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Lol, I gave plenty of facts, like Trump makes more in a single year than you will make in your whole life time and yet you have the nerve to claim he is a failure, roflmao.
*yawn*
Trump is a huckster, nothing more. Sure, I guess I could turn to a life of deception and scam investors and lenders by taking on tons of debt via a corporation and habitually declare the corporations bankrupt after I've paid myself mega bucks. But I'm not that kind of person. I prefer honest work.
Lol, I gave plenty of facts, like Trump makes more in a single year than you will make in your whole life time and yet you have the nerve to claim he is a failure, roflmao.
*yawn*
Trump is a huckster, nothing more. Sure, I guess I could turn to a life of deception and scam investors and lenders by taking on tons of debt via a corporation and habitually declare the corporations bankrupt after I've paid myself mega bucks. But I'm not that kind of person. I prefer honest work.
No, you prefer to lie and ignore counter data if it gets in the way of your idiot narrative.
Trump is obviously a successful businessman, idiot, and your lies dont work to diminish it among thinking people.
Lol, now you use the Royal we?Speaking of thinking people, we're tired of your shit. And Trump's.
Feel free to show some actual Donald Trump business successes.
1) 'The Apprentice' - The Apprentice (U.S. TV series) - Wikipedia, the free encyclopedia
2) Trump Tower - New York City - Trump Tower (New York City) - Wikipedia, the free encyclopedia
3) Trump Towers (Sunny Beach) - Trump Towers (Sunny Isles Beach) - Wikipedia, the free encyclopedia
4) Trump Towers (White Plains) - Trump Tower (White Plains) - Wikipedia, the free encyclopedia
5) Trump International Tower Chicago - Trump International Hotel and Tower (Chicago) - Wikipedia, the free encyclopedia
6) Trump International Tower Toronto - Trump International Hotel and Tower (Toronto) - Wikipedia, the free encyclopedia
7) 'The Art of the Deal' - Trump: The Art of the Deal - Wikipedia, the free encyclopedia
8) Trump Organization - brought in about $605 million in revenue last year, and managed to clear somewhere between $275 and $325 million in profit. That’s a phenomenally high profit margin Trump’s Business Success Is More Than Marginal
9) Trump Taj Mahal - Trump Taj Mahal - Wikipedia, the free encyclopedia
As the total budget had ballooned to $930 million, Resorts sought to raise $550 million to complete the Taj Mahal, but struggled to find the financing.[11] With the company claiming to be near bankruptcy in early 1988, Trump made a tender offer to buy all outstanding stock for $22 a share, stating that he was willing to personally finance the construction, but only if he owned the entire company.[12] Television producer Merv Griffin made an unexpected offer to purchase the company for $35 a share,[13] sparking a highly publicized takeover battle,[14] with Trump and Griffin filing lawsuits against each other.[15] The two ultimately reached a settlement, which was executed in November 1988, with Griffin purchasing the company, and Trump purchasing the Taj Mahal from the company for $273 million.[16]
Trump raised $675 million to finance the purchase and completion of the casino, primarily through junk bonds with a 14 percent interest rate. ...
In 1991, the Taj Mahal went through a prepackaged bankruptcy, resulting in Trump giving a 50 percent stake in the business to its bondholders in exchange for lowered interest rates and a longer payoff schedule.[23][24]
Trump's new publicly traded company, Trump Hotels & Casino Resorts, purchased the Taj Mahal in 1996, in a transaction that valued the property at $890 million.[25][26]
The Taj Mahal was the highest grossing casino in the city until the opening of The Borgata in 2003. The Chairman Tower opened in 2008, bringing the complex to over 2,000 rooms.
- Trump successfully got it built and never had a controling interest in it, then walked away from it .
10) Grand Hyatt Hotel - Grand Hyatt New York - Wikipedia, the free encyclopedia - On May 11, 1977, the bankrupt railroad's asset manager Victor Palmieri told the city that the Commodore had lost $1.5 million in 1976 and might have to be shuttered. At that point, the Trump Organization bought The Commodore.[1]
Trump rebuilt the hotel, gutting the first few floors down to their steel frame (although the same basic layout of public rooms was retained) and the entire building was transformed with a new reflective glass facade placed over top of the existing masonry exterior. The work was designed by the firm of Gruzen Samton[1] The only portion of the hotel's decor left untouched was the foyer to the grand ballroom, with its neoclassical columns and plasterwork. The hotel re-opened in 1980 as the Grand Hyatt New York.
The hotel won the 2007 and 2008 Corporate and Incentive Travel magazine "Award of Excellence".[citation needed] It was renovated in 1996 and again in 2011.
11) Wollman Rink - Wollman Rink - Wikipedia, the free encyclopedia -
The rink was closed in 1980 for a proposed two years of renovations at $9.1 million. Six years and $13 million later, after the problem-plagued work was still not completed by the city, Donald Trumppersuaded Mayor Ed Koch in 1986 to let him complete the work in four months at $2.5 million in order to have it open by the end of the year.[3][4] Koch initially objected to Trump's proposal when Trump offered to pay for the renovations himself with the stipulation that he be allowed to run the venue and an adjacent restaurant and use the profits to recoup his costs. Public pressure prompted Mayor Koch to reverse his position.[5] The rink reopened to the public on November 13, 1986, with a ribbon-cutting ceremony and press conference attended by Koch and Trump, covered by national evening broadcast television news.[6][7] Total cost of renovations by Trump came in under budget at $2.25 million.
Wollman Rink is currently operated by the Trump organization, and is today known as the Trump Skating Rink.
Bloomberg puts Trumps business acumen in better perspective than some static list of what some think are successes: Should Trump Have Indexed?
But ultimately its value comes from its claim on earnings, and the S&P price/earnings ratio is about 19.6. Just for laughs, put that multiple on Trump's $300-million-ish of income and you get an organization worth about $6 billion.
So it seems like Trump has outperformed the S&P 500 over his career.
Even Slate defends Trumps business record. I Can’t Believe I’m About to Defend Donald Trump’s Business Skills
Basically, the man took a $40 million kernel and, while spending lavishly enough to surround himself with all the gold-plated bathroom fixtures his heart desired, managed to do a 26 percent better job growing his fortune than if he had quietly left it to grow in stocks without selling a single share or spending a single dividend check for 41 years. I'd say that's pretty good. How many actual money managers could brag they'd done the same with their clients' cash?2
Of course, Trump is not strictly an investor. Throughout his career he has been a real estate developer and manager, a builder of golf courses, a casino magnate, a reality TV host, a celebrity who slaps his name on assorted buildings for a fee, a hawker of power ties, and much more. This cuts against the idea that he is merely a glorified trust-fund kid: Rather than sit on his wealth while someone else saw to its care, he decided to jump into a number of highly entertaining, risky, and at times ill-advised business ventures, which have collectively turned him into an international celebrity. He took risks with the money he was given, and they seem to have paid off over time, both financially and personally. Meanwhile, Trump runs a company with thousands of employees. Whatever wealth he has created for himself, the total value that his company has created over the years is probably far greater.
Yeah, I'd put that up against a community organizer/pot dealer and a career vagina any day of the week.
