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Lucky loser : how Donald Trump squandered his father's fortune and created the illusion of success / Russ Buettner and Susanne Craig.

Van Pelt Library E913.3 .B84 2024
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Lippincott Library - Business Trends E913.3 .B84 2024
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Format:
Book
Author/Creator:
Buettner, Russ, author.
Craig, Susanne, author.
Language:
English
Subjects (All):
United States--Politics and government--2017-2021.
United States.
Trump, Donald, 1946---Finance, Personal.
Trump, Donald.
Trump, Donald, 1946---Family.
Trump, Donald, 1946---Friends and associates.
Trump family.
Trump Organization (New York, N.Y.)--Corrupt practices.
Trump Organization (New York, N.Y.).
Presidents--United States--Biography.
Presidents.
Presidents--Professional ethics--United States.
Businesspeople--United States--Biography.
Businesspeople.
Fathers and sons--United States--Biography.
Fathers and sons.
Wealth--United States.
Wealth.
Corporations--Corrupt practices--United States.
Corporations.
Genre:
Biographies.
Physical Description:
519 pages, 8 unnumbered pages of plates : illustrations (some color), 24 cm
Other Title:
How Donald Trump squandered his father's fortune and created the illusion of success
Place of Publication:
New York : Penguin Press, 2024
Summary:
"Soon after announcing his first campaign for the US presidency, Donald J. Trump told a national television audience that life 'has not been easy for me. It has not been easy for me.' Building on a narrative he had been telling for decades, he spun a hardscrabble fable of how he parlayed a small loan from his father into a multi-billion-dollar business and real estate empire. This feat, he argued, made him singularly qualified to lead the country. None of it was true. Born to a rich father who made him the beneficiary of his own highly lucrative investments, Trump received the equivalent of more than $500 million today via means that required no business expertise whatsoever. Drawing on over twenty years' worth of Trump's confidential tax information, including the tax returns he tried to conceal, alongside business records and interviews with Trump insiders, New York Times investigative reporters Russ Buettner and Susanne Craig track Trump's financial rise and fall, and rise and fall again. For decades, he squanders his fortunes on money losing businesses, only to be saved yet again by financial serendipity. He tacks his name above the door of every building, while taking out huge loans he'll never repay. He obsesses over appearances, while ignoring threats to the bottom line and mounting costly lawsuits against city officials. He tarnishes the value of his name by allowing anyone with a big enough check to use it, and cheats the television producer who not only rescues him from bankruptcy but casts him as a business savant--the public image that will carry him to the White House. A masterpiece of narrative reporting, Lucky Loser is a meticulous, nearly-century spanning narrative, filled with scoops from Trump Tower, Mar-a-Lago, Atlantic City, and the set of The Apprentice. At a moment when Trump's tether to success and power is more precarious than ever, here for the first time is the definitive true accounting of Trump and his money--what he had, what he lost, and what he has left --and the final word on the myth of Trump, the self-made billionaire"-- Dust jacket flap.
"From the Pulitzer Prize-winning reporters behind the 2018 bombshell New York Times exposé of then-President Trump's finances, an explosive investigation into the history of Donald Trump's wealth, revealing how one of the country's biggest business failures lied his way into the White House"-- Provided by publisher.
Contents:
Introduction
Part I: The father. A natural virgin market
The American way of life
They just went wild
In his father's sights
Toy soldier academy
March the line
It's all over now
All show
Part II: The son. By no means standing still
Shadowboxing
Whatever the Trumps want
Everything he touches
The latest jewel
Mr. Baron's tower
So much hoopla
Part III: The everything man. Almost rational
Risk and reward
All of life is a stage
Entertainer-impresario
Campaign of truth
White elephants
Wildest expectations
No intention to ask
The spy next door
Always there for me
Part IV: Dramality. The producer
"I used my brain"
The talent
The danger of overcommercialization
Better than real estate
Don't do this for the money
Epilogue
Acknowledgments
Notes
Index.
Notes:
Includes bibliographical references (pages 457-500) and index.
ISBN:
0593298640
9780593298640
OCLC:
1423685554
Publisher Number:
90100272777

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