Politics

Only One-Tenth Of Voters Think Trump Is As Rich As He Says He Is

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Phillip Stucky Political Reporter
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Presumed Republican presidential nominee Donald Trump claims to have a net worth of over $10 billion — but a recent poll shows voters don’t believe him.

A vast majority of Americans disagree with Trump’s assessment of his wealth, according to a poll published by Morning Consult.

43 percent of respondents said that Trump’s wealth was $5 billion or less, while 37 percent of respondents said they didn’t know how much he is worth. Forbes’ estimates Trump’s wealth is around $4.5 billion.

Additionally, 23 percent of respondents stated they think Trump’s wealth is more in line with an average American household — and not wealthy celebrities like Oprah Winfrey, Bill Gates, Warren Buffet or Lebron James.

The survey also asked about Clinton’s finances, and 43 percent of respondents stated they didn’t know enough to guess the Democratic front-runner’s wealth. 46 percent of respondents agreed that Clinton’s income was under $1 billion — Forbes lists Clinton’s wealth at $45 million.

Republicans were more likely to agree with Trump that he is worth $10 billion, while simultaneously overestimating Clinton’s wealth by at least double the actual number.

Wealth overall has played a huge role in the election thanks to Sen. Bernie Sanders using it as a campaign talking point, which has led to the misperception that Clinton is worth more than she actually is.

The news coverage of Trump’s fortune, tends to be mostly negative, including Politico’s recent article that surveyed “a dozen experts and multimillionaires” and came to the conclusion that Trump got to his number by “overvaluing properties and ignoring expenses.”

Fellow billionaire Mark Cuban supported Politico’s argument, and stated that he had much more liquid assets than the Republican nominee. Cuban broke down Trump’s wealth in terms of liquid assets

Before all the Trumpians jump on me on who has more money, the reason I know is when you file your federal election-campaign reports, you have to list all your cash and liquid securities and bonds. You have to list them one by one. So we know without any question that, as of May 27, Donald doesn’t have more than $165 million in cash and securities and bonds.

And trust me, I’ve got a lot more than that in cash, securities, and bonds. And so you know, I’m willing to bet dimes against dollars that that’s pretty much what he’s got.

Trump could prove his wealth and income by releasing his tax returns, something he promised to do in previous years if he ran for president, according to the Economist. His recent response to releasing his tax returns has been, “that’s none of your business.”

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