Donald Trump has frequently bragged about his enormous net worth, but when it came time to open his pocketbook to make a donation for Hurricane Harvey relief, the numbers show that Trump was comparably stingy.
This week, the White House announced that Trump would be donating $1 million of his personal money to aid relief efforts in hurricane-ravaged Texas. But when Trump's net worth is compared to the average American, that donation does not look so large.
The U.S. Census Bureau conducts a survey of income to give some details on the financial well-being of Americans and American households, the Motley Fool noted. In August, the Census Bureau released the latest findings showing that the median net worth for U.S. households is $80,039 --- about 45,000 times smaller than Donald Trump's $3.5 billion net worth as determined by Forbes. Trump has an even bigger estimate, claiming in presidential campaign disclosure forms last year that his net worth was actually $10 billion. That would be more than 123,000 times larger than the average household.
That means, by the president's own estimates, that Trump's $1 million donation is equivalent to the average American household donating about $8 to the relief efforts.
Donald Trump's promise to donate $1 million to hurricane relief efforts has already drawn plenty of criticism. Just a day after the White House announced Trump's donation, his press secretary wavered on whether the money would come directly from Trump's own pocket or his foundation.
As Think Progress noted, White House Press Secretary Sarah Huckabee Sanders "dodged" the question when asked whether the donation would actually come from Donald Trump's personal wealth.
"I haven't had a chance to do that," she said when asked if she had asked where it was actually coming from, Trump's own money or his foundation.