DONALD J. TRUMP The Start-up Financing of What Became Real Estate Empire Charles Creek Entrepreneurial Finance Fall 2000 Donald Trump’s road to fortune began the old fashion way—he inherited it. Unlike the million dollar overnight IPO successes of innovative mega moguls entrepreneurs in the current dot com era, The Donald’s roots had been firmly planted both fiscally and by practice in Real Estate by the generations before him.. The patriarchy of the development …showed first 75 words of 1188 total…

…showed last 75 words of 1188 total…businesses with additional loans and postponed interest payments, mounting debt brought Trump to business bankruptcy and the brink of personal bankruptcy. Banks and bondholders lost hundreds of millions of dollars but opted to restructure his debt to avoid risking losing even more in a court fight. By 1994, Trump had eliminated a huge portion of his $900 million personal debt and reduced substantially his nearly $3.5 billion in ------------------------------------------------------------------------ **Bibliography** O'Donnell, John.Trumped.New York, NY:Simmon & Schuter.1988