The Real Story Behind Donald Trump's Wealth
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- Опубликовано: 21 июн 2016
- How did Donald Trump become so wealthy?
In this short video, The Money Project explores Donald Trump's successes, failures, family history in real estate, and the help he got along the way in amassing his fortune.
Links:
The Money Project: money.visualcapitalist.com
Texas Precious Metals: www.texmetals.com
Visual Capitalist www.visualcapitalist.com
The Money Project aims to use intuitive visualizations to explore ideas around the very concept of money itself. Founded in 2015 by Visual Capitalist and Texas Precious Metals, the Money Project will look at the evolving nature of money, and will try to answer the difficult questions that prevent us from truly understanding the role that money plays in finance, investments, and accumulating wealth.
Original post: money.visualcapitalist.com/don...
I've been in business for 30 years. I would never think of stiffing my crew and subs by declaring bankruptcy. He has screwed thousands of people millions of dollars time and time again. That in my opinion is the definition of a crook.
It's easy, when you have no morals or empathy?
Compare how Trump built his wealth to how Biden built his.😊
Yeah a Crook in a 3 pc.with a shag top
The greatest con man of all time. So much so that he conned himself into the presidency and has almost half the country still supporting him.
His poetic justice coming to him is longer overdue.
So... sounds like he got rich off his dad.
Shoes, Glasses, Shirt Man nope his dad only gave him 1 million and turned it into 4.5 billion not 4.5 billion into one million
Ivor Couisetyne By using his dads previous encounters, connections, etc. And what if he hadn't gave him the million or the connections? None of it would have happened.
if you had the connections and 1 million could you have done what he did?? exactly, stop talking crooked Hillary supporter
hi im juso Lol I don't support hillary or trump. And what you are saying is true. But either way, he got rich off his dad, which was my point. Maybe I couldn't do that, but without his daddy he wouldn't have been anything.
He didn't get rich off his dad. He is a brilliant man and made most of his money through good investments and real estate.
An NBC executive said that while Trump "demanded" $1 million per Apprentice episode, he was subsequently offered only a small fraction of that - which he accepted.
He was desperate for more money
....didn't know that!!! Learn something new every day about Trumpy ......usually not good or impressive.
It is now March 2024 - HUMPTY TRUMPY just hit with $83 Million judgement against him for RAPE .....and $454 Million judgement against him for FRAUD. Humpty Trumpy really rich? Well apparently not so rich. He is whining and complaining about how much money this is. I thought he was "really rich"!!! He still keeps telling everyone ....or anyone who is listening ....how rich he is .....but he hasn't paid a plug nickel so far.
Guess it's a surprise that he is NOT rich .....which is more than likely. What he owns is merely the ownership paperwork ......otherwise, he has very little money. AND, there are two more court cases pending. The first one being his claim he is IMMUNE. Immune to what, I have not idea. THEN there will be the trial for his act of insurrection .....which will make him ineligible to a president ....ever. But he will keep electioneering because there is nothing to stop him from electioneering. As stupid as this sounds, because there is a CONSTITUTION that clearly states, in the 14th Amendment, Section 3, that he cannot be president .......he will IGNORE the CONSTITUTION. Sound like an ANARCHIST? His name cannot be put on any ballot .....anywhere. This proves, there is "dumb", "dumber" ......and then, I suppose ....."DUMBEST".
.
The show sucks an always did
It's not time to see how he did as an investor.. It's time to see how he does as a defendant.
My only wish is to see him in prison.
It is now March 2024 - HUMPTY TRUMPY just hit with $83 Million judgement against him for RAPE .....and $454 Million judgement against him for FRAUD. Humpty Trumpy really rich? Well apparently not so rich. He is whining and complaining about how much money this is. I thought he was "really rich"!!! He still keeps telling everyone ....or anyone who is listening ....how rich he is .....but he hasn't paid a plug nickel so far.
Guess it's a surprise that he is NOT rich .....which is more than likely. What he owns is merely the ownership paperwork ......otherwise, he has very little money. AND, there are two more court cases pending. The first one being his claim he is IMMUNE. Immune to what, I have not idea. THEN there will be the trial for his act of insurrection .....which will make him ineligible to a president ....ever. But he will keep electioneering because there is nothing to stop him from electioneering. As stupid as this sounds, because there is a CONSTITUTION that clearly states, in the 14th Amendment, Section 3, that he cannot be president .......he will IGNORE the CONSTITUTION. Sound like an ANARCHIST? His name cannot be put on any ballot .....anywhere. This proves, there is "dumb", "dumber" ......and then, I suppose ....."DUMBEST".
.
8/500+ businesses failed. Thats not bad. Thats pretty good.
Lone Wolf dude those are small businesses. He is talking about the big ones. Pretty sure he got most of his money from his dad.
The 8/530 stat has been widely discredited. Firstly, he has absolutely not "founded" 530 businesses. He's a trustee, president, chairman, or just a member. Secondly, he's rarely the business director of those businesses and thus their success and failure is often dependent on the decisions of others. Third, there are estimates that at least 30 of the businesses he has been a controller on have failed (here's a quick list of some well-known ones: gawker.com/a-complete-list-of-donald-trump-s-business-disasters-1764151188).
Trump inherited $40 million in 1974 which, if he had just invested in an S&P500 index fund, would be worth $3 billion dollars right now (slightly more than his actual net worth depending on which valuation you believe). He was worth $200 million in 1982 which, if invested in the same index fund, would today be worth $8 billion.
Oh yeah, and don't forget that Trump was born into a life of privilege, quality education, and had all the business connections of his father who was a very successful real estate developer himself. That "small" million dollar loan was actually worth $4,493,104.09 when you factor inflation. Combined with all the advantages/connections he had over most middle-class people, it would have been pretty hard for him to fail. (Though there are some stats which show he needed 2-4 more loans from his father in subsequent years to remain solvent).
Thanks for the information, i looked up his businesses that he had. Its not that bad, right?
so what? if any rich person from a long time ago invested there money into s and p 500 they would likely be richer then they are so that was a REALLY bizarre and idiotic criticism also don't try and act like most people could do what he did in trumps position very few people could do what he did even with his privileges
Thomas Ellison Woah, there was no criticism that I have said. All I did was ask a question and stated that 8 businesses have failed. I know I should expect these kind of comments, but why does it matter? He's rich, I can't do anything about it.
According to the NY times, Donnie boy was a millionaire by age 8 and was given something like $4 million dollars from his father Fred which Donnie mostly pissed away in those business failures.
The problem we have is because Most people always taught that " you only need a good job to become rich. These billionaires are operating on a whole other playbook that many don't even know exists.
Money invested is far better than
money saved, when you invest it gives
you the opportunity to increase your
financial worth.
It is remarkable how much long term
advantage people like us have gotten by trying to be consistently not stupid,
instead of trying to be very intelligent.
The wisest thing that should be on
everyone mind currently should be to
invest in different streams of income
that doesn't depend on government
paycheck, especially with the current
economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
I also keep seeing lot's of people
testifying about how they make money investing in Stock, Forex and Crypto Trade(Bitcoin) and I wonder why I keep loosing. Can anyone help me out or at least advice me on what to do.
Even with the right technique and
assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.
Tim O'Brien wrote a book that argued Trump isn't a billionaire. Trump sued him for 2.5 billion and lost. O'Brien subpoened his tax returns in order defend himself and says today the United States needs to see his tax returns.
Rapist fraud criminal. Put him in jail
It is now March 2024 - HUMPTY TRUMPY just hit with $83 Million judgement against him for RAPE .....and $454 Million judgement against him for FRAUD. Humpty Trumpy really rich? Well apparently not so rich. He is whining and complaining about how much money this is. I thought he was "really rich"!!! He still keeps telling everyone ....or anyone who is listening ....how rich he is .....but he hasn't paid a plug nickel so far.
