Mark Cuban: Donald Trump’s billions might not be real
By Larry Brown
Mark Cuban has had beef with Donald Trump for a while, and he decided to reignite his issues with the businessman once again.
In some thoughts shared on the Cyberdust app for which he is a chief investor, Cuban questioned the legitimacy of Trump’s 2016 presidential bid.
Cuban, who owns the Dallas Mavericks and whose net worth is estimated to be north of $3.5 billion, postured that Trump might not have the funds to make a legitimate push for presidency. His theory is based on the difference between theoretical net worth and actual cash assets.
Here is what he posted:
So who wants me to talk about Donald Trump and his candidacy for President ?
I can’t resisit ! So if you don’t want to read about it, hit those dots in the upper right and mute me
It’s time !
Hey, Dusters, let’s talk Trump. So much to say that it can’t happen in one blast. But the first place to start is his net worth.
He has been bragging that he is worth north of ten billion dollars.
Ok. While’s it’s a big number, it’s not an important number. In fact it’s a play number.
Let’s say you own a painting that gets appraised at 10 billion dollars. That gives you a net worth of 10 billion. But that does not mean you have a lot of cash
In fact it’s possible to be worth billions, but not be able to pay your rent
How much cash does Donald have? We don’t know for sure. But we do know whatever cash he has, post his several corporate bankruptcies, he hates to spend it
And the one thing about the race for the Presidency is that it takes a lot of CASH
Not net worth. Cash. Cash. Cash
We have yet to see Trump spend much on building an organization, which. Is critical to getting votes. We have yet to see that he has raised money from supporters.
After all who feels the need to donate money to a guy who says he is worth 10 billion dollars?
It’s the Trump Conundrum. He is a Paper Tiger.
It’s very possible that he doesn’t have the cash himself and has bragged himself into a position where he can’t afford the cash it takes to run for President !
Trump’s presidential bid has already hit plenty of snags thanks to his harsh thoughts on Mexicans and desire to boycott our neighbors to the south. Now he has Cuban undermining him with some very fair points. After all, remember that several of Trump’s business have filed for bankruptcy over the years, and that his personal finances have been in doubt multiple times, too. It wouldn’t be a stretch to think that his net worth is not what he wants the public to believe.
Regardless of the status of Trump’s finances, it’s great to see Cuban going at it again with good ol’ mister funky hair. I think Cuban should issue another million dollar challenge to Trump just like what happened last time they got into it.
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