Donald Trump believes that he’s fit to be president. Why, you ask? Because he knows so much about foreign policy or economics? Or perhaps because he has a lot of experience working in the public sector? No, because he’s rich.

“I’m a much bigger business man and have (a) much, much bigger net worth. I mean, my net worth is many, many, many times Mitt Romney,” he said yesterday on CNN’s State of the Nation. “I built a very big net worth and I’d like to put that ability … to work for this country.” He added that he doesn’t “do it for myself, I’ll be doing it for the country.”

Although Trump’s obviously oversimplifying matters, there’s something to say for having a successful businessman run for president. Like Romney, he has proved himself in the private sector. That’s an important feature for presidential candidates; they can use their business experience to run the country. A figure such as Trump will be able to streamline the bureaucracy and to think outside of the box. Oh, and that’s not even to mention his ability to help the economy regain its footing.

Having said that, Trump is obviously wrong to assert that this is all one needs. Bill Gates is much more successful than Trump. Does that mean he’ll be a better president? If so, Trump shouldn’t forget that the Microsoft founder is quite liberal. And how about Warren Buffett? He too is more successful than the host of “The Apprentice.”

Sadly for Trump, then, great wealth doesn’t automatically make one a good president. Oh, and bringing up the birther issue doesn’t either. The opposite, even.