Guess it's a surprise that he is NOT rich .....which is more than likely. What he owns is merely the ownership paperwork ......otherwise, he has very little money. AND, there are two more court cases pending. The first one being his claim he is IMMUNE. Immune to what, I have not idea. THEN there will be the trial for his act of insurrection .....which will make him ineligible to a president ....ever. But he will keep electioneering because there is nothing to stop him from electioneering. As stupid as this sounds, because there is a CONSTITUTION that clearly states, in the 14th Amendment, Section 3, that he cannot be president .......he will IGNORE the CONSTITUTION. Sound like an ANARCHIST? His name cannot be put on any ballot .....anywhere. This proves, there is "dumb", "dumber" ......and then, I suppose ....."DUMBEST".
.
Make a video on how HIllary and Bill made their millions.
+† Masterhp † a child rapist is a child molestor
Yeah. I hate how conservatism got smeared through the republican party that was ruled by the bushes. I can't wait for Trump to take conservatism and the republican party back from the the establishment politicians like the Clintons and Bushes.
we already know
+† Masterhp † Everyone deserves the right to be represented by a lawyer guilty or not that's a basic right. She didn't volunteer to do it, that was her job get over it
Annabelle Laws Every attorney HAS the right to refuse a Client. Even if she had no decision to make she could have quit. No ethics, just power/money hungry Hillary.
So he turned 1 million dollars in to 5 billion dollars in 30 years or so, seems like a great success to me.
sounds like a win jack
yeah hes a good business man and people who dont agree are in denial, but as a candidate, he has a lot of issues
Scott Stapp
It's not that unusual to get loans in business, can't think of many companies that haven't. Also isn't Trumps company 100% owned by him that's also rare.
Scott Stapp
I don't know, I was just referring to his own company that he has a 100%stake in.
WAKE UP FOR GOD'S SAKE! What's wrong with people all over the world? Have you all been brainwashed by capitalism and grew to suck capitalist pigs ' dicks? Is having money and being a businesperson all it takes to impress?Like most of them, he INHERITED a lot of money and was lucky to be in the right environment and at the right time. Don't buy this downplaying one million dollars. That's more than most working class people will be able to have throught their whole lives despite their capcity or good ideas. It's easy to make money if you already have it. That's what he did. And even so he failed many times. His father didnt 'chip in' , he made an illegal loan. He was GIVEN money over and over cause he ALREADY had money. He underpaid workers and materials, outsorcing whatever he could, exploiting people, not paying taxes...That's ot a huge impresive success. That's a spoiled brat. That's luck at birth. That's the most likely consequence. He is a scoundrel not a role model
I like how there's so much that's conveniently left out of the failure part and the part about the small million dollar loan , you lost me on that one and you completely forgot the fact that Merv Griffin sold Trump the Atlantic City property and in the process totally got his clock cleaned Merv Griffith who ended up with Trump's properties in the Bahamas pretty much free. The art of the deal can be a beautiful thing just not for Donald Trump AKA the king of debt
Also, they are pushing the narrative that Trump is a billionaire. The Forbes list started in 1981 and Trump was worth 5 million dollars and you had to be worth at least 135 million to be on the list. So Roy Cohn told Forbes that Trump was worth 135 million which was his fathers net worth and that his Father was worth 5 million. Also from 1985 to 1994 his IRS tax transcript showed that Trump had a net lost of 1.9 Billion Dollars during that time period. So he was never wealthy enough to be on the Forbes list. More smoke screen and mirrors.
The irony of the Art of the Deal is that TRump didn't write it, too!
Yep. Soooooo...much has been left out, and glossed over, in this vid. But, as short (and vague)0 as it is, it was probably never intended to be an actual biographical short, just a vague snap shot.
@@alexmousley7213 Yep, and the guy who did write it has said that he doubts Trump ever read a book, let alone written one.
@scottshields8334 that's Merv Griffin not Griffith
"How he became Trump"
He got his dads last name.
Right! its that simple.. how have you made it on your dads last name
huh? become a billionaire
lol i dout it
and money came from his father too
Everyone is so mean about everything online 😞
yeah we got your point about the surname from his dad, but i also added the point, while yes his surname is TRUMP. but he is only spoken about because he is THE DOLAND TRUMP. not just any old TRUMP
wooshhhhhhhhhhhhhhhhhhhhhhhhhhhhh
( cannot believe i had to explain that to you)
@@MOBMJ Yes some did. Point being unlike you Doland made a lot more, made a major name for himself, and became a President. i dout you could have done that no matter what money was given to you. people like you dont like someone so try and dismiss the success ! BECAUSE JEALOUS. THE MAN DELIVERED ON MORE PROMISES AS PRESIDENT THAN MANY OTHERS, 4 MIDDLE EAST PEACE DEALS, ROSE MORE BLACK PEOPLE OUT OF POVERTY, HAD THE BALLS TO CANCEL IRAN DEAL -- DIDNT START NO NEW WARS - BROUGHT SOLIDERS HOME - CREATED MORE USA JOBS BY BRINGING BACK JOBS TO THE USA - WE COULD GO ON AND ON - AND ON AND ON
People seem to forget that he inherited his father's wealth when his father died, which in the video states was worth 300 million at the time of his death.
Trump lost every penny of the inheritance as well as the inheritance he stole from other family members. Trump was able to stay afloat regardless of the 4 bankruptcies by laundering money for Russian oligarchs, with assistance from Deutsche Bank. Quite profitable for the rapist and traitor.
There was an article that came out implicating he got even more than that and his father would give him “loans” for millions that he never paid back
It just goes to show that even a man with only millions of dollars, the best education money can buy and a complete lack of morals can make it in America.
And white
Best diploma that daddy could buy.
And not just $1 million hundred million dollars from his father father
You could add a man with malignant narcissism and sociopathy, too!
HE DIDN'T ATTEND CLASSES. EVER!
Even for a factoid this grossly missing things like 412 million he inherited when his Dad passed.
No shilt ! What about them Russians.
Most of Trump's successes were inherited. He even inherited a strong economy from Obama, but the problem with Trump is that his whole world is a golden townhouse with yes people to bully and thinking that's how the whole world works. If Trump started at the bottom, he would have stayed there because the man is a fraud and I'm betting his own dad thought so as well who had to get him out of a lot of business messes of his own making.
This guy trump is an idiot. God help America
Richard Thomas Lol search up your own “fact”
K Man I don’t know, ask Joe
This needs an update now that they have seen his tax returns with all of his tax evasion.
@Al Jones I have no idea what you just said what you wrote makes no sense
@Al Jones
Please inform your handlers they need to teach you proper English, before you troll in the real world.
@Al Jones
It's not about the inability of handling facts (I prefer facts over lies & propaganda), but it's about your inability to make sense.
@Al Jones
Yup, many years. Some of us weren't born yesterday and remember him from 40+ years ago. He was a fraud then, he's a fraud now. It was one thing when he was defrauding his lenders, but a whole new level when it's the nation.
@Al Jones
The Republican majority in the Senate refused to pursue impeachment in the Senate. That is not proof that he wasn't guilty, only proof that Republicans in Washington have no spine.
who the fuck is disliking this ? It's literally just facts
David22092001 the use of facts is what matters. 3 successes and 7 failures does not add up to 3.4 billion dollars even with the 1-4.5 million dollar start. Sure they have statistics but they failed to apply them correctly to the purpose of the video.
Why not? If those few successes made more than what those failures cost then what makes it false?
Rewatch the vid I didn't dislike it but there are some liberal jokes in there like how he built his tower over a playground that doesn't exactly make him look good but that's the point of it it's supposed to sway emotions to another opinion
You've seen the republican party and how their response to a simple question is to bodyslam you to the floor and start punching you in the face. They've been disliking anything with facts for the past 40 years now. How else to Flat-earthers and Anti-vaxxers exist?
