Trump
12-21-2015, 08:55 PM
#11
Stuck Mic
Joined APC: Dec 2013
Posts: 1,059
He treats them quite well according to a friend of a friend.
12-22-2015, 05:16 AM
#13
Prime Minister/Moderator
Joined APC: Jan 2006
Position: Engines Turn Or People Swim
Posts: 40,044
Hollywood entertainers and heiresses can be get away with being "difficult".
Most high-end business professionals did not achieve their success by abusing their own people...they'd still be working the night shift in the mail room if they were inclined to. What Trump does on reality TV (which includes this election campaign) is probably not how he really rolls.
12-22-2015, 05:33 AM
#14
Gets Weekends Off
Joined APC: Dec 2009
Posts: 1,464
Hollywood entertainers and heiresses can be get away with being "difficult".
Most high-end business professionals did not achieve their success by abusing their own people...they'd still be working the night shift in the mail room if they were inclined to. What Trump does on reality TV (which includes this election campaign) is probably not how he really rolls.
Most high-end business professionals did not achieve their success by abusing their own people...they'd still be working the night shift in the mail room if they were inclined to. What Trump does on reality TV (which includes this election campaign) is probably not how he really rolls.
give me 10 million bucks and I'll be a billionaire in 40 years too.
12-22-2015, 08:33 AM
#16
With The Resistance
Joined APC: Jan 2006
Position: Burning the Agitprop of the Apparat
Posts: 6,191
At least we don't have to pay for Trumps ride, and I doubt any psycho trailer trash is on that aircraft hurling ashtrays at her betrothed, and tying up LAX for all the serfs.
12-22-2015, 09:03 AM
#17
Prime Minister/Moderator
Joined APC: Jan 2006
Position: Engines Turn Or People Swim
Posts: 40,044
I'm not in any way advocating for the guy, but he turned small-time local millionaire into global mogul. That didn't happen because he invested a few mil in a long-term CD.
As jungle said most folks who tried that would be broke...safe bet with ten mil is to invest conservatively and live off the income. Remember that if you win the lotto.
12-22-2015, 09:11 AM
#18
On Reserve
Joined APC: May 2014
Posts: 10
Agreed. Just look at Rocky after his fight with Creed, he was broke and needed to get back into the ring soon after.
12-22-2015, 09:12 AM
#19
Gets Weekends Off
Joined APC: Dec 2009
Posts: 1,464
No you won't.
I'm not in any way advocating for the guy, but he turned small-time local millionaire into global mogul. That didn't happen because he invested a few mil in a long-term CD.
As jungle said most folks who tried that would be broke...safe bet with ten mil is to invest conservatively and live off the income. Remember that if you win the lotto.
I'm not in any way advocating for the guy, but he turned small-time local millionaire into global mogul. That didn't happen because he invested a few mil in a long-term CD.
As jungle said most folks who tried that would be broke...safe bet with ten mil is to invest conservatively and live off the income. Remember that if you win the lotto.
Good thing he started off with way more than that.
Point is, he's not a rag to riches story, he's an heir who's smart and talented. But he didn't rise up out of the gutter in any way.
12-22-2015, 09:26 AM
#20
Gets Weekends Off
Joined APC: Nov 2013
Position: Boeing, left side
Posts: 188
The lowest of the range of estimates of what he inherited from his father in 1974 is $40 million (he split his inheritance with siblings). Had he somehow liquidated his share of his father's business and done nothing with that money but invest in an index fund that tracked the S&P 500 at that time (if such a fund had existed), and reinvested the dividends, he would have about $3.7 billion today.
A Forbes article in 1982 estimated his wealth at around $200 million. Similarly, had he invested in an index fund at that time and reinvested the dividends, he would have around $8.3 billion today. He has estimated his own wealth recently at around $9 billion, while others have estimated lower.
So who knows what kind of a business man doing "wonderful deals" he is.
A Forbes article in 1982 estimated his wealth at around $200 million. Similarly, had he invested in an index fund at that time and reinvested the dividends, he would have around $8.3 billion today. He has estimated his own wealth recently at around $9 billion, while others have estimated lower.
So who knows what kind of a business man doing "wonderful deals" he is.
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