And in the process Donald Trump grew his inheritance of $200 million into current net worth of $9000 Million ($9 Billion).
In other words Trump has grown his initial capital FORTY FIVE TIMES. He is obviously very shrewd businessman. I do not hate success.
Any proof of that? Because reliable sources say he has between $150 and $250 billion, and even a bank he works with says he has $788 billion. Meanwhile, $200 billion in 1974 US$ would be over a $1 billion today. So, if he had just made a conservative investment in the stock market he'd have much more than he does today.
He is a laughing stock in the financial industry, and only has a very small niche in real estate development.
Oh, and he has admitted in depositions that he exaggerates his wealth and bases it on what he "feels like."
That’s a growth rate of over 8% per year for 45 years!
No, he’s not what the American worker needs.