Randal Jeffrey Randal Jeffrey I love how you just took one incident and said the whole party is like this and no they don't deny it they have owned up to there bs
I don't care how ignorant it sounds "a small loan of a million dollars" lots of companies start with a million dollars and eventually fail, trump however, started with a million and turned it into a billion, no matter how much you dislike him, that's impressive
go away nerd
What do you even know, you can't even vote yet.
+The Lol Guy though it is true I can't legally vote yet, that is not and "insult" and I bet you can't vote either and don't know much about politics, and if you can vote, that means your 18 and should be more mature than to argue with a 13 year old. Now there are two possibilities, you can either be a Hillary shit faced feminist claiming to know the word "logic" or you parents are Hillary fans and you just take after them,go online, complain to people who you don't agree with, lie about your age, and then go back to your safe space on tumblr.😁
+ScriptKitty thanks, you've officially evened out my cancerous rate for the day, you see, every time i see 2, uneducated,annoying, or simply just trolls, one educated and reasonable person pays up for it, so I don't get to go about my day contemplating if I should delete RUclips. Thank you, the app stays.
+ItsMrMelon I don't support any politician, but I hope that nor Hillary or trump is elected. also stop being a trump fanboy, he's not a businessman, he's not a politician, he's a lucky daddy's boy, Who can buy whatever he wants with his money without toll.
I love how they forgot to mention he scammed his way into forbes top 100 and then used that article into bullying banks to give him loans which he never had to return due to bankrupcy...
Or how he sold slaves in the middle east.
@@Saxxin1 wut?
And?
Scam artist
he may be an idiot..but i'll credit him in saying he's a clever idiot.
And NYC no longer want anything to do with him.... damn....
Yeah but to be fair no one really wants anything to do with NYC anymore either, people are fleeing the city
@@michaelpeterson2441 Thank Bill de Blasio for that. 🤦🏿♀️
Nice job.
When can we expect, "The Real Story Behind Hillary Clinton's Wealth"?
I would subscribe!
That would be epic.
That would ruin her campaign
I would subscribe if that video was made too
Anyone who's voting for Hillary is already too ignorant of any reason to care about where she got all of her money because god damn do we need a woman in office *cough* *cough* Feminists *cough* *cough*
Are you South African because I am and everyonles talking about how their moving back to Germany or mexico or somplace whenever the election is done and I'm always nope
My great-grandfather owned a successful refrigeration and Real Estate Company back in 30's and 50's In Alabama and Mississippi. They passed a law stating that a minority could no longer own land of a certain value and in certain district. They forced him to sell or just outright took the property. They then passed a law he could only sell and service Ice boxes in black Communities, then the local government imposed a tax on minority business's not white owned or shared. When he and my grandfather went to the government for a loan , even after serving his country , he was denied, despite "whites" with less credit worthiness or success received loans over him. He still carried on never complained and made the best of it sending his great-grand children up north to colleges.
lexxon11 really !!!! damn if I were you in would've sued the government
Kassoum Mohamed, you know absolutely nothing about America's history.
They've always stacked the deck against blacks in America then have the audacity to ask why are black people in the condition they're in.. 🖕🏾🖕🏾🖕🏾
Oh please, meanwhile all across Africa the government takes land from whites all the time but no one's complaining about that racism.
It's pretty hilarious too as you can watch the trend that the more land they take from white farmowners, the more people starve in those countries.
There is no such thing as stolen land. You either won the war or you lost it. The Africans lost the wars.
There are numerous countries across the world in the same situations, but they're not black so I guess they don't need to complain nonstop about it.
Imagine barely scraping together your whole career together with a reality tv show after you almost squandered generations of family wealth.
Thats the thing about being an entrepreneur. It takes so much work and failure to reach the top.
@@wollie1769 losers like her don't know.
They all think it's success success success!
@@user-pw2hb3lt5d
doesn't seem like you know either...
Hes worth far more than his family ever was. His father loaned him a minuscule percentage of what hes currently worth. I’m sure your accomplishments compare to Trumps though right?
@@anonymousperson6119
Yeah yeah stop pretending you know don the con just because you worship him & believe everything lie that comes outta both his mouth & his backside!
& why make such a stupid comparison with an entitled elitist who doesn’t give a damn about you unless he can either hustles you of money or uses you for personal gain?
The magats sure get dumber & dumber even after their master is ousted & discarded!
My mother was DENIED an apartment in Queens. She was more than qualified. Gee...I WONDER WHY SHE WAS DENIED?
Cause she was a racist white woman who expected white privilege... Tsss.
Because she wasn t aloud to know what happened there,so many secrets
@@eugenstratulat2700 she knew. My mother is a retired employee of the SDNY. And the rental agent pulled her aside and told her. He said that he thought she was a nice lady and it wasn't right.
@@kevinking5406 what does this have to do with Trump
@@erfshadow380 it's his business nitwit. Shows you the P.O.S character that got elected and what he comes from.
You win some you loose some. That's the very definition of an Entrepreneur.
It's so easy to be an entrepreneur when your dad already has all the necessary connections, gives you loans and bails you out. I'm not impressed. His business practices are also extremely shady and he likely does alot of under-the-table dealings and uses intimidation and threats to get what he wants.
Again much like every other successful businessman. I really don't get it. If it were you in his position would you not exploit everything within your legal barriers to get whatever you want? Indeed he was luckier than most of us, but nonetheless, he didn't go bankrupt (i'm talking about the man not any of his companies). And no it's not easier if you have more money. The only difference is your playing the same game with bigger numbers. After all it's all about risk and roi not just numbers. He's been around for more than 40 years so he must be doing something right since he's still around.
Do you want to pay more money for your workers in order to money rather than giving them less? Ideally for a businessman, I'd like to get my workers for free (slavery) but that shit doesn't fly. So in your legal possible ways, I will try to pay you what the market is so you work for me if I really think you are worth the money
George Charalambous you win some, you lose some, as long as the outcome is INCOME
The definition of an entrepreneur is to create an enterprise. Enterprise is an instrumental of people working together to create products for better mankind. People who think business as collecting money is a narrow minded people. People who think business as winning or losing like a game is immature people
You know, there's a far bigger difference between 3 billion and 1 million than there is between 1 million and *your* money. Hence, a *small sum*. Let's see how you turn 1 million into over 3 billion.
Same way you turn a dollar into 3,000 duh
his example is wrong.
its what you can buy with your initial start that matters.
$1 cant buy shit thats why its hard to turn into 3000
however with 1 mill, you can turn it into 2 the next day. if you have 1 mill liquid cash and a name like trump (replacing his resume in this instant) then a bank would match it.
what people are missing is, its not about the bullshit cash his dad gave him, its whats he is worth and the connections and access he gave him. the fact that his dad was building for the gov, he was at the best position to buy any building in NY, you with the same price on the same night coming from europe with no NYC connections wouldve been laughed of.
Trump is CLEARLY a silver fed spoon child, that literally all he had to do was connect the dots and color inside the lines (something we all know he didnt do well with as shown with his many failures)
No. Enough with this bitter "I could've done it" crap. The richer you get, the riskier it becomes getting richer. There's a reason not that many of those millionaires become billionaires.
You CLEARLY know nothing about business or success in general. Failures are a part of becoming successful. Clearly he's had more success than failures if you look at him.
@ryan_sebastian Trump wasn't as well connected as you think. When he first got started he had to make his own name for himself, people didn't care about his father because he primarily built real estate in the poor areas, while Donald was building in the wealthier areas. He only became known after his major success at the Grand Hyatt. He also struggled early on because the mayor of New York (Ed Koch) absolutely hated the Trump family and tried blocking them from government funding for a while. Trump is a successful businessman, I still dont understand why people try to downplay it so much. Id suggest you read The Art of The Deal before commenting on him so you can have a more informed opinion.
