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$1.3 million in 2007, $7 million in 2016....net worth of the former POTUS, now

Posted on 3/15/17 at 10:00 am
Posted by wfallstiger
Wichita Falls, Texas
Member since Jun 2006
11458 posts
Posted on 3/15/17 at 10:00 am
just how in the hell does that happen. More interested in something along those lines than some old tired tax return which has likely been audited a bazillion times.
Posted by Bourre
Da Parish
Member since Nov 2012
20280 posts
Posted on 3/15/17 at 10:02 am to
Muh shitty book royalties
Posted by weagle99
Member since Nov 2011
35893 posts
Posted on 3/15/17 at 10:02 am to
Media has no interest in this.
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
63060 posts
Posted on 3/15/17 at 10:02 am to
That actually doesn't seem like a huge leap. Retirement planning, compounding returns, low to no expenses (the president doesn't use his cash or CC for dinner). That seems like a reasonable increase in net worth.
Posted by Wtodd
Tampa, FL
Member since Oct 2013
67488 posts
Posted on 3/15/17 at 10:02 am to
quote:

book royalties

Come after you write the book not before. Before is the contract amount or signing bonus.
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
16990 posts
Posted on 3/15/17 at 10:02 am to
The President is now a celebrity position and celebrities make lots of money.
Posted by olddawg26
Member since Jan 2013
24593 posts
Posted on 3/15/17 at 10:03 am to
That tax return shite has y'all in a tizzy. Chill.
Posted by Homesick Tiger
Greenbrier, AR
Member since Nov 2006
54212 posts
Posted on 3/15/17 at 10:04 am to
Someone will come along and say "books" made him rich. Then I'll say, "so he's making money on the side while being president just as Trump is doing but yet it's held against Trump".
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 3/15/17 at 10:06 am to
quote:

(the president doesn't use his cash or CC for dinner).
Actually the POTUS must pay for his household food and personal supplies. The exception is state dinners are at taxpayers expense.
Posted by TigreDeAustin
Austin
Member since Nov 2007
316 posts
Posted on 3/15/17 at 10:07 am to
$400,000 annual salary for 8 years = 32,000,000. Considering the POTUS doesn't really need to spend money on much while serving in office, a better question is why doesn't the former president have a higher net worth?
Posted by Robin Masters
Birmingham
Member since Jul 2010
29823 posts
Posted on 3/15/17 at 10:09 am to
I hope you aren't an accountant.
Posted by elposter
Member since Dec 2010
24930 posts
Posted on 3/15/17 at 10:09 am to
quote:

$400,000 annual salary for 8 years = 32,000,000


Does it?
Posted by McLemore
Member since Dec 2003
31507 posts
Posted on 3/15/17 at 10:09 am to
quote:

$400,000 annual salary for 8 years = 32,000,000


Aggie?
Posted by DawgsLife
Member since Jun 2013
58915 posts
Posted on 3/15/17 at 10:10 am to
quote:

$400,000 annual salary for 8 years = 32,000,000.




Dude...you better check your numbers, quick!
Posted by BaddestAndvari
That Overweight Racist State
Member since Mar 2011
18296 posts
Posted on 3/15/17 at 10:12 am to
quote:

I hope you aren't an accountant




That comment says a lot about math education wherever they went to school... That's just really bad
Posted by TigreDeAustin
Austin
Member since Nov 2007
316 posts
Posted on 3/15/17 at 10:12 am to
Clearly, my profile says LSU. I added a zero. And no, I'm not an accountant nor would I want to. $3.2 million is the accurate amount, I stand corrected.
Posted by DragginFly
Under the Mountain;By the Lake
Member since Oct 2014
3600 posts
Posted on 3/15/17 at 10:12 am to
quote:

$400,000 annual salary for 8 years = 32,000,000.
You must be adding in cattle futures.
Posted by Seldom Seen
Member since Feb 2016
40255 posts
Posted on 3/15/17 at 10:12 am to
Siphoned off all that stimulus money.
Posted by mmcgrath
Indianapolis
Member since Feb 2010
35408 posts
Posted on 3/15/17 at 10:13 am to
quote:

just how in the hell does that happen.
Earning 2 salaries plus pensions and other investments with reduced costs at the time the stock market tripled.

Seems about right.
Posted by McLemore
Member since Dec 2003
31507 posts
Posted on 3/15/17 at 10:14 am to
quote:

Clearly, my profile says LSU


Aggie is a state of mind.
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