General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsDonald Trump is NOT a self made rich man...
He did not struggle up from the working class.
Let's look at his bio page on wikipedia:
"Trump is a son of Fred Trump, a prominent New York City real estate tycoon.[8] He worked for his father's firm, Elizabeth Trump & Son, while attending the Wharton School of the University of Pennsylvania, and in 1968 officially joined the company.[9] He was given control of the company in 1971 and renamed it The Trump Organization.[10][11] Trump remains a major figure in the real estate industry in the United States and a celebrity for his prominent media exposure.[12]"
So next time you hear someone say how great a businessman he is, please remind them gently that he grew up with wealth, had it to begin with...
Jim__
(14,045 posts)He's turned that into a small personal fortune.
- of course.
CTyankee
(63,771 posts)money makes money. Plus, you can buy the best investment people and you move in a very select group of people with insider knowledge about finances...
1939
(1,683 posts)Someone I know inherited 12 million after taxes and was dead broke five years later. At least Trump built on his good fortune.
bettyellen
(47,209 posts)Nevernose
(13,081 posts)Could it have been 12 million cash and 300 million in real estate? Could I just be remembering totally wrong?
Xipe Totec
(43,872 posts)Like the great god, Quetzalcoatl?
Who would have known that he once was a babe more helpless and indigent than the brute creation; that he lied languishing for days, months and years, totally incapable of providing sustenance for himself, or guarding against the attack of wild beasts of the field, or sheltering himself from the inclemencies of the weather.
pinboy3niner
(53,339 posts)Lord, don't they help themselves.
--John Fogerty, Fortunate Son
tosh
(4,422 posts)that the prominent real estate tycoon senior Trump was in fact a slum lord.
Why does that make so much sense to me??
In_The_Wind
(72,300 posts)while he drove me home after a night of drinking and dancing at Le Club.
Darb
(2,807 posts)You partied with The Donald? What was his hair like back then?
In_The_Wind
(72,300 posts)He was a normal person, a nice guy. His hair didn't look like it does now. He was drinking something maybe a G&T without the G.
kelliekat44
(7,759 posts)He does very little for the US.
CTyankee
(63,771 posts)and I wish the media would stop talking about him as a serious candidate for president...this guy is a fart in the wind...
madokie
(51,076 posts)square up his ASS
Too stupid to realize that
fuck him and the money he rode in on.
raouldukelives
(5,178 posts)yellowcanine
(35,692 posts)Not personal bankruptcy of course. Oh no. Somehow he manages to leave his creditors holding the bag but usually his personal wealth actually increases.
http://www.vanityfair.com/news/2015/06/donald-trump-companies-bankruptcy-atlantic-city
Snobblevitch
(1,958 posts)all american girl
(1,788 posts)Rex
(65,616 posts)I don't remember all the details, but Reagan bailed him out to the tune of 600 million dollars! So not only did he piss away all his daddy's fortune, he was given a bailout!