Not saying its easy to turn a 1m into 3b but our situations dont really compare. We need our income to pay rent and eat and barely have anything to invest.
If youre doing well and make a little over 10% a year, you can turn a million into a billion in a lifetime. If however you dont start with a million but with a 2000$ monthly income of which you need 1800$ to live and 40 hours a week to actually make that money, try calculate what you can make of that with slightly over 10% ROI. If you have time of course to think about how to invest while youre working to make your living.
I read a great article a couple of years ago that looked at wealthy people who inherited money from their wealthy parents. It turns out, if you look at how much they inherited and compare it to their income and net worth today, Paris Hilton could be considered a far more successful businessperson than Trump. The Kardashians, as well.
That’s kind of a low bar, because Donald essentially lost all his father’s money, whereas Hilton has done nothing of the kind.
If he can lose money running a casino, he clearly sucks at business.
@@kineahora8736 He lost all of his father’s money, but somehow he’s still worth billions. Do you ever tire of doing all those mental gymnastics.
@@mstone-wd7kc who said he’s worth billions? other than himself? His financial position is unknown, though he may have raised a lot of money recently from stupid supporters...
@@kineahora8736 So, that’s what you’re going w/? We just don’t know Trump’s financial position? Seriously? Do you understand anything about finance? Did you even check the internet to see his worth? Yes, Forbes and many others have established methods for valuing wealth. You seem extremely new to all this, so I’m going to give you a few years to catch up. Best of luck
His wealth isn't the only thing he artificially inflates.
Damn
This line is gold😂
@@k0n7akt 😂😂😂
He still better then Obama Hillary and sleepy joe
Voting for him again
Democrats are poison
@@unquenchablefire70Voting for TRUMP this time. Our economy has suffered, we need a businessman more than ever!
Obama would push us into a really bad depression, Hillary would've no idea what to do except lie for her corrupt foundation and run away from Bengasi and emails, Biden??? hmmm??? I don't even know why is still a candidate. I understand they didn't have anything better. Any person can be elected if people elect them, BUT get elected because our country needs him??? If anything Biden is exactly what our country DON'T NEED Right now!
Now watch Clinton Cash Documentary
Debunked you wish. Crooked Hillary supporter.
+Ray Tayvan That debunking is debunked by wikileaks m8
'towards the left'.. lol.. Clinton is not even on the left side of the political spectrum. I'd say pretty center. ;)
+Scott Truswell The funny part is that you yourself aren't even using proper grammar.
*****
Run-on sentences are not very pleasing mate.
Tbh 1 mil into 150m is quite a leap
Conclusion. He would have never made it this far if his dad and his dad's connections weren't there. He's not a good businessman. He's just well off and has many friends to help him out.
***** Believe what you want bro. He's just not a good businessman. I would say he's more of a gambler. The hotels he succeeds in are all mostly partnerships.
In the 21st century. All you need are rich "friends" then your set. Look at Hillary, she's always bragging about her backers. Face it, their both shit people and are unfit to be president.
Yi Yiang Chuah oh just stfu you don't know what you're talking about.
Yrrah V I'm using a phone to type. Don't divert the topic . From the comment alone I can tell you have low EQ and is like all Trump supporters.
Salty as fuck.
more like 6.8 million inflation
The “inn” that his grandfather ran in the Yukon? It was a brothel!!!
@clifton gaither As humans was are not “born”, we are made by the people who raise us. This is the famous that created Trump - immoral, no integrity, cruel. You should read Mary Trump’s book about growing up in that family.
@Adidev Gopalakrishnan wow! Your view of life is as narrow as your critical skills!!! Pissed that she didn’t get her rightful inheritance because her uncle Donny and his siblings had their father (another nutcase), sign a codicil in his will that transferred Mary’s late father’s rightful inheritance to Donny and his 3 siblings! What a great family eh? Mary’s brother had a child who needed constant medical care and the Trump family was ready and willing to deny them help. The Trump family is as dysfunctional as they come and idiots like you worship them it says a lot about you and your values - or should I say lack of values!! I hope you don’t have kids cuz if you do, God help them!!
The video also didn't mention the family's mob connections, the money laundering for Russians and the phony supply house they set up to dodge taxes on rental property profits.
@Adidev Gopalakrishnan trump and his brother and sisters made sure she and her brother got nothing. They had their father sign a codicil - even though he was suffering from dementia - excluding Fred Jr.’s children from receiving any inheritance. What does that tell you about the kind of people Fred Sr. raised?
Some how It appears that there is a lot of whitewashing about the criminal behavior...
@D Mack Yeah, this Trump shitsucker completely ignores that. Who paid this firm to make this shit video?
You wish
👍👍
The airline was a failure, but the rest was low overhead crap that didn't pan out. If you don't lose a bunch of money, then you didn't really lose anything.
Aaron West You mean high overhead? Low overhead would be a good thing.
david0aloha
I'm saying that his failures, besides the airlines, were small time investments that went under. Meaning, that he didn't lose a ton of money in any of them.
Ah gotcha.
What's the amount of money got to do with anything? They are ideas he believed in that were bad. Really bad.
***** The amount of money has everything to do with it. If you invest in something with a lot of capital and it crashes, then that could be considered a failure (which really could mean anything due to how crazy complicated getting a business running is). If they are low investment pushes, then it doesn't matter if they failed or not. maybe of them could just be pet projects. Also, for every one success an entrepreneur makes he's going to need about twelve failures. That's just a nice little rule of thumb when thinking about business. It doesn't grow on trees, this isn't a sitcom. Making shit work is an incredible achievement, and losing out on a dozen is just apart of the deal.
1 million dollars is a small loan for business. and to turn it into what he did, he did a great damn job.
no he didn't
***** best linemen on my football team, first place karate tournament, invest in silver and get lots of money. and won my school chess tournament. what have you achieved?
***** he has failed multiple times in business and will fail as prez
***** no i don't have an overgrown ego i just think he will fuck this country up so bad
Did you watch the video? He almost went out of business and then needed another $3.5 million loan from his father. Also considering he started with a leg up over an average person via his father's business and government connections, he failed quite a bit
Yet with all his wealth he still asked for donations to fund his campaign.
Why pay for yourself when you have idiots pay them for you?
@Quentin Leslie presidential's salary is merely 400 k
he need the wealth for his family also right?
Certain things require having a certain amount of donators its not something he can control
He's a greedy man for sure.
They forgot to mention that Fred gave his son, Donald, over $400 m by the time he was 18 years old.
BTW - how the hell do you lose millions on a CASINO?!?
@Susie BG he never went bankrupt , he had hundreds of companies.amd some of the companies filed for bankruptcy.
@Susie BG he is a genius what ever you say.He using his geniuses to teaching china , Germany Mexico , cannada a lesson for the benefit of USA.You need to be smart enough to understand Trump genius.If Biden becomes President there would no more America as a superpower and if America goes down world goes down.
@Susie BG since 2016 America is realy a big laughingstock here in Europe. Please don´t re-elect him... Greetings from Luxembourg :)
Yu Kiu Lau There’s no way to know how much money he actually has because he lies so much about it. One journalist estimated his wealth as between 150-250million. Trump sued him and lost. His tax returns could verify those inflated figures, but obviously he’s hiding them and the fact that he’s actually worth far less than he claims might be a big reason why he’s hiding them.
He can’t be that bad he is the president
That’s what burns most liberals
Their queen Hillary is over
Trump basically ended her lol
Same will happen with Biden
Anyone who invests in Atlantic City has made a mistake
Leroy Sinclair unless you invested time into boardwalk empire
Leroy Sinclair k
Not back then
Nathan Kelly gambling and brothels are entertainments since humanity exists so they wont die easily like that...
Leroy Sinclair you’re an idiot.
Now do a Hilary Clinton version :)
Yes, I want a Hillary Clinton version....
Easy.
Step 1: Don't divorce your husband when he's getting sucked off in office, because no one cares who Hillary Rodham is.
