Trump and the love of money



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Donald Trump campaigning in Winston-Salem, North Carolina on September 8
Image: AFP

In the biggest political battle in history, the headline is plagued with financial concerns. Does Donald Trump have to use his private fortune again to prevent Joe Biden from leaving him behind?

meIn October 2016, Donald Trump was short of money. His election campaign was threatened with implosion after an old recording was released in which the New York real estate mogul bragged that he could grab women between the legs to move them. Urgently needed donations to Trump for television advertising down the stretch did not materialize.

Majid sattar

Majid sattar

Political Correspondent for North America based in Washington.

At that moment, a journalist addressed the Republican presidential candidate: would you be willing to put more money from your own pocket in your campaign? Trump hesitated: He already has. It seemed as if he himself no longer believed that he could beat Hillary Clinton. In June 2016, when Trump had reached the required number of delegates for the nominating party’s convention, he had already found himself in a similar situation: The anti-establishment candidate initially struggled to raise funds. So he sold shares worth $ 40 million in cash.

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