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

By: Contributor(s): Material type: TextTextPublication details: New York : Penguin Press, 2024.Description: 519 p. : ill. ; 24 cmISBN:
  • 9780593298640 (hardcover)
Subject(s): Genre/Form: DDC classification:
  • 973.933092 23
Summary: "Soon after announcing his first campaign for the US presidency, Donald J. Trump [said] ... 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. Except: 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"-- Provided by publisher.
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Holdings
Item type Current library Collection Call number Status Date due Barcode Item holds
900 - 999           900 - 999 West Grey Durham Branch Shelves Non-fiction 973.933 TRU -B (Browse shelf(Opens below)) Available 33321003252468
Total holds: 0

Includes bibliographical references and index.

"Soon after announcing his first campaign for the US presidency, Donald J. Trump [said] ... 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. Except: 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"-- Provided by publisher.

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