Trump Trump richer than most of us , but not what one thinks.

Discussion in 'Donald Trump' started by Penelope, Nov 15, 2016.

  1. Penelope
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    Penelope Gold Member

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    I suspect that is whey he didn't want us to see his returns. He made a mess our of his companies, and hopefully not of the USA.

    By

    Craig Karmin

    Updated Nov. 20, 2014 3:34 p.m. ET

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    Real-estate investor CIM Group, a lender to the developers of New York’s Trump SoHo hotel and condominium, on Thursday won a foreclosure auction that will allow it to own the property, a CIM executive said.

    The change in ownership is the latest twist for Trump SoHo, which Donald Trump touted in 2006 on his television show The Apprentice and whose family has helped market the property.

    Since opening in 2010, Trump SoHo has become a popular luxury hotel with a lively bar and restaurant scene. But the developers, the Sapir Organization and Bayrock Group, sold less than one-third of the 391 condo-hotel units, each of which cost $1.2 million to build, according to offering documents from broker Eastdil Secured.

    CIM Group to Take Control of New York’s Trump SoHo Hotel-Condo

    Trump Entertainment Resorts: This company, now owned by billionaire Carl Icahn, owns two Trump branded casino resorts, only one of which continues to operate today. After a long period of financial trouble, the company entered bankruptcy protection in 2001, 2004, 2009, and later in 2014 owing $1.2 billion in debts

    The business emerged from bankruptcy in 2016 with its transfer to Icahn Enterprises, in which the Trump Organization lost all its stake and must continue to provide Trump's name for the building.[15]

    Many developers pay Donald Trump to market their properties and be the public face for their projects.[68] For that reason, Trump does not own many of the buildings that display his name.[68] According to Forbes, this portion of Trump's empire, actually run by his children, has valuation of $562 million

    The Trump Organization - Wikipedia.
     
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  2. WillowTree
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    WillowTree Diamond Member

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    Curds + whey = cottage cheese!
     
  3. Stratford57
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    Stratford57 Diamond Member

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  4. Iceweasel
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    Iceweasel Diamond Member

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    I don't believe you and wikipedia is not a credible source for anything. Apparently he's doing well enough to turn down the $400k annual pay.
     
  5. Penelope
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    Penelope Gold Member

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    That post office he remodeled, he has a lease on it from the government, how did he get it, but out bidding everyone, he owns 3 million a year
    Follow the links. What is a credible source, the old history books, no we have wiki now and we have footnotes. Research . I know most young people do not know how to research, but there use to be a day when one had to spend hours in different libraries to what we call RESEARCH. Follow the footnotes, and be sure to check out several sources.

    I suspect he was fully aware of what the Pres. made, kids know that. I do not believe the man most of the time, but he will make big off of his billionaire friends, check them out. He owes many of them. He also owes on the remodeling.
     

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