He got 200 million inheritance which is besides the millions he 'borrowed' from his father, he blew up during a real estate boom, he got 'rich' screwing contractors and partners which is why no decent financial organization would even finance him. Hell, even his lawyers who he used to sue others had to sue him to get their fees. He had to run scams like that university and selling 'steaks' to get by and then of course the great marketing and branding, if someone had simply invested his money in ETFs, he would have been richer.
You are falling for hyperbole again.
Trump’s net worth has grown about 300% to an estimated $4 billion since 1987, according to a report by the Associated Press. But the real estate mogul would have made even more money if he had just invested in index funds. The AP says that, if Trump had invested in an index fund in 1988, his net worth would be as much as $13 billion.
The S&P 500 has grown 1,336% since 1988.
http://fortune.com/2015/08/20/donald-trump-index-funds/
So you are saying he blew the money his father gave him? It sounds to me like he then had to start again (from scratch?) and then ran it up into the billions.
Would it be fair to say Trump made mistakes early on, learned from them, and then became wildly successful?
What would his “return” be from when he started after his prior failure? How many jobs did he create along the way? Could the value of his contribution be considered more than his personal “return.”
If we judge the media the same way the media has judged Trump, should the media be disbanded because of prior mistakes, dishonesty, misinformation, bearing false witness, etc?
Should the Government replace the current “news” outlets with an official goverment information service?
The answer to Trump’s and the media’s “mistakes” should be the same: Keep pressure on them to do the right thing, but acknowledge they are both here to stay.
