Trump forced to sell portraits of himself at a loss of over $40,000

Dump Googly Eyes Trump

This made me giggle.

Oliver Willis reports:

 

The agreement with the attorney general’s office says that Trump must sell two large portraits of himself that he spent $30,000 of foundation money on. The paintings are now valued at thousands of dollars less than what he paid for them.

One painting was a six-foot-tall portrait of Trump, a “speed painting” by artist Michael Israel painted in under six minutes during an event at Mar-a-Lago. The other painting is a four-foot-tall portrait of Trump’s face that the Washington Post described as a “a younger-looking, mid-’90s Trump, painted in acrylic on top of an old architectural drawing.”

Trump also spent $12,000 of money ostensibly donated for charity on a Denver Broncos helmet signed by former quarterback Tim Tebow.

Take together, all three items have been valued at $975 on a recent IRS filing, a drop in value of $41,025.

Trump is being forced to shut down the Trump Foundation, which New York Attorney General Barbara D. Underwood described as being part of “a shocking pattern of illegality.” Underwood said Trump and his foundation engaged in “unlawful coordination with the Trump presidential campaign, repeated and willful self-dealing, and much more.”

The foundation, she said, was “little more than a checkbook to serve Mr. Trump’s business and political interests.”

(click here to continue reading Trump forced to sell portraits of himself at a loss of over $40,000.)

Continuing on yesterday’s theme1 Trump is also horrible at collecting art…

Footnotes:
  1. and to be honest, the theme of the last three or four years []

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