Trump is pretty rich, of course, but he would probably have been richer if he had taken the money he got from his successful dad and parked it in an S&P 500 index fund (analysis). And he has used the U.S. bankruptcy court system to skip out on paying back creditors four times (Forbes).
We look for business tips from a guy who could have been richer by staying home, smoking dope, watching TV, and playing Xbox.
Guide to estimating the fraud factor in whatever you hear about Trump:
- article from 2011 about how Donald Trump supposedly paid $100 million for a 20-year-old Boeing 757 (FAA registration; formerly belonged to Paul Allen) - article from 2011 on how Fedex was buying 20-year-old 757s for $10 million - article from 2014 on how you could buy “a used 757 already converted to VIP configuration … for as little as $20 million” or build one up with a fresh/custom interior for $28-35 million
no subject
Date: 2015-07-23 10:10 am (UTC)We look for business tips from a guy who could have been richer by staying home, smoking dope, watching TV, and playing Xbox.
Guide to estimating the fraud factor in whatever you hear about Trump:
- article from 2011 about how Donald Trump supposedly paid $100 million for a 20-year-old Boeing 757 (FAA registration; formerly belonged to Paul Allen)
- article from 2011 on how Fedex was buying 20-year-old 757s for $10 million
- article from 2014 on how you could buy “a used 757 already converted to VIP configuration … for as little as $20 million” or build one up with a fresh/custom interior for $28-35 million
https://blogs.law.harvard.edu/philg/2015/07/19/donald-trump-proves-the-white-male-privilege-theory/