Even after the publication of his tax returns, Trump is complacent. He was “extraordinarily successful,” he announced on social media. According to financial experts, that is not true.

After the release of his tax returns by the US House of Representatives Treasury Committee, the former president appeared smugly on his network. He announced on “Truth Social”: “The Trump tax returns prove once again how extraordinarily successful I am.”

Far from it, counter American financial experts. According to Forbes magazine, his net worth has shrunk from around $5 billion to $3.2 billion since the start of his first campaign in 2016. The former president denies this and emphasizes that he still has more than ten billion US dollars.

But his tax records confirm the assessments of the New York Times: Trump plays the role of the successful business tycoon far better than he actually is in real life.

Because of spectacular financial losses, Trump only had to pay a meager $750 in income tax to the federal government in 2016 and 2017 – and nothing at all in 2020.

Between 2015 and 2018, he reported losses totaling $246 million. In 2018, Trump sold real estate projects that his father Fred had once initiated – for which he had to pay around half a million US dollars in income tax. In 2019, he transferred $133,000 to the IRS.

Calculations according to which Trump would be significantly wealthier today if he had done nothing and his father’s legacy simply in the US stock index Standard

For years, his critics in the American media have been claiming that instead of playing the businessman, Trump should have done nothing at all – and put his inherited $ 413 million in the S

The financial results would have been much more lucrative – Trump could show a lot more today, according to analyzes by the New York Times.

At the end of 2021, the business magazine “Forbes” also came to the conclusion that Trump was wasting hundreds of millions of US dollars with his projects.

One of his most spectacular bankruptcies: the “Trump Plaza and Casino” in Atlantic City. After 40 years, the building was destroyed on February 17, 2021. It was demolished by targeted explosives.

Trump-critical onlookers celebrated the demolition of the casino with so-called “collapse parties” in nearby hotels, whose room prices rose sharply due to the high demand for that day.

It was also possible to watch the collapse spectacle from the car for a parking fee of ten dollars. But investors suffered losses of a billion dollars – and more than a thousand hotel and casino workers lost their jobs.

Countless other Trump projects also brought heavy losses. Countless creditors felt compelled to forgive him his debts. On the other hand, Trump’s reality shows “The Apprentice” and later “The Celebrity Apprentice” proved to be extremely successful.

For eleven years he presented himself in his favorite role as a powerful business mogul. The first prize for the candidates: to promote a business idea from Trump for an annual salary of $250,000.

Overall, The Apprentice grossed over $400 million between 2004 and 2015, according to the New York Times. During the course of the show, Trump was also able to market countless products under his name. However, from Trump steaks to Trump deodorant, Trump pillows, Trump vitamins to Trump coffee and candy bars, only a few goods have been able to catch on.

In addition, the reality TV star failed to legally protect his favorite slogan from the TV series: Trump tried repeatedly to have his slogan “You’re fired” registered as a trademark – but without success.

Earlier this week, it was revealed that he also wanted to trademark the phrase “stolen election!” after the storming of the Capitol — for financial gain.

According to the New York Times, this emerges from the final report of the US investigative committee on the riots of January 6, 2021. “Hey Jared! President wants rights to ‘stolen election!’ let secure. I don’t know who to contact…” the daily quoted an email from then chief of staff Dan Scavino to Jared Kushner as saying.

But apparently Trump’s son-in-law also had no idea who might be responsible for a “stolen election!” trademark. Kushner then forwarded the email to a third party with the request, “Guys – can we please do this NOW?” Apparently nothing else happened.