazareth is where the archangel Gabriel told the Virgin Mary she would bear the Saviour, making it one Christianity’s holiest sites.
After giving birth to Jesus in Bethlehem — now located in the Palestinian-controlled West Bank — Mary and the rest of the Holy Family are said to have fled to Egypt to escape from Herod the Great, who ordered all of the infant boys in Bethlehem killed after learning a new king had been born.
Mary returned to Nazareth following Herod’s death, where the Bible says her child “grew, and waxed strong in spirit, filled with wisdom: and the grace of God was upon him.”
There should have never been a Muslim mayor of this Biblical city to begin with. They don’t recognize or respect the important history of this place and not only won’t protect and preserve it but will destroy it – as we’re seeing now. This is truly sad that it’s gotten this far and it will only get worse if people don’t stand up and revolt against this egregious abuse of power.
Express has more:
Protests in other parts of the Palestinian territories, as well as across the Arab world, have broken out since Trump’s announcement.
The Palestinians’ chief representative to Britain, Manuel Hassassian, blasted the American leader’s decision to move the US embassy.
He told the BBC: “He is declaring war in the Middle East, he is declaring war against 1.5 billion Muslims (and) hundreds of millions of Christians that are not going to accept the holy shrines to be totally under the hegemony of Israel.”
This issue doesn’t just exist overseas and in historical parts of the world – it’s a major problem here at home as we’ve seen with the Muslim mayor in Minnesota. Muslum-controlled cities are like Democrat-controlled cities: urban wastelands, plagued by out-of-control crime, murder, fear, and poverty. Minnesota standouts in this equation of supposed diversity…I’m sure there are a lot more cities in their quest to destroy our sovereignty. How’s that working out sanctuary cities?
It’s Official! The Camera Just Caught It…Secret Is Out Now After The Shocking Reveal!
First Lady Melania Trump has been exceptionally busy during her first Christmas season in the White House. Despite all the festivities and responsibilities she has in her new role, she kept herself even busier with spreading compassion to the hundreds of victims of this year’s natural disasters. Now that she’s back in Washington, D.C., she’s settling back into her festive routine for the rest of December when a photo was snapped of her and President Trump. While the shot looks stunning as ever, there’s something unexpected that the camera caught. Now the secret is out and the first lady is bracing herself for the inevitable attacks.
There is absolutely nothing this incredible presidential pair can do without coming under an onslaught of scrutiny from their detractors. The couple’s first White House Christmas picture was no exception. Everyone immediately noticed something “wrong” with it as soon as the official portrait was revealed. Now there’s no more hiding it and there’s nothing wrong with that either. However, leave it to hateful, anti-Christmas liberals to turn the image “issue” into major allegations against the Trumps.
Opposing Views reports:
President Donald Trump and first lady Melania Trump have revealed their official Christmas card for 2017.
The first lady debuted the card on Twitter on Dec. 14, reports Empty World.
In the caption accompanying the Trump’s Christmas card photo, the first lady tweeted: Merry Christmas from President Donald J. Trump and First Lady Melania [email protected] & @FLOTUS are seen Tuesday, December 5, in their official 2017 Christmas portrait, in the Cross Hall of the White House in Washington, D.C.”
Seems like an elegant and perfect Christmas card, right? Well, liberals took immediate notice and concern of something else. Rather than realizing that this was a shot that was supposed to be just of the President and First Lady, people began to react to the fact that their youngest son Barron, wasn’t in the photo greeting.
“This Christmas…Barron Trump is HOME ALONE!” one commenter said, cleverly making reference to the popular 1990 movie of the same name. As the remarks and question of the boy’s absence came pouring in, the next plausible step for Internet sleuths was to start a hashtag for it – since that’s what they do.
The hashtag “Where’s Barron” almost immediately made an appearance. “For the photo, the first lady wore a sleeveless, long, black dress, with pointed black stilettos, while the president wore a black tuxedo with a matching bow tie,” Opposing Views pointed out of our stunning first couple. “They are seen smiling, hand in hand, standing in front of the White House double doors, with two Christmas trees on either side, each of which is covered in fake snow.”
The couple is certainly used to the criticism at this point since it’s been a solid year of such ridiculous attacks that have no sign of slowing in the new year. They probably realized that they are “damned if you do and damned if you don’t” with including Barron in the picture since the criticism then would have been why they didn’t have the rest of Trump’s children in the shot. Chances are, they decided to just keep it simple.
Opposing Views has more:
Prior to unveiling the photo, the White House debuted a video of Melania Trump getting the property ready for the holidays, decorating the trees, preparing wreaths, and supervising the baking of cookies.
Stephanie Grisham, director of communications for the first lady’s office, confirmed via tweet that a huge gingerbread house was also prepared, constructed from 300 pounds of dough, reports Time.
Also on display are former President Ronald Reagan’s china and former President Franklin D. Roosevelt’s 1866 edition of “A Christmas Carol.”
