this post was submitted on 22 Apr 2026
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Trump feeling nostalgic ... hoping for a bankruptcy, perhaps? It's not like he doesn't have more money coming in from other sources. Pardon Bribes, his Board of Pus, weapons sales ...

[–] humanspiral@lemmy.ca 9 points 12 hours ago

over $1.1B in losses since 2024 IPO. Stock down 90% since the hype.

[–] Uranus_Hz@lemmy.zip 4 points 11 hours ago

That’s a lot of money to waste on trumps blog.

[–] BrianTheeBiscuiteer@lemmy.world 60 points 1 day ago (2 children)

He's made billions on other grifts so I'm sure he doesn't care.

[–] frongt@lemmy.zip 18 points 1 day ago (5 children)

Has he really though? He's bankrupted Trump casino, Trump steaks, Trump University... I'd be shocked if he really had all that much money in the bank.

[–] RememberTheApollo_@lemmy.world 12 points 13 hours ago* (last edited 13 hours ago) (1 children)

Trump has made over a billion dollars his first year in office this term. It’s amazing how much money you can hoard when taxpayers give it to you, businesses pay you homage, business deals just fall into your lap, and you use the government lawyers and taxpayer money to defend yourself from suits.

[–] Mrkawfee@lemmy.world 5 points 6 hours ago

Don't forget the oodles of insider trading!

[–] CmdrShepard49@sh.itjust.works 18 points 1 day ago (1 children)

He just sued himself as president and then settled the case for a $230 million payout over the classified document investigation. He's also suing himself again for $10 billion over his tax returns getting leaked.

[–] grrgyle@slrpnk.net 2 points 13 hours ago (1 children)
[–] Furbag@lemmy.world 13 points 13 hours ago (1 children)

Donald Trump, the private citizen, is suing the United States Government - of which he is currently the chief executive of. Since he has the authority to direct the justice department and court settlements are paid out of taxpayer income, he can direct the attorney general to "settle" with the plaintiff (himself) and have that settlement money get funneled directly into his private bank account.

It's a scam that, if it had been performed by any other president in the history of the nation, would have been a scandal that dwarfs Watergate and led to an immediate bipartisan effort to impeach and remove the president for blatant corruption.

But since it's Trump, this is just expected of him, I guess...

[–] EmpathicVagrant@lemmy.world 4 points 7 hours ago

You can apply that last bit to about any headline in the last 12 years

[–] dogslayeggs@lemmy.world 26 points 1 day ago

Those were all before he became POTUS. Everything he has done since then has been using every single bit of power he has to funnel money to his family and friends, which then goes back to him. You don't think he's getting a kickback on all those insider stock trades on oil futures that suspiciously happened right before going into Venezuela and also happened right before going into Iran?

You are right that he probably doesn't have that much money in the bank, because it is all distributed around to insiders who will give it back to him.

[–] corsicanguppy@lemmy.ca 14 points 1 day ago
  1. Make a corp
  2. Pay yourself a LOT
  3. Bankrupt the corp

You see how HE doesn't lose, even when the corp dies?

[–] porcoesphino@mander.xyz 8 points 1 day ago

Over a billion (maybe four) in his first year of his second term for him and his family:

https://www.nytimes.com/interactive/2026/01/20/opinion/editorials/trump-wealth-crypto-graft.html

https://www.npr.org/2026/01/14/nx-s1-5677024/trump-profits-merch-hotels-crypto

It's tough to tease out exactly how much and exactly who it goes to

[–] null@lemmy.org 11 points 1 day ago

They always got a side grift running.

[–] dhork@lemmy.world 33 points 1 day ago (1 children)
[–] homesweethomeMrL@lemmy.world 3 points 1 day ago

Bam! That’s what i’m talkin about.

[–] MagicShel@lemmy.zip 23 points 1 day ago (3 children)

Everyone knows truth social is going to be worthless by January.

[–] Seaguy05@lemmy.world 27 points 1 day ago (2 children)

I bet this is more of a tax scheme to use that loss as a tax deduction because that family is a total turd pile.

[–] Corvidae@lemmy.world 8 points 1 day ago

"Tax scheme" explains why Nunes is moving to "Chairman of the President's Intelligence Advisory Board".

[–] Dragomus@lemmy.world 6 points 1 day ago* (last edited 1 day ago) (1 children)

I'd say all of his bankruptcies were used as tax write offs ...
Also, it wouldn't surprise me at all if this whole trump media thing was constructed from the start as an impending bankruptcy...

[–] forrgott@lemmy.zip 5 points 1 day ago

I can't see it any other way. You're talking about a jackass that would rather embezzle a casino into the ground than just enjoy guaranteed profits.

[–] partial_accumen@lemmy.world 10 points 1 day ago

I could see a future where the smoldering remains of truth social is bought up for pocket change in bankrupcty by The Onion, and gets rebranded as an online museum of trump's lifetime of failures. The irony is that only in the end would the meaning of "truth" in its name actually be accurate.

[–] bedwyr@piefed.ca 2 points 1 day ago

That is unless the gangster King here trades a favor for some billionaire to keep it afloat.

[–] cybervseas@lemmy.world 17 points 1 day ago (1 children)

Oh Lordy I forgot about Devin Nunes.

[–] homesweethomeMrL@lemmy.world 5 points 1 day ago

I know, it was nice wasn’t it

[–] Eric@lemmy.blahaj.zone 7 points 1 day ago

That is less revenue than your average McDonald's location

[–] santa@sh.itjust.works 2 points 1 day ago (1 children)

Lol. Suck it. It’s like a ship with no floor!

[–] newthrowaway20@lemmy.world 4 points 1 day ago

Don't get too excited. Knowing these fuckin guys, they planned to tank the company to write off their other ill-gotten gains.