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Forbes has been examining Trump's wealth since the 1980s (this pic is from 1996) Associated Press

Donald Trump has lost $800 million in the past year, Forbes magazine reckons

He’s still worth almost $4 billion though.

FORBES MAGAZINE ESTIMATES that Donald Trump has lost $800 million over the last year. 

An investigation by the magazine puts his fortune at $3.7 billion. The journalists who carried out the research put the drop down to a softening of the New York property market.

The financial publication has cast doubt on claims by his critics that Trump’s tax returns, which he has failed to disclose, will show that he’s not a billionaire:

Forbes has been scouring Trump’s fortune for 34 years. Sometimes he’s up, sometimes he down–and for much of the 1990s he was out of the three-comma club.

However, a close examination of 28 of his properties shows  that 18 declined in value “including his trademark Trump Tower on Manhattan’s Fifth Avenue, his downtown jewel 40 Wall Street and Mar-a-Lago, his private beachfront club in Palm Beach”.

In recent decades, revealing tax returns has become standard for White House hopefuls. However, the Republican nominee has long refused to do so.

“I will release my tax returns – against my lawyer’s wishes – when she releases her 33,000 e-mails that have been deleted,” Trump responded when pressed on the issue in Monday night’s debate with Democrat Hillary Clinton.

His opponent shot back that such a challenge was “another example of bait and switch,” noting that presidential candidates for the last four decades had released their returns.

“I have no reason to believe that he’s ever going to release his tax returns, because there’s something he’s hiding,” she added.

Maybe he’s not as rich as he says he is.

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76 Comments
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    Mute Barry Somers
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    Jul 8th 2021, 5:58 PM

    Going to be a huge waste in tax payer money on this.

    Reminds me of the 100ks euro being spent on reports getting them translated to Irish , yet time and time again nobody ever requests the Irish reports.

    Having 20% being Irish is out of step with Irish population, no where near 20% of this country’s population chooses Irish as their first language

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    Mute Diaspora'd
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    Jul 8th 2021, 7:53 PM

    @Barry Somers: maybe have them 100% available in Irish only. English translation by request only. Maybe that would encourage people to improve their Irish. What’s your plan? Just give up on your country’s beautiful indigenous language..?

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    Mute Barry Somers
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    Jul 8th 2021, 8:48 PM

    @Diaspora’d: oh I see, you are trying the same tactic as the education system when it comes to Irish by forcing it on people.

    Remind me again just how much its failed for decades where people leave school with hardly a word of Irish.

    It’s failed utterly in our education system but it seems that doesn’t stop you.

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    Mute Diaspora'd
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    Jul 8th 2021, 9:37 PM

    @Barry Somers: Actually it’s because it’s never been properly implemented. Still can’t understand why kids in Ireland are not all educated in all-Irish primary and secondary schools. All-Irish schools are an excellent way to give kids the ability to be bilingual and then be able to pick up other languages too. It’s no hindrance to their overall education and I also can’t understand why Irish people who are proud of their identity would be so willing to let their indigenous language die.

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    Mute Aodhán Ó Deá
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    Jul 8th 2021, 6:07 PM

    Faoi dheireadh! Dea nuacht don Ghaeilge.

    Before any of the nay sayers comment here. This won’t actually cost anything. Asking that a proportion of the messages already sent out by departments be done as Gaeilge makes sense. It’s a shame to see government departments putting out English only messaging on social media

    20% employment will be a great encouragement for young people to engage with the language more in school and college.

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    Mute Steve Saunders
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    Jul 8th 2021, 6:11 PM

    @Aodhán Ó Deá: Aontaím go hiomlán

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    Mute Richard Ahern
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    Jul 8th 2021, 6:29 PM

    Visit the so-called Irish-speaking areas (Dingle is a prime example) and listen to the languages spoken. English, of course, and, depending on the time of year, Polish is next and then German and French. The pretence is embarrassing. The only place I know of that comes remotely close to being a Gaeltacht is Carraroe, Co Galway but it’s nowhere near what it was when I lived there years ago. We didn’t need Gaeltacht signs back then; the predominant language was Irish. Today is quite a different story. Time to face reality. Sad but true.

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    Mute Mark English
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    Jul 8th 2021, 5:47 PM

    Ar feabhas!

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    Mute Dsds
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    Jul 8th 2021, 6:07 PM

    Irish is Marbh.

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    Mute David Thornton
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    Jul 9th 2021, 12:52 AM

    Waste of money
    More people speak polish than Irish

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