So this is what it takes to get the purported billionaire to act like a philanthropist?
As reported in these pages, the real estate developer is the country’s least charitable billionaire, a guy who has personally donated a combined $3.7 million to his foundation since 1990. In fact, the largest contributor to the Donald J. Trump Foundation is not the businessman himself, but rather the World Wrestling Federation, which has given the group $5 million in return for Trump’s participation in some WWE promotions.
In announcing his $5 million offer to Obama, the 66-year-old Trump suggested that the funds could benefit “inner city children in Chicago,” AIDS research, or the American Cancer Society. Trump, of course, never opened his foundation’s wallet in the wake of tragedies like 9/11, Hurricane Katrina, or the Haiti earthquake.
While he amusingly refers to himself as an “ardent philanthropist,” Trump’s charitable activities make him the laughingstock of the uberwealthy. Over the past 21 years, Trump’s foundation (principally seeded by WWE money) has donated a total of $7.7 million.