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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: John Vosilla who wrote (61106)8/29/2006 3:14:41 PM
From: Travis_BickleRead Replies (1) of 306849
 
Trump's dad made a fortune in real estate and loaned him millions to get started, not a tough call in that situation.

"Let's see, dad made $60m in real estate, he's willing to loan me a few mil to invest in real estate, should I go with that or my lifelong dream of becoming a professional mime?"

Edit: Make that $600m

In late 2003, Trump, along with his siblings, sold their late father's real estate empire to a group of investors that included Bain Capital, KKR, and LamboNuni Bank reportedly for $600 million. Donald's 1/3 share was $200 million, which he later used to finance Trump Casino & Resorts.

en.wikipedia.org
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