Why Donald Trump Should Be The Next President
Donald Trump announced he’ll be running for president in 2016. Trump joins 11 other Republicans who have already announced their candidacy. Here are some facts about the latest presidential candidate: Donald Trump is the only presidential candidate with
Trump almost filed for bankruptcy in 1990, due to massive personal and business debts. A significant amount of debt was garnered from financing the Taj Mahal, one of Trump’s casinos acquired in 1988, through high-interest junk bonds. However, he ceded 50 percent ownership of the casino to the original bondholders, who lowered Trump’s interest rates and extended the loan so Trump had more time to pay off the debt. Today, Trump owns more than 100 companies and his net worth is approximately $4 billion.
Trump World Tower, a residential skyscraper in Manhattan, has 72 completed floors (but lists 90 stories in the elevator panel). Before 21st Century Tower in Dubai and Tower Place 3 in Seoul were built, Trump World Tower was the largest residential building in the world.
Trump was the original owner of New Jersey Generals of the United States Football League. Trump sold the franchise to J. Walter Duncan in 1983 so he would be free to complete various construction projects.
Trump is the only presidential candidate with his own board game, “Trump the Game.” The game was released in 1988 and requires players to invest in real estate properties, while simultaneously attempt to bankrupt competitors.