West Virginia
Related: About this forumReport: Jim Justice, once W.Va.'s wealthiest resident, has net worth 'less than zero'
Fri, January 10th 2025 at 3:44 PMA new report issued Friday suggests West Virginia Gov. Jim Justice, who will soon become the states U.S. Senator, has a net worth less than zero. (West Virginia Gov. Jim Justice's YouTube)
WEST VIRGINIA (WCHS) A new report issued Friday suggests West Virginia Gov. Jim Justice, who will soon become the states U.S. Senator, has a net worth less than zero.
The report from Forbes said the net worth claim is due to what it estimates as $1 billion in debts owed by Justice as well as a decline in valuation of his assets.
Justice held his final news briefing Friday as governor, but did not address the report or take questions from reporters. Forbes said Justices attorneys and spokespeople did not respond to repeated requests for comment.
The report said Justices famed Greenbrier Resort "may now be worth less than half the $1 billion" it was once allegedly valued at. The Justice familys coal mines, which still produce coal, are estimated to generate $150 million in revenues.
https://wchstv.com/news/local/report-jim-justice-once-wvas-wealthiest-resident-has-net-worth-less-than-zero
elleng
(137,306 posts)BOSSHOG
(40,546 posts)Does that refer to money or integrity?
magicarpet
(17,253 posts)Lasher
(28,523 posts)But as the OP says, he's managed to blow a Billion dollars. That is cause for concern.
BOSSHOG
(40,546 posts)My wife and I have a little more than a pittance. But we are well off in our minds. An old financial counselor told me its not how much money you have but how you manage it. Manage your money or it will manage you.
Or maybe both.
Jim Justice was elected Governor as a Democrat. After he'd been in office as a Dem for I guess it was 2 or 3 months, he switched to the Republican party. He made a big deal of it too, inviting Trump to meet him in Huntington so the two of them could crow about what a wonderful thing it was that they were doing.
Drum
(9,983 posts)Ethical, effective. Not doing any of it for the money. Soooo different now.
riversedge
(73,755 posts)umm. Couldn't they find a healthier person to be their senator??
Really, he is 73 years old and needs to put himself out to pasture.
https://www.newsandsentinel.com/news/local-news/2023/06/gallbladder-surgery-latest-in-health-issues-for-gov-justice/
........... A 2019 profile of Justice by Forbes Magazine said Justice is 6-foot-8 and weighs 368 pounds. In a 2018 press release, Justice himself poked fun at his own heath.
Ive had no recent doctors appointments but the last time I did they told me Im in wonderful health, except for being a little chunky, Justice said.
Health issues and concerns have hounded Justice ever since he first took office as a Democrat in 2017. Justices weight and height have caused him issues with his feet, limiting how long he can walk and stand. Justice often has to be driven up to entrances of the Governors Office, the Governors Mansion, the Culture Center, and other properties on the grounds of the State Capitol Complex. Staff often bring a wooden stool for Justice to sit on at public events.
Justice has also had several illnesses over the last nearly seven years while in office. West Virginia MetroNews reported in 2017 that Justice sought treatment at Baltimore-based Johns Hopkins Medicine for an unknown viral illness.
Just prior to his annual State of the State address in January 2022, Justice tested positive for COVID-19 with serious symptoms, postponing his address to the Legislature. A few months later, Justice said a tick bite caused him to feel ill after participating in a WV GameChangers event and he was treated for Lyme disease symptoms. And earlier this year, Justice tested positive for COVID-19, but with more milder symptoms than his 2022 infection.
Skittles
(160,770 posts)you'll be accused of AGEISM for suggesting the obvious
Irish_Dem
(61,041 posts)He needs cash and a lot of it right now.
carpetbagger
(4,977 posts)May you live in I testing times.
Irish_Dem
(61,041 posts)My moral code and value system is so 20th century.
carpetbagger
(4,977 posts)Sneederbunk
(15,490 posts)3Hotdogs
(13,716 posts)He looks like I feel.