Little Known And Interesting Facts About Donald Trump

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Some Trump Companies Filed For Bankruptcy Four Different Times

Source: https://wikimedia.org

Trump Entertainment Resorts, the company which operated the hotel and casino properties in Atlantic City filed for bankruptcy during the years 1991, 1992, 2004, and 2009. Yet Trump still remains a billionaire and never filed personal bankruptcy. 1990 saw the New York developer hit a snag when his wealth collapsed from $1.7 billion to about $500 million. It was a rough global economic time and affected even the richest. Many believed the Trump Organization to go bankrupt. Yet by 1997, Trump’s fortune rose to $2 billion. You have to admit that is genius. It definitely is not blind luck.