Trump Was …….
Trump was a real estate developer and businessman who owned, managed, or licensed his name to – hotels, casinos, golf courses, resorts, and residential properties in the New York City area and around the world.
From the 1980s Trump also lent his name/brand to scores of retail adventures including branded lines of clothing, cologne, food, and furniture – and to Trump University, which offered seminars in real estate education from 2005 to 2010.
In the early 21st century his private operation – the Trump Organization, comprised some 500 companies involved in a wide range of businesses, including hotels and resorts, residential properties, merchandise, and entertainment and television.
There are various estimates of his net worth – widely seen as best guesses – because:
He declares only the minimum possible –
and that is questionable because he has a record of underestimating revenue and assets – where convenient,
and – just to make it more difficult –
he and his two adult sons are already facing multiple counts in criminal charges for ‘grossly overestimating assets for fraudulent purposes’!
I should explain – it was to get better interest rates for loans guaranteed by Trump Org. and lower premiums on insurance policies.
Net worth estimates;
range from $4.4 – 4.5 billion
but –the leading rating agency -Forbes – states it as $2.9 billion.
So he might not have been – self made – but he is still pretty well off!
Plus – of course – he was – 45th President of the USA!
N.B. is not- certain, even now – that Trump cannot stand for and even serve as President – from a prison cell – there is nothing in the Constitution to prevent it.
There is also the argument that – ‘as a first offender (debatable?) and non-violent crimes – he would not go to prison anyway.
Not forgetting, that if he was elected as the as the new President – he could pardon himself of any federal law offences! (but not any State verdicts.
The press/buzz word / cliché at the moment is – ‘Unprecedented’!
Or should that be – ‘Unpresidented’?
It’s not finished yet.
He might still do a runner!