Donald Trump inherited 40 million (which at historic prices would today be worth several billion.)His actual net worth, which depends "on how I feel," may not be much more, but he has perfected a business model which combines modern immigrant slavery with the avoidance of taxes, building or rather managing and branding a 6 billion golf course/ residential for the very very rich.
This is a scheme (under construction since 2014) build luxury homes which will sell for tens of millions, using slave immigrant labor, who live in squalor; this is another huge project, like the 5 failed casinos, where the name of Trump, the management was Trump, but the money invested was someone else's: this is a no risk way of making money, shifting risks and liabilities to others.
It's piracy, or wealth extraction in the crudest terms. This is the world that Trump has mastered:
slave labor
external investors
no or low taxes (0 in UAE, 10% in Dubai
market cheap crap for top dollar to gullible US consumers, the rich and wannabes.
Public relations (commercial propaganda): marketing/branding.
Ivanka, Melania, and the Donald all play this shell game using people who make $20 a day or less (sometimes less than $10) for labor in nations with low tax rates and sending high end items to US already with profits squeezed out in tax havens like UAE. This model, which Trump has mastered (OPM/no risk/ buy (human labor:buy low/sell products high (through commercial propaganda).
This is globalization, billionaires luring desperate people, unable to leave (passports taken), living 20 to a room, making R$230 a month, while having to pay rent, food, and debt for transit based on the promise of making $3.00 and hour instead of the 1.50. they get.
I will present the evidence of this inhumane exploitation is excused by Trump with: I don't do the hiring. I tell my subcontractors to obey the law. I will show that Trump is a pirate who creates nothing but arranges for others to finance and build, while he lends his vaunted name....Trump. And makes out like a bandit and if it fails, it's not his money so he slithers away with the last laugh. Like all psychopaths, he MUST win, and sees every situation, including his dealings with investors, as a contest with a winner and loser, aka The Art of the Deal.
Here is the schema of how Trump makes money:
1.Set up deals using Trump name and "management" using other people's money.
2. Choose a nation with fantastic wealth to sell luxury residences in a private world of golf course, facilities, etc and low or no taxes and structure deal so all your profits are taxed in that country (in UAE where the Trump Golf/Residence process is underway, the taxes in Dubai are 10%.
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