Step 2: Carpetbagging.
Step 3: Blatantly selling influence by speaking fees, etc.
It would be... Drugs drugs drugs, Marry a rapist, get syphilis, turn a blind eye to her husband's rape anticts, campaign for him, become first lady, kill this guy, kill that guy, kill more people, become a senator, run for president and lose to obama, become secretary of state and turn a blind eye to people's deaths, fall down and break her noggin and get a blood clot, become epileptic... and the last chapter would be titled run for president again and wind up in prison for a few months after her campaign fails. Then she dies in 2028. Neat.
Kbrat ! : Dont forget libya, syria, afghanistan and iraq.. Probably many other countries
Saudi money
Applauding myself after a year of consistent dedication and growth, investing 40% of my pay monthly into ETFs and Index funds, I can boast of $135k in profits so far. Cheers
Quite impressive, but for me anything Equity is risky so I really just stay off, how do you handle that.
there’s no magic there, every form of business or investments involves risks but I work with an expert trade analyst so it is a lot easier, you can look him up if interested. Eddybruke .info
@Biggundunho nah he actually helps out by just having money in the market in general
Good stuff man 👍🏽
@@majoredecos sure
Is easy when he’s born rich, a true business men are the ones who are not born from a rich family and start from the bottom to the top first class
Its not as easy as it looks, theres millions of rich inheritance people who go broke from bad business choices. Also stop discrediting the geniuses, its not easy to go from 1 million to over 3 billion dollars. It is true that those people are exceptional business men, but I dont think its good to discredit the rich born good business men.
Lol like rich kids choose to be born rich
@John O. Regminton Im not gonna be a bitch and argue, you do have a point lol.
That is how rich people become rich in the US. You just know how to rip the government off.
knowing how to take advantage of gov inefficiencies is how to do well anywhere
Sam Dawkins
But at the end of the day its the people's money. The money is not coming out of government official's own pocket.
Bobby Bobby thats why im a libertarian. when the gov starts giving out the peoples money sharks get rich and the ave joe suffers
Sam Dawkins
totally agree with you there. Government keeps raising people taxes, and provides no extra services to the people. Most of the money goes to the sharks and interest payment.
Bobby Bobby always the way.
You forgot about golf and beauty pageants.
They mentioned golf courses. His golf courses have overall turned a profit.
they didn't mentioned nearly as many successes as failures, which was a bit unfair
+Resyncs
They also didn't mention how Trump University was a fraudulent scam aimed at taking money from poor uneducated people who wanted to get into the business world, which was a bit unfair.
Yomil Dank
Was it? I think it is still up for a judge to decide. Is that you?
Andresa Martins
The court case is still on going. There are a lot of people that got scammed that want their money back.
Just a few days ago the judge in the Trump university case just shot down another attempt to dismiss the on-going fraud lawsuit.
It doesn't look good for Trumpy.
So why did he not pay so many contractors? If he made so much money?
henry rudolph Because he’s a bully and a jerk.
he was allowed to screw them over because like 97% billionaires he was a democrat and they protect the corrupt
@@timbean9827 Why does America only have two political parties. Especially if there is so much corruption involved with both political parties? America has to address the problem with the 'DC swamp'. Perhaps try Mix-Member-Proportional (MMP) voting system? How can the greatest country in the world be a total mess?
@@henryrudolph1952 there are other political parties, but the Republicans and Democrats work together to keep any of them from gaining ground. realistically the two parties only disagree on cosmetic BS, but watch how fast they join forces when there is a bill that funnels money to their donors.
henry Rudolph - because is WAS a crook, still IS a crook, never changed
you forgot the part where he took all his dads money and got a huge loan from money launderers!!!
Fake news
@@drewburton2552 where did his dads money go???
@@drewburton2552 reality!
People keep talking about this $1 million. What's important is to mention WHEN he got that money. It was worth significantly more then than now and that wasn't his only loan from his father. Another thing would be the inheritance when his father died worth more than all of those loans combined. It doesn't take much business prowess to succeed when you have the business blueprint, all of the front money, a standing name to brand in business and connections from your father. Other billionaire businessmen have said many times that he'd be worth 3-4x more if he had done nothing but reinvest dividends on what he already had to start with.
Computer Crazies I'm well aware. My family owns lots of residential real estate. There is a VERY big difference between walking into a bank and having liquid cash assets and trusts at your disposal.
he could have invested his inheritance in the stock market, done nothing afterwards and still have more money then he has now, but noooooo. He had to declare bankruptcy 4 times and screwed people out of money he was supposed to pay back. He payed people pennies on the dollar for the work they did for him.
Computer Crazies
5000 businesses!! And losing a few, that's going bit overboard. People file lawsuits all the time against trump. He has money 4 best lawyers, & is able to tie up stuff for years in court until people give up. When all else fails, he will settle so no convictions will show up.
Coulda shoulda woulda. You sit on your ass talking about how he coulda have invested his money better but you don't know shit about money. Bunch of losers probably don't even have 10k in your bank account telling a man how to invest his millions.
+Demetri Janaz I have over 15 thousand, thanks.
no mention of his failure to pay independent contractors who did work for him?
Only during the bankruptcies. He can and may still pay them. The bankruptcies, depending on which chapter method, mostly save the particular business from failing entirely and more people suffering irreversibly. The business files not the person. The businesses are entities on their own.
You haven't studied bankruptcy.
The problem is the people I know, and I know 3 contractors, one who had 10 workers besides himself, the other 2 were 3 man shops....all small. Kept being promised the payment as it was pushed back again and again, constantly told how good the job was, and a promise of bonus jobs etc...the first drained his bank account and mortgaged his home to keep his workers being paid. Suddenly, he was told, "I'll give you $xxx....which came out to about 10 cents on the dollar. Eventually, when he was far too broke to bring a long term law suit, he accepted about 20 cents on the dollar, the workers all lost their jobs, and he has been scrambling working 100 hours a week to keep his house. The business is gone. How many lives did Trump affect besides this one small guy and the others I listed by enriching himself while stiffing those who worked for him?
Wow! That sucks. The media seems to ignore those types of personal stories. Such a shame. Sorry to hear about your friends.
You think that you can just know the truth. Like a gypsy fortune teller. You are not a student of reality.
How much was his Russian Loan for and what payment method did Trump promise them he'd make?
And how many of Trump's condos were purchased by Russians to make sure he could pay back the loans.
He's paying the Russians back, with interest, out of U.S. taxpayers money. That's why the GOP is blocking stimulus money from the American people when they need it most. The funniest part is that his supporters all use the "socialism=bad" BS while worshipping a trust fund baby who has benefited from handouts his whole life. The FBI is looking into all this though...Deutsche Bank and Trump/Kushner activities. When one of these crooks goes down he'll take dozens of others with him. I guess his supporters will be able to say that he drained the swamp after all.
how much did hillary get paid. LOL or Biden. wait, he did his son got paid.
Jay Samson exactly. People are fucking dumbasses , never research both sides of the spectrum.
he sold his soul to the devil and Putin we get rid of this traitor forthe sake of America and the rest of the world
This reminds me of Back to the future II scene, where they were talking about Biff Tanner.
The show makers have stated that Biff from the future was based on Donald Trump (who was a well known personality at the time.)
