President Donald Trump so far failed to get richer off the presidency, with his polarizing politics have hurt his operations.
Trump’s net worth dropped from $4.5 billion in 2015 to $3.1 billion in two years, causing him to slide 138 spots in The Forbes 400 richest Americans list, the publication reported on Tuesday.
Trump’s product-licensing enterprise, which Forbes valued at $23 million in 2015, has plummeted in worth to $3 million.
“He’s so polarizing that people are afraid to do business with him,” Jeff Lotman, who is in charge of the Global Icons licensing company, told Forbes. “He has significantly tarnished the brand.”
Read more at NEWSWEEK.
{Matzav.com}
I really don’t like when Matzav editorializes on the headlines of the article. It shows that they’re a biased news organization. Self sacrifice? I doubt it.
They poke fun at people in the headlines- John McCain was a recent example that came to mind.
I think it’s worth remembering that ultimately we are Jews who are supposed to make a Kiddush Hashem, and that comes before all political names and labels. People read our sites, and we are supposed to be able to show that even if we do or don’t appprove if someone, we stay above the pettiness, vitriol, and name calling.
And please don’t call me names for posting this!