Business World Pushes Back on Trump’s Claims of Successes
Donald Trump likes to brag about the success of his business ventures. On Thursday, the business community pushed back, reminding Trump that he doesn’t operate a fortune 500 company.
— Fortune (@FortuneMagazine) March 3, 2016
The Hill reports:
On Wednesday, the magazine also published an article challenging Trump’s claims that his income was $362 million in 2014. The report says the real estate mogul’s actual income is most likely only about a third of that and says a generous estimate would be that it is only about half.
During a speech on Thursday, Trump also made the claim that the now-defunct Trump University had an A+ rating from the Better Business Bureau (BBB). According to a FactCheck.org review, the most recent rating for Trump University is a D-, though a BBB spokesperson confirmed the school had received an A rating at one point.
And 2012 Republican presidential nominee Mitt Romney, himself a wealthy entrepreneur, went after Trump for his claims and listed his many failed business vetures in a speech attacking the front-runner and imploring voters to rally around an alternative candidate.
“He inherited his business, he didn’t create it,” said Romney. “And what ever happened to Trump Airlines? How about Trump University? And then there’s Trump Magazine and Trump Vodka and Trump Steaks and Trump Mortgage. A business genius he is not.”