>> he stayed ahead of inflation <<
Maybe.
But anyway, I believe that if you took the 200 to 300 million that his dad’s real estate was worth at the time of the dad’s passing, and then multiplied that number by the average price increase for New York real estate over the last 30 or so years, I believe you might come up with a figure close to the two to three billion that DJT’s real estate is worth today.
Therefore, if Don had simply held onto his dad’s holdings for the past 30 years, without making major changes, and without all the hoopla and bankruptcies, I suspect that nowadays, his net worth would probably be in that same two to three billion neighborhood.
Seen that asserted from more than one quarter. It would be an interesting political argument if true.
However even being near NYC doesn’t guarantee instant financial nirvana. Not with packs of liberal yapdogs biting at your heels.
One would need to follow particulars, where those particular buildings actually were, what they were like, and myriad factors.
Yes, but you’re discounting all the work an expertise that goes into maintaining such large holdings.
Even if trump doesn’t own a single one of daddy’s original units, he has preserved the value, inflation-adjusted, and that’s a fair bit of businessmanship. Kudos to him.