January 6er-Baked Alaska: "i can't believe i'm going to jail for an nft salesman,"

[ProfessorGAC]

38. Actually,...

...there was no trust.
Those "loans" from daddy's in the 70s (really a tax dodge) was dumped into his side of the business, and when daddy died, over 90% was the organization which he then controlled.
His dad, and later TFG so overestimated their business acumen that diversification was just a 15 letter word.
Based on numbers on compiled in the past, had he taken those "loans" & sold daddy's properties and had professionals manage his money, he could have (since 1989) lived off 100x the median household income, and by 2016 been worth $8 billion. That's $3.2 billion more than he lied about being worth. And about 25x the most he could be worth today.
We agree on the squandering part, completely. But, these geniuses never structured their money into anything that sensible.