I like this video, very unbiased and just said the truth about trump
The truth huh? It may have some truth, but it's very vague and leaves out a shit load of truths and the reality of his "successes" which pretty much always ended up as massive failures for his investors. That big win, the grand hyatt hotel he sold in 96, it was leveraged to the fullest extent possible and the only reason it was able sell it was because he unloaded it at 100 million dollars over the true appraisal value to the publicly traded company he had started with investor money he duped out of people thinking his name still had value and he was still a wealthy man. He shifted his own personal debts onto the investors in a fashion that would likely be considered criminal today. It was this scheme that started the utter destruction of his publicly traded company tanking the share value from a solid $35 per share to a next to worthless 17 cents per share. Knowing this would be the result of his scheme he almost instantly began his move to depart from this doomed company the day he screwed over every single investor, the day he finalized the sale of his massive liability, the leveraged hotel. He pocketed just over 56 million dollars on that deal even after the sale being $100 million above the true value of the property, but ended up costing his investors over a billion dollars and he was gone from the company by his own doing (he was fleeing the scene of the crime) in just shy of 6 months and already had the lawyers filing his 3rd bankruptcy protecting him from any financial blow back caused by his scum bag ass scheme.
This is not even close to the only shady ass shit thing he has done to screw those who invested in him. He has forced his creditors to sue him so many times that he can't even get a loan from any banks here in America any more. They know he's a dead beat who won't pay and who will force them to sue him costing them a lot more money and allowing him to once again simple file bankruptcy. His Washington D.C. hotel he bragged about so much during the latter part of his campaign was only able to be done because he was able to secure a $100 million loan from a foreign bank only after signing over his entire stake as collateral and agreeing to an unheard off, absolutely insane 14% interest rate!
This is the man who claimed he will be the best jobs president ever because he will run our government like he does his business! The only thing he has ever succeed at was owning property his father basically purchased for him because he was confident in the future of the investment. This is the man we elected to the highest office of the country!
I read all this in an article about the failed airline and the vodka. And the money borrowing. It's in a couple articles www.washingtonpost. com/news/wonk/wp/2015/09/03/ if-donald-trump-followed-this- really-basic-advice-hed-be-a- lot-richer/ and www.newsweek.com/2016/08/12/donald-trumps-business-failures-election-2016-486091.html . Anyone would take advantage if they could grow their money. This man is about branding himself which is good marketing but in reality not a great investor.
Question is do we need to like him?
Yes, I don't believe he will be good. I even read about he did focus in school. People at his University said he was more focus on get rich.
There weren't any good candidetes this election. More luck in 2020 with Kanye West
The video should have mentioned that his Grandfather ran a brothel not a hotel.
bongo155 waa waaa
Hey people stayed the night there....there just happened to be prostitutes staying with them lol
Jody Clar
Jody Clark that's even better.
Jody Clark - Trump's father, Fred, was arrested in the 1930's in Washington DC while marching in a Ku Klux Klan demonstration.
The video was funnier than being informative...You have such a good sense of humor in illustrating things...
Moral of the story,,, if your dad has a construction business, you too can make money hand over fist with government contracts.
{✅}
W. H. A. T. S. A. P. P,
+1, (385), 3, 5, 0, 0, 6, 8, 7,,,
So he went from $1 million to $4.5 billion (Forbes estimation) or $10 billion (His own estimation).
That seems pretty successful to me.
For the record, his own 'estimation' is complete bullshit, and also, *by the way, he got $40 million from inheritance.*. Additionally, it's interesting to note Bloomberg puts it at $2.9 billion, last I checked.
However, even more important than that is how people who actually have close ties to his assets put the net worth at $150 million to $250 million, and estimation that prompted Donald to trying, and failing, to sue Timothy O’Brien for libel. This article does a great job covering the topic:
www.washingtonpost.com/lifestyle/style/that-time-trump-sued-over-the-size-of-hiswallet/2016/03/08/785dee3e-e4c2-11e5-b0fd-073d5930a7b7_story.html
Even just $150 million seems pretty successful, right? Well, maybe... unless you consider that he dramatically under performed in comparison to the market. In fact, people have done the math and concluded that:
_"The simplest version of the comparison seems to be that if Trump had taken his $40 million inheritance from his father in 1974, converted it into cash, and invested it in the S&P 500, reinvesting all dividends and spending no money along the way, he'd have about $2.3 billion or so today, depending on how you do the math."_
www.bloomberg.com/view/articles/2015-09-03/should-donald-trump-have-indexed-
Who has the right numbers? Well, I'm inclined to go with the guys who actually have direct knowledge, and didn't expect to get sued for just casually stating what they thought to be just facts. Regardless, if we ever get $40 million, we'd now know how to be about as successful, or even more successful, than good ol' Donald.
Zedek There's a great ValueWalk article on him. He's a shitty businessman and investor. His return on capital is garbage. What matters is return on investment, not the total profits.
mrtensed He didn't start with a million really. He inherited a business and barely grew at all in return on capital.
Bryan Wheelock
Return on investment is a very good point.
Don't forget the going $8 billion in debt. And he also got the money by screwing investors and refusing to pay contractors.
Well, He is the top shark in real estate in the Entire US.
As a smart man once said: Failing a thousand times and winning once is better than not trying at all.
Top shark? Stop listening to Fox news and maga morons.
He actually inherited almost a half billion from his father's estate, not to mention riding on his father's coattails and connections all the way through, up until that time, which included being lawyered up the yingyang and lying his way out of trouble, up to this point.
you know you're libtarded
remember in the 70's when his dad kept having to pay off women that he sexually assaulted/raped? I remember his dad kept having to fork over 100MILLION here and 120MILLION there.
You egzageriz and spew shit.
@@ewellfaul7026 liar
I don't know from where y'all pull this shit out. Too much news for you my friend.
You can better have a President who knows and admits failure, instead of one claiming a great economy with just 4.7% unemployment rate.
Er... it doesn't really take a big man to admit *other people's* failures, especially when they're the opposition. If you want someone who can admit their own failures, Trump is definitely not the person you want. (Neither is Hillary, to be fair.)
Claiming his net worth is 10B while Forbes estimates it as 4.5B is not like admiting failures...
the trump organization is a private company. donald trump's personal net worth is private. donald trump probably has a better idea of what donald trump owns, and its value, than forbes does.
I think forbes estimation is more accurate. Trump has no idea what comes out of his mouth and I trust forbes has decent researchers.
LAUS art trump is a real estate developer. most of his assets are real estate. when you own a piece of real estate, you have the say of its value --- not forbes. unless donald trump put up everything he owns for sale and listed the prices, it's impossible for forbes to have an anywhere-near accurate account of the worth of donald trump. also, if forbes had decent researchers they wouldn't block people from coming to their site who are using adblock, because they'd know that most people would just bounce off the site. and that's exactly what's happening.
You're missing that Frederick's hotels were actually brothels lol
Back then most hotels were brothels.
Gabrielle C that's even better
Ragnarill if you have to say most then that would mean they were just Brothels if there were hotels that didn't sell the booty.
Computer Crazies You're getting so worked up over this, calm down. Lmfao
Computer Crazies I like your Minecraft parodies, they're hilarious
The chip of the old racist block and chiplet grandchildren lol
I was born and raised in NYC. This leaves a lot out.
Beyond “leaving things out” it actually perpetuates outright lies. Such as Donald “borrowing $1million” from daddy. Daddy *gave* him $413M via schemes many of which broke the tax laws.
Waiting for "The Real Story Behind Bill & Hillary's Wealth"slander vid!! I wont hold my breath
No please do. Then maybe you'd get off your lazy ass and do the work yourself, welfare boi.
Being a business man and entrepreneur is a good quality and takes tons of long hours and hard work. Its unfortunate that too many millionaires in Washington made all their money off the tax payers.
So True
What about all the Workers, building all these Real Estates, Casino Workers etc. How can Trump deserve this tremendous Wealth when in reality the vast majority of his employees are responsible for all of this money?
@@TheySchlendrian they are workers and have agreed to work for a wage. If they want to open a casino its a free country
@@danlucky9839 It is rather a coerced choice, They agreed to that wage because all the other Capitalists set up just as exploitative wage or even less, the ultimate power resides in the owner, doesn't sound like Freedom to me.
Ultimate power leads to ultimate corruption.
Nor can everyone just open a business themselves, because that requires Capital and even if you do have that it doesn't guarantee the possibility of being overtaken by vastly more wealthy competitors.
