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Mocked as "the hobo's idea of a billionaire"

Rick Wilson, a Florida political consultant who is hardly a fan of Donald Trump, said of him in 2016, "I've had donors say: 'I'm a billionaire. Trump's a clown with a credit card.'" Wilson added, "he is, as someone said, the hobo's idea of a billionaire."1

This portrayal of Trump as a fake billionaire is indeed well-founded, since, for example, Trump:

  • lost over $1 billion between 1985 and 1994, more than almost any other US private citizen,
  • had four bankruptcies between 1991 and 2004,
  • faked his way onto the Forbes 400 richest list in 1984 when his assets were actually $5 million, and
  • took a middle-income New York State tax deduction in two quarterly filings in 2016.

See these and other details of Trump's repeated financial failings, and how in 2011, his wildly fluctuating claims of billionaire worth were laughed out of court.


  1. Huffington Post, "The Scam Behind Donald Trump's Political Rise," August 14, 2016, https://www.huffpost.com/entry/donald-trump-wealth-myth_n_57b09a63e4b007c36e4f1bff.

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Mocked as "the hobo's idea of a billionaire"

"I could . . . shoot somebody" on NYC's 5th Ave and "wouldn't lose any voters"

What did a 34-count felon call a federal official enforcing a law at Arlington National Cemetery?

Trump's longstanding, deep ties to the Mob

Senile rants in 20 recent speeches: "the late, great Hannibal Lecter" ("I love him")

Bemoaned a "zombie apocalypse" of migrants

Unhinged: said thousands at a Harris rally covered live by news channels were all faked by AI

Loony: posted on August 6 that Biden will try to "take back the nomination ... he wants it back."

$ billions in business losses, repeatedly bankrupt, stiffed thousands of subcontractors

"Moral Sewage" —Russell Moore, a Southern Baptist Convention leader, on Trumpism

Slimy: mimicked a disabled reporter

"Commander in Cheat": notorious golf cheater

"Commander in Cheat": notorious golf cheater

"He has no principles. None." A "narcissist" and a "clown." —Trump's sister, a judge, and niece

Trump, Feb. 10, 2024: Russia, do "whatever the hell" you want to a NATO country . . .

Trump, July 27, 2016: "Russia, if you're listening," hack Hillary Clinton's emails

Trump's ties to Russian Mobsters, with "a lot of money pouring in from Russia"

"Vladimir Putin's Russia is a Mafia State"

Trump's many fawning accolades ("so nice") for Putin, head of the Russian Mafia state

Trump touted an endorsement of him by a notorious Mafia killer ("Sammy the Bull")

Trump, the foul-mouthed deadbeat and Putin puppet

Trump was laughed out of court in 2007 for grossly overstating his assets

Trump Tower and Plaza built with Mafia concrete rather than typical structural steel

Trump doctored a hurricane weather map with a sharpie to show it going over Alabama

Another senile rant: says the world's #1 most crime-ridden country is "very safe"

Trump: "Find 11,780 votes" in Georgia

Trump flaunted his gold-plated toilet fixtures—actually gold painted—to a reporter

An ex-Mob boss: the Mafia is backing Trump

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