Quote:
Originally Posted by Paul Markham
Does Trump own all the Hotels 100%, or does he claim them as part of his wealth when they're mortgages or collateral against loans?
Property is great collateral for loans to expand a business. Buy one house and the profit becomes collateral for the next one. And so on until the portfolio is big, but like a bubble very fragile. Once the bubble bursts the portfolio is owned by the people who loaned the money.
So how many Hotels does Trump own 100% or even 10%?
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Everything is leveraged and he has max $150 -$250 million net worth, according to Mark Cuban who broke down the numbers. He needs $1 billion liquidity to run the presidential campaign self funded.