Trump had a ''small'' Loan of a Million Dollars, other People work their whole Life and do not even see a glimpse of that kind of Money.
Lots of Americans say to me Socialism and Democracy don't work together, the way i see is, that capitalism and democracy cant work together, because of that inherent power structure in companies and the way money can give you power over others.
Dear all i understand if the government has given tax payers money and the person used it to build things then he should have given jobs to many ppl.this is the way in capitalism to give money.ppl has to earn it.
But lazy ppl like socialism and COMMUNISm as they want free money.
Charitable trusts are best example that could work in capitalist arrangement. But giving away money by government for free is the biggest sin.as its repurcurssion is citizens soleley dependent on government help,lazy citizens.this is not a right thing to do.
But the failure of banks and other companies like freddie may, lee man brothers etc. Is ok untill it give away millions of dollars of incentives to presidents vice-president,executives rather than paying of employees who lost job or who deposited money or bought shares.this is unethical.
Socialism and communism will not work as it involves government to run enterprises.givernments role should be limited to governance,policy making law and order, finance policies, providing security to citizens and required infrastructure,foreign affairs,trade policies.not in running socialist or communists type Government.
China may have achieved much but you should not undermine how it did that.its on expense of freedom of people, their will,their suberversions, artificially created demand and other things.
I beleive health care ,railways, some imp. Banks, should be ran as public private partnership.this will ensure ppls basic help.
This video leaves out the Plaza Hotel which Trump acquired in 1988 and was featured in the film, "Home Alone 2".
The Plaza was a New York landmark hotel that Westin sold to Trump for $390 million - all leveraged through loans from banks like Wells Fargo and Citibank. At the time, the price was considered to have been above market. Trump pumped another $50 million into renovating the hotel and it went downhill from there, never generating enough revenue to cover the loan payments. To avoid foreclosure, a group of banks took 49% ownership and forgave $250 million in debt as part of a bankruptcy arrangement.
He got close to 500 millions from his father. That's a good start in life
Third Generation wealth, is actually quite an accomplishment. My grandfather (via adoption), came into HUGE money, enough to buy a circus, and a newspaper (billions). He went broke in months, because, while he had enough to buy both, he did not have enough left over to pay salaries (can we say idiot). My mom had some cousin money come back to her in the form of inheritances, but nothing more then 90,000 at a time, with the exception of once, enough money to buy a nice upper middle class home. She also blew it all, and has nothing to show for it, except a nice room in the assisted living. But she is broke.
This was great.
I'm anxiously awaiting a follow-up video, "The Real Story Behind Donald Trump's Low Self-Esteem, Personality Disorders and Mental Illness". I'll subscribe right now so that I'll see it when you publish it, thanks!
Thank you for this initial info .
Is there a sequel that discusses all the bankruptcies?
What I'll never understand is why Joe Middle Class will go to the wall for a guy who only cares about his business bottom line and nothing else.
IMPERIVM surely you jest. There are many news stories about how he is making money from this campaign, as much of the money raised is being used to enrich him and his family.
well, think about what the other option was. a (also) lying scumbag of a woman just there for her family name... its choosing between shit or pee....
Interesting to note, and he said this himself. His business interests while president are not a conflict of interest. In this time since the voting happened. He actually hasn't been fulfilling his duties, leaving them with Pence. In fact, his approach with foreign dignitaries also including him trying to expand his business with them. To add to this, he refused to have staff other than him, and his "blind trust leader" Ivanka in attendance of the meeting. To add to this, he also wishes to have two of his sons, which are part of his blind trust, given "the highest security clearance" perpetuating his intent that he is not relinquishing control of his money to his children, in fact, they will be part of the negotiations with foreign entities. This is, arguably, a conflict of interest that is listed within our constitution involving two separate parts, which imply that he is not to accept money from foreign states or persons of foreign government. This is an investment into his wealth. And a good reason not to accept the, rather menial, salary that the President would have, as he would have to list all his assets publicly as per federal law.
Actually, he has to attend these as he is responsible for the transition. Though true, he has not actually been elected yet. That doesn't happen till December 19th. There is also evidence that tampering happened in favor of Trump. He does not assume the power till January. This seriously is the time frame, where, like most new jobs, they tell you how the job is done, his training period. That's what this transition is about. Those are his duties, just like listening to the security meetings that involve the wellbeing of our nation. Does he have to listen to them. Nope. But he should actually listen, because he is daft, and needs as much info as he can to actually do his job. Besides that, I think you assumed allot. Read my statement again, you jumped to some conclusions. Also, I think it's fine to defect on a defective president. As a democracy, we the people, have the right to name, appoint, and even impeach our elected officials. Seriously, we vote for the people who vote for the president and for who would vote them off. Admit-ably, less populated states, have more power than larger states in this. I do not kid myself, just so you know. It's a history that we need to correct, not accept.
Jesse Bochek Lets see some examples that show that ALL he cares about is his business bottom line. Just would like to see one.
I loved these animations
ikr donald looked so cute
thats a bit too far
I know this is old but why not a disclaimer spelling out the errors and omissions?
No one can exact calculate his net worth. Only he knows and he will never tell what it is.
You can rest assure, his wealth is greater than your worth and and mine together X10 lol
@@nemesysxr0163 well you can rest assure too that I'm having a way happier life than he does. LOL
@@rafaelmolina123 I don’t think so, I’d prefer to be depressed and cry inside a Ferrari or a luxury yacht full of russian models
The NY indictment is about Donald overvaluing his assets to banks. Then when it comes to paying taxes he undervalues these same assets.
@@nemesysxr0163Little did you realize that just a couple of short years later, those tears are about to be cried in State Prison 😁😆🤣
When he says a got a "small loan" of a million dollars hes not really wrong, as someone like myself who started in trades HVAC and and plumbing and having moved on to owning a building company a million dollars isn't shit when building/renovating houses in upper class neighborhoods and that fact that he pocketed over 100 million investing 1 million dollars in a project is insane.
He got a whole lot more than that lmaoo Yall believe what trump says but his father gave him millions to help him The NY Times came out with an article abt it
This is awesome because it is the one video about Trump I've seen that just clearly states the facts.
Is this video going to get an update after the tax releases?
Money money money money he’s got no money 💰 🤣😂🤣 such a catchy tune too sing when he loses it all which he will 😂🤣😂🤣tick TOCK trump tick TOCK
Umm you are a fake. You supported trump until he lost the election.. tsss.. democrat wannabe
Daniel Hebert and your a dumbass cuz I don’t even live in the states and if I did I sure as hell would never have voted for trump 🤣😂🤣
@@tposeinify I didn't say you voted dummy I just said you support trump until now n just cause you support someone doesn't mean you live in the country and voted for them stupid m. I know people in NZ that had support for certain american politicians. Wow. you are stupid aren't you
@@tposeinify go cry that your Nazi role model didn't make it
Daniel Hebert awe you really aren’t that bright are you 🤣 to respond to someone with your lack of intelligence would be insanity on my part so peace out troll 🖕✌🏼
On February 20, 9161 President John F. Kennedy delivered his inaugural address in which he announced that "We shall pay any price, bear any burden, meet any hardship, support any friend, oppose any foe to assure the survival and success of liberty.”
I am prepared to bear any burden. It seems that all my life I have been preparing for this moment, to bear any burden for Liberty. I will not rest until I see My America grabbed from the hands of Fascism, and once again placed under the benevolent gaze of our sweet Democracy.
Democrats need a rallying point. “Gather ‘round the flag, People. Gather ‘round the flag.”
Haha this aged well. Especially the fact y'all put pedophile into power.😂
What software was used to create the video animations? Very well done. How long did it take to do just the video itself?
love the drawing
the animation is really neat good job
{✅}
W. H. A. T. S. A. P. P,
+1, (385), 3, 5, 0, 0, 6, 8, 7,,
Let's not forget the money he kept by not paying subcontractors who did work on his buildings and never got paid. Some were sent into bankruptcy because of him.
lestki [citation needed]
lestki Nice facts! To bad none of it is true.