More details on the decorations are provided by The Daily Beast, which reports that also on display are 71 wreaths, 53 Christmas trees, more than 18,000 lights, more than 12,000 ornaments, over 3,100 yards of ribbon and more than 1,000 feet of garland.
The Daily Beast’s Tim Teeman thought it was overkill, however, and declared it the “creepiest home space in America,” comparing it to scenery from a Tim Burton movie and recommending that the first lady keep the Christmas decorations up for next Halloween.
In addition to the card and video, Melania Trump also issued an official Christmas statement, reports Time. “The President, Barron, and I are very excited for our first Christmas in the White House,” she said. “As with many families across the country, holiday traditions are very important to us. I hope when visiting the People’s House this year, visitors will get a sense of being home for the holidays.”
The root of the issue is probably jealousy that the Trumps are in the White House and Hillary Clinton is not on this Christmas card as she and all of her supporters expected to see before her major loss in the presidential elections. We have a lot of reasons to celebrate this season and the two people in this picture have a lot to do with that.
BREAKING NEWS: The Truth Just Came Out – Trump Was RIGHT! They’re Going DOWN!
Ever since Trump became president, the liberal media has been incessant in their efforts to invent scandals that will get him impeached. One of their favorite fake narratives is it to paint Trump as a sexual predator, where before the election, women were coming out of the woodwork with outlandish claims, suspiciously waiting for decades to drop their stories until the presidential race. Now Fox News’ Sean Hannity has delivered an unbelievable bombshell about the women who made these sexual misconduct allegations against Trump, after promising several days ago that this latest scandal would tear the Democratic Party apart.
Boom 💥 https://t.co/aM0p5yHqXm
— Sean Hannity (@seanhannity) December 15, 2017
Liberals never let the truth get in the way of a good story, and for months, we’ve witnessed the unbelievable lengths they will go to in order to get our President impeached. You’d think after being busted for their fake story about Trump peeing on Obama’s bed with Russian hookers, that leftists would be more careful about the lies they weave, but given the fact that liberals only possess 3 functioning brain cells on average, they’ll continue to make the same mistake again and again.
Liberals have just been busted in another major whopper, as Hannity’s investigation is uncovering that it was a California lawyer behind these fake Trump accusers’ stories, where lawyer Lisa Bloom offered to pay these women off for their lies. Bloom not only got these women to lie to further this nasty sexual narrative about Trump, but compensated these women quite greatly, paying one woman’s mortgage off, and securing a six-figure payment to another.
A well-known women’s rights lawyer sought to arrange compensation from donors and tabloid media outlets for women who made or considered making sexual misconduct allegations against Donald Trump during the final months of the 2016 presidential race, according to documents and interviews.
California lawyer Lisa Bloom’s efforts included offering to sell alleged victims’ stories to TV outlets in return for a commission for herself, arranging a donor to pay off one Trump accuser’s mortgage and attempting to secure a six-figure payment for another woman who ultimately declined to come forward after being offered as much as $750,000, the clients told The Hill.
The women’s accounts were chronicled in contemporaneous contractual documents, emails and text messages reviewed by The Hill, including an exchange of texts between one woman and Bloom that suggested political action committees supporting Hillary Clinton were contacted during the effort.
Bloom, who has assisted dozens of women in prominent harassment cases and also defended film executive Harvey Weinstein earlier this year, represented four women considering making accusations against Trump last year. Two went public, and two declined.
In a statement to The Hill, Bloom acknowledged she engaged in discussions to secure donations for women who made or considered making accusations against Trump before last year’s election.
“Donors reached out to my firm directly to help some of the women I represented,” said Bloom, whose clients have also included accusers of Bill Cosby and Bill O’Reilly.
Bloom said her goal in securing money was not to pressure the women to come forward, but rather to help them relocate or arrange security if they felt unsafe during the waning days of a vitriolic election. She declined to identify any of the donors.
And while she noted she represented sexual harassment victims for free or at reduced rates, she also acknowledged a standard part of her contracts required women to pay her commissions as high as 33 percent if she sold their stories to media outlets.
“Our standard pro bono agreement for legal services provides that if a media entity offers to compensate a client for sharing his or her story we receive a percentage of those fees. This rarely happens. But, on occasion, a case generates media interest and sometimes (not always) a client may receive an appearance fee,” she said.
It’s absolutely startling the lengths that these nasty Trump haters will go to in order to get him removed from office. There’s already liberal morons calling for Trump’s impeachment over these false allegations, as they see how successful these tactics worked to destroy Roy Moore’s senate race bid. One of Moore’s accusers was Beverly Young Nelson, the ex-waitress who charged that Moore groped her when she was 16 and he was in his 30s, and used her high school yearbook bearing Moore’s signature as “proof” that she knew him. Even though Nelson would be busted for plagiarizing the yearbook entry, liberals still used the woman’s false testimony as a way to push the narrative that Moore was a “sexual predator.”
Despite the barrage of fake news, traitors infiltrating his administration, and half the country working to get him impeached, President Trump is still kicking ass and fulfilling his campaign promises to make America great again. Be sure to help expose this lie about our President and share this story. Knowledge is power!
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