He’s one of the wealthiest people in the room right now. And he’s a businessman.
He founded a private equity firm called DBS Capital Partners, which now owns real estate firm Colony Capital. He also owns the largest private-equity firm in America — Citadel, which in 2014 was worth $5 billion, according to Bloomberg. And he founded another major private-equity firm, Warburg Pincus.
What are some of the things he owns?
DBS Capital has a $1.8 trillion market value.
Jeff Dunham with his partner Steve Schwarzman (center) and his son, Josh (right). Getty/Chris Kuchera
Let’s go to Trump.
How rich is Donald Trump?
Trump has a fortune of roughly $2.7 billion, according to Forbes. He also has business interests.
In June 2016, Forbes estimated Donald had a net worth of $4.4 billion.
What are his interests?
Since the 1980s, Donald has been involved in several various business ventures. It’s worth noting that many of the more recent ventures require a complex web of corporate entities and partnerships — and those entities require cash.
In the 1980s, he had a real estate holding company in New York. He also formed a joint venture with his father in 1982, when they ran Trump Ice in Queens at the same time. Trump Ice failed, and Trump started his own real-estate development company, Trump Hotels & Casino Resorts. This enterprise struggled, and Trump has had several business failures since.
In the 1990s, he invested in a Trump Entertainment Resorts deal that became Trump Shuttle, which he subsequently sold to the parent company. He also developed the Trump Plaza hotel-condominium in the 1990s. He launched his own casino, the Taj Mahal, in Atlantic City, which failed in 2001 while he was trying to build the Grand Hyatt hotel-casino.
The Trump Organization was not fully owned by Donald Trump throughout most of each of these ventures.
What has Trump won?
Trump has won a number of major casino and hotel deals. He won four in Atlantic City, including his share of the Taj Mahal, after the firm failed; he won a share of the Taj in Las Vegas after it failed; he was the owner of a partnership in the Grand Hyatt Hotel & Casino in 2013 and 2014; he won a stake in the Trump
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