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by raised_hand 3 days ago
that's it? seems low
2 comments

It's important to remember that Trump was actually relatively cash poor when he ran for president.

If you get rid of all his insane statements about his own wealth, his entire fortune boils down to a skyscraper, a resort, and a handful of piddling licensing deals. His realistic net worth was probably closer to, $500 million and the annual discretionary free cash flow closer to $20 - $40 million.

So, yeah. A single $2 million dollar ... erm... "emolument" would be something like 5-10% of his annual cashflow for a year. He might have taken over a 100 of these - that's a substantial boon!

Its volume pricing.