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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Sdgla who wrote (125222)11/23/2016 2:18:19 PM
From: Elroy Jetson  Read Replies (2) | Respond to of 217847
 
Trump’s net worth has grown about 300% to an estimated $4 billion since 1987, according to a report by the Associated Press a mere 3.7% annually, similar to keeping his money in a savings account. - fortune.com

The real estate mogul would have made even more money if he had just invested in index funds. The AP says that, if Trump had invested in an index fund in 1988, his net worth would be as much as $13 billion.

The S&P 500 has grown 1,336% since 1988.

Other billionaires’ net worths have beaten the stock market’s growth in that time, let alone the growth of a savings account. Bill Gates, for example, saw his grow increase 7,173% since 1988 to $80 billion.

Warren Buffet’s wealth grew 2,612% in the same time period, to $67.8 billion.

Another recent Associated Press report found that Trump is a much more cautious businessman than he lets on. “Trump holds few stocks for someone of his wealth and Trump grown increasingly dependent on making money by lending out his name to others like Kim Kardashian rather than developing real estate or being involved in any business activity,” the AP wrote.

One reality television show has offered Trump nearly $100 million in return for starring in a porn film.