Did Donald Trump inherit a lot of money and then increase his net worth at an unremarkable rate?

Donald J. Trump inherited $40,000,000 to $200,000,000 ($40 to $200 mil) in 1999 when his Dad Fred died. According to Forbes, in 1999, Donald was worth $1,600,000,000 ($1.6 bil). Donald already had $200,000 ($200K) after college. That said, $40,000,000 ($40 mil) doesn’t just become $10,000,000,000 ($10 bil) without incredible business acumen. His daughter, Ivanka Trump, wrote a book called ‘The Trump Card,’ talking about how we are all born with advantages and disadvantages, but it’s how we use our gifts that matter. I’m inclined to agree. Many people inherit all kinds of talents, gifts and $$$. Not everyone turns it into things that change the World. Like the Donald or hate him, he is a good business guy.

Donald’s current (2016) net worth is between $4,000,000,000 and $10,000,000,000 ($4 to $10 bil.)

 

Answer by Mike Kalis:

There are many reports about how much Donald Trump inherited but it is estimated in the $40 to $200 million range.  That is a huge sum, even on the light side.  That said, $40 million doesn’t just become $10 billion without incredible business acumen.  His daughter wrote a book called “Playing the Trump Card” and it talks about how we are all born with advantages and disadvantages but it’s how we use our gifts that matter.  I’m inclined to agree.  Many people inherit all kinds of talents, gifts and money.  Not everyone turns it into things that change the world.  Like the Donald or hate him, he is a good business guy.

Did Donald Trump inherit a lot of money and then increase his net worth at an unremarkable rate?

About akiramorikawa

superconnection . pattern-recognition . iDesign
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