Donald Trump Could Always Just Give $5 Million to Charity. But He Won't
Billionaire media slut Donald Trump's not-so-earth-shattering announcement yesterday that he will donate $5 million to a charity of President Barack Obama's choice if the president releases his college transcripts was essentially brushed off by the White House as the shameless PR stunt that it is.
Fox News described the offer as an act of "philanthropic extortion."
Even the president laughed it off during an appearance on the Tonight Show with Jay Leno last night.
In other words, no charity will see the money The Donald dangled in front of them. But that's not the president's fault, that's because Donald Trump is a stingy, carnival-barking phony.
Of that $7.7 million, only $3.7 million was taken from Trump's personal fortune, which is estimated to be roughly $3.1 billion.
The charities that Trump suggested the president choose to send the donation includes AIDS and cancer research centers, and to "inner-city kids in Chicago."
But they won't see a penny of that money -- despite desperately needing it, we're sure.
In contrast, other billionaires -- like Bill Gates, Paul Allen, and even New York City Mayor Mike Bloomberg -- shed much of their excess cash by giving it to charitable groups. In fact, Bloomberg has given more than $350 million to his charitable organization.
Billionaire Warren Buffet, as you may know, gave $1.5 billion to the Bill and Melinda Gates Foundation in 2006. And -- believe it or not -- he's still filthy stinkin' rich.
There's nothing stopping Trump from just donating that money to a charity of his choice and not use the cash to extort the leader of the free world. He clearly has the money -- he's offering to do it. But he won't -- because he's Donald Trump.