“Trump’s self-made narrative leaves out his rather bountiful inheritance.”
Rubio lies, because Trump did not inherit that $1 million dollars. It was a $1 million dollar business loan that had to be repaid at the normal interest rates for such business loans. Secondly, while the $1 million is a lot of money for an individual, it is strictly a small business loan in the world of business, and it was hardly enough to buy any but the least valued real properties on Manhattan island, New York City. Today that $1 million dollars can only purchase about two low priced apartments or condominiums, and that means only two living units, not the entire buildings.
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Ref: “It was a $1 million dollar business loan that had to be repaid at the normal interest rates for such business loans. Secondly, while the $1 million is a lot of money...”
That one million was a loan from his father, which probably was an interest paying loan to teach him about business. What Rubio and Cruz were talking about was the $200Million dollar empire his father left him. — Donald Trump did not turn $1M into tens of billons of dollars as many of his follows seem to believe. He had a much bigger head start.
Bump.