St. Louis, MO—
After receiving a stunning IRS leak from an anonymous source, The Halfway Post can confirm that President Donald Trump’s entire net worth, after accounting for seven binders’ worth of files on debts to banks and other institutions both foreign and domestic, amounts to $17.36
In 2005, New York Times business writer Tim O’Brien published a book on Donald Trump entitled TrumpNation: The Art of Being the Donald in which Mr. O’Brien’s research on Mr. Trump suggested his net worth was only between $150 million and $250 million. Mr. Trump then tried to sue O’Brien for $5 billion in alleged damages to his brand, but the defamation suit meant that Mr. Trump had to reveal various financial documents in order to prove O’Brien was wrong.
Mr. Trump’s lawsuit subsequently failed after he admitted in depositions that his own idea of his net worth had no basis in reality, and—separately—a judge and an appeals panel also felt his lawsuit had no merit.
A couple years ago, it was widely reported that Trump’s businesses owe $1.8 billion to 150 different financial institutions, and the latest leak to The Halfway Post is more proof that Donald Trump’s debts are much larger than he says.
Following the leak, Mr. Trump has lashed out against The Halfway Post, maligning our fine digital paper as “fake news.” As a result, The Halfway Post, Inc. is initiating a $5 billion lawsuit to sue him for damages to our brand.
We look forward to obtaining Mr. Trump’s tax returns.
(Photo courtesy of Gage Skidmore.)