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May 6, 2020 11:03 pm at 11:03 pm
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Joseph: Ubiq: Donald Trump is far far wealthier than his father ever was. His inheritance, whatever it was, wouldn’t on its own magically grow hundred-fold, as it has.
Joseph, ubiquitin is right on this one. Had he simply put his inheritance in index funds and spent the intervening 25 years doing nothing, it would have automatically grown to more than he has now.
His major achievement has been to make himself famous for being wealthy, and then turn that fame into a source of wealth. Essentially he was a Kardashian before anyone ever heard of the Katdashians.