Yeah bullshit. Obviously you're not going to find one that "won." If you look into it, they dropped the liens when Trump's attorneys settled out of court.
lestki remember when Hillary was in restate got in debt because she kept stealing money
Computer Crazies Bullshit most of his lawsuits were from 80's 90's and the building of A.C. Using other peoples money.
It's refreshing to see a good, informative and unbiased video about trump.
most videos are trying to push an agenda either for or against him.
I only clicked on this video to see the comments and, oh God
Ask the contractors & other employees who were never paid for their work. I’m sure they have certain thoughts on this matter.
mHmmMmMMmMm
Giving some proof, maybe??
@@chaussurefrancaise2693 Some proof? How about the well known time when trump didn't pay the person who set up his mic for a rally?
@@firstlast9731 Bahahahahaha that? Ok man, nice troll
@@chaussurefrancaise2693 Nice troll? You are just in denial
I Personally think he made it by taking advantage of weak tax and debt regulation.
You personally be wrong. Timeout, Grandpaw had 500K. Dad had 250 mil Trump has 10 billion (I believe Trump not Establishment Forbes and Clinton Supporter Bloomberg).
Clinton made 150 million being in politics. I believe your statment is more fitting for her.
kalinwang1 What I referring to is passive income and the amount of losses one can take. Back then you were allowed to take more losses than you actually invested in. Many rich people dumped massive amount of cash in bad companies to have carry forwards for future tax years.
Today you can only take losses to the amount your invested in and ONLY in passive activity. So if you quit an activity that you have losses in you have 5 years to carry that forward into a new activity or its gone forever.
What Donald trump did was exactly that. I can't blame him since it wasn't illegal at the times but it most definitely helps to write off some losses you actually didn't loss.
I'm not even sure how both of your comments are relevant to tax regulation but giving you a benefit of the doubt I explained what my original post meant. And personally, so just as long as money is in the bank not being used it really doesn't mean anything. It just shows that his companies pay little dividend if not nothing at all which proves his companies profit are held in retained earnings and not focused into grabbing the attention of current and potential investors. an addition, having money the bank is great but if its not active and just sitting there its just money sitting there and not growing and has not fight against inflation. "10 Billion" if that, I think its less, was just cash he slowly saved up to remain in the billionaires list. I believe a Billionaire is someone who continuously makes a Billion dollars either in a calendar year or a Fiscal year. I don't think he makes close to that.
As an investor we want to see how profits are this year compared to last year, did you meet your goal? exceed it or fall short? Is your company actually growing? are you paying dividends? Are benefits matching companies performance? Things you should ask not how much do you have in the bank? as a banker yes, as an investor no.
Josue rodriguez Trump is here for the people, not wallstreet. "Trump will close the loop holes. Remember he is not in anyones backpocket.
kalinwang1 Name one tax loop hole that hes trying to prevent? Btw this question is simple. Here's a hint: How to avoid certain tax rate?
Trump the game? LOL ID PLAY THAT
GamerOfCringe so far he's winning even though both parties & the MSM doing everything they can to bring him down. Just remember that you can't trust everything you see on TV.
GamerOfCringe find the game and I'll come play it lol. Make it a RUclips video
Looking at your avatar, only thing you do is playing alot with yourself.
He's playing us.
Yeah.
"You got caught grabbing a pussy. Move ahead 3 spaces"
But dad why are you moving forward? Shouldn't you be moving backwards?
Sweetie that's what it says. Your turn.
OK. "You said if Ivanka wasn't your daughter you'd probably be dating her, Move ahead 4 spaces" But dad this makes no sense. Why would you move ahead for that?
Darling I don't make the rules. My turn "You've encouraged the Russian government to interfere with the election and have gotten over 2 million votes less than your opponent move your token to the White House."
I'm done dad. I'm going to play monopoly.
Wait! But you haven't done anything while in the white house!
I'ts ok Ill just say I did and half of the players in the game will believe me.
Get your facts straight buddy. 1 million by the time he was 4 years maybe. Daddy gave him 100s of millions. Saved him from bad business deals time and time again
👍🏻Bing bing bing! Someone’s been reading!
This is like the Tannon family in the Back to the Future trilogy... where Trumps grandfather would be like "Mad-Dog Tannon" from part 3...
i'd like to acknowledge that the loan in chips was SUPER shady & almost illegal and you probably should've mentioned that lmfa
The video is supposed to be unbiased as to not create any controversy in the comments
Black science guy you saw at the mall today i mean... it wouldn't be biased to acknowledge that this was an illegal move. it's not biased to say "he did something illegal", its just fact. you can't discuss his success without discussing how many illegal loans he got, how he didn't pay his taxes, and how many illegals he hired lmao. it's not a true depiction of his success.
neon loser The vid only explains how he got rich, it doesn't really go in depth into his illegalities.
saying that he didnt pay his taxes would be biased, because theres no public evidence of that
Crownie yes there is omfg
This is missing alot of stuff....
Olivia Valdez Like the fact that his grandfather sold dead horse meat to unsuspecting Goldminers at that hotel/restaurant. Ironically now Trump has passed a law to make it legal to sell American wild mustangs to other countries for horse meat!
Olivia Valdez like what?
Olivia Valdez. Well you can't fit everything into a short video
AbeTube Why can we eat some animals but others are off limits? Differnt cultures, and people eat different things. Deal with it. Also his grandpa* not him
So what ?!
This guy must have lived a crazy life
How many trips to Ebstiens island do you think he made?
The other version of the story was that Fred Trump Sr kept Donnie afloat to the tune of $400M to cover for a string of business failures.
I dont see how hard can it be our life when dad keeps bailing you out with small loans.
You need help, but it's probably to late
Deano White I would say you need to go back to school but I think your brain damage would make that impossible.
Small loans?
@@davidramos9226 he's referring to Trump's quote that he got "a small loan of a million dollars" from his dad. I'm pretty sure Rebull doesn't consider it a small loan himself
Any good parent would
Missing a lot of lot of stuff. Left out how his first wife helped him so much it is business started.
Just A Watch false accusation
@@joker28diaz69 I don't think so...
@@Darth_Bateman how can someone rape their own wife
like come on if she didn't want it then why she married to him
@@GrowtopiahackersPro well son, it starts when she says 'no' one night and he insists anyways.
@@GrowtopiahackersPro "how would it be possible for anyone râpe their child - if you're the parent, you can do what you want"
7 years later , we learn the 1 million loan was 400 million loan.
You forgot to mention tax avoidance which goes into both categories
If you think you can get rich by making business without any mistakes, you'll have a hard time trying at.
i personally think that it is disgusting that a single person is actually allowed to own so much money when there are people left with literally nothing in the same country
Thats because YOU ARE UNINFORMED!!!! Do you think once a person ,who employees YOU ,makes a million,he should quit? You are short sighted and will always be an employee WITH THAT VICTIM ATTITIITUDE.....
Lol why are you crying about it so much?
You forgot one of his failures is almost starting WW3 with a part of Korea
@Batmangaming 0708 ?
Add "money laundering" charges to his casino.
He should have stuck to real estate instead of trying to branch out into everything.
Trolls The King would you let there be a market that was left unconquered by you after the success and failures you have done?
Jaython Elliott Good point
everything is alot of stuff... maybe you're right! do you know what bridge he lives under now?
Guy Name Ah see now.
Trolls The King one small problem with that. When you own a business, lead a country, or are in charge of anything there is only one way you can allow it to go. It must go up, you must find ways to improve, because if you don't, some other company or country that does go up, will eventually drown you out and force you to go down. There is no staying where you are. Either business improves, or it fails.