President Trump revealed on Saturday that he and his family have suffered enormous economic losses since leaving behind his successful real estate business to run for President in 2016.
“Believe me. I didn’t do it for me,” Trump told supporters at a rally in Janesville, Wisconsin. “I lost a fortune. This job has cost me billions and billions of dollars.”
“I would say it cost me two, three, maybe more billion dollars,” the president added, explaining that he didn’t want to rely on donors to fund his campaign — leading to great personal loss.
“Nobody could ever raise money like me, I just don’t want to do it,” Trump said. “Because it puts us all … meaning us, I did this for us, and not for me.”
After Trump’s tax returns were leaked in late September, the president endured relentless mockery for what the New York Times characterized as “chronic losses.”
Dozens of blue checks on Twitter derided his business acumen, claiming that he’s deeply in debt and that the losses prove that he’s a fraud.
In addition to spending billions of his personal fortune to run for president, Trump reminded the crowd — and Democrats — that despite their claims that he is using the office to enrich himself, Trump has donated his presidential salary every quarter to a different government agency.
Trump told the crowd on Saturday, however, “Billions I lost, and that’s ok, because I’m doing something that’s the most important thing I’ve ever done.”