- Nov 26, 2011
- 123,644
- 57,402
- 2,290
The vast majority of Trump's 500 "businesses" don't do anything, parrot.You've never were involved with 500 business entities have you? Trump has, and failed with 7 of them.
You need to understand what a bankruptcy is, and which one has Trump used.
Look at Chapter 7 bankruptcy, look at chapter 11 bankruptcy, and look at chapter 13 bankruptcy.
Now do your own research and see which one, or ones that Trumpt used.
By the way, if you had been involved with 500 businesses, I would bet the farm you would have failed
more than you succeeded. Get a grip foreigner.
They create nothing.
The ones that have a real function are losing money hand over fist.
Trump Has Now Lost More Than $100 Million At His European Golf Resorts
The pandemic has been great for the golf industry, but it hasn’t been able to turn around Donald Trump’s fledgling properties in Europe.
www.forbes.com
Trump doesn't even develop any new real estate any more. He hasn't in a long, long time. No banks will touch him any more. Even the overseas banks have been burned by him and won't touch him any more.
So if an ACTUAL real estate developer wants to put Trump's name on their building, they pay him a fee and a part of the profits. That's what most of those "500 businesses" do or did. They collect fees for Trump's name.
That's it.
I seriously doubt there is a big market for the Trump name any more, though.
The net worth of Donald Trump has been plummeting for some time.