Oh, now it's $75 million?
$50 million inherited in 1999 (I believe it was 1/4 of a $200 million estate ), adjusting for inflation, is $75 million today.
But I digress...what would his father do? NOT leave his estate to his children?
There are literally millions of people who inherit large fortunes...very few have done what Trump has.
Dog face Clinton will inherit a much greater estate than Trump...what will she do with it?
I'm just deflating your statement that "you can't bull**** your way into the kind of life".
You can when you inherit $75 million.
Starting life with $75 million ( in today's dollars ) makes life a lot easier to make lots of money. Some have argued that if he had just
parked the money in dow, he'd be worth more today than all of his investments.
I'm not knocking inheritance, I'm debunking your implication that he's some kind of financial genius. one thing he is not, is a leader and a good businessman. He's a good RE shop operator, RE wheeler dealer, but the 6 of the businesses he was involved with, went bankrupt. I will grant you that he's a talented self-promoter, and that's something different than being a good businessman.
If you start with millions, it doesn't take brains to buy a lot of buildings, wait for them to appreciate, and sell them. He's not that wise as a "businessman", he had to rely on Russian Oligarch money for much of his financing, as banks would no longer touch him. Why wont the banks touch him? he made bad investments, too many bankruptcies, he's a difficult person to deal with. They just didn't like him.
5 major law firms in Washington that specialize in legal troubles for major politicians, REFUSED the president of the united states, something that, with a normal president ( meaning anyone but Trump ) they would have been honored to represent. Imagine: A law firm refusing the business of POTUS. That's simply astonishing.
Why?
1. he doesn't listen.
2. He doesn't pay.
That's what they said, according to reports.
That's not the trait of a leader or a good businessman.
the odds are that Trump will be a colossal failure. Oh, he might defy the odds, but I wouldn't bet on it, for the Peter principle, i.e., a man rises to the level of his own incompetence. That's not always true, but I think it is in Trump's case.
Now that he is president, he's causing himself and his family and many of his associates all sorts of legal problems that would have probably gone unnoticed had he not run for president. I assert, therefore, he's not a wise man, given that a person with his personality and temperament should not be president.