Until the election, we’re bringing you “The Trump Files,” a daily dose of telling episodes, strange but true stories, or curious scenes from the life of GOP nominee Donald Trump.
There’s seemingly nothing more important to Donald Trump than his net worth. The tycoon’s image is based on having over-the-top wealth, so he often pads his net worth by as much as billions of dollars—and sued a journalist who caught him in the act.
In fact, Trump has been doing this ever since he first started appearing in the press as a fledgling developer. His front-page debut came in 1973, thanks to a landmark housing discrimination suit the Justice Department filed against Trump and his father for trying to bar black applicants from their buildings and offering black renters worse terms. (The Trumps settled, agreeing to take steps to combat discrimination in exchange for not having to admit any wrongdoing.) Three years later, the New York Times made him the subject of a gushing profile that sexed up the 30-year-old developer—”he looks ever so much like Robert Redford”—and parroted his claim that he was worth “more than $200 million.”
As Washington Post reporters Michael Kranish and Marc Fisher charitably put it in their new book, Trump Revealed, the source of that figure was “unclear.” The New Jersey Division of Gaming Enforcement, which later investigated Trump when he sought a casino license, found that Trump’s income in 1976 was a grand total of “$24,594, in addition to some payments from family trusts and other assets,” as Kranish and Fisher wrote. A year earlier, while Trump was trying to buy the Commodore Hotel from the bankrupt Penn Central railroad, “Penn Central negotiators had estimated the Trump family holdings at about $25 million, all of it under [his father]Fred’s control,” Kranish and Fisher wrote.
Trump did finally make it to the big time in 1982, when he was featured in Forbes‘ list of the 400 richest Americans. Forbes‘ estimate of his worth? $100 million.
Read the rest of “The Trump Files”:
- Trump Files #1: The Time Andrew Dice Clay Thanked Donald for the Hookers
- Trump Files #2: When Donald Tried to Stop Charlie Sheen’s Marriage to Brooke Mueller
- Trump Files #3: The Brief Life of the “Trump Chateau for the Indigent”
- Trump Files #4: Donald Thinks Asbestos Fears Are a Mob Conspiracy
- Trump Files #5: Donald’s Nuclear Negotiating Fantasy
- Trump Files #6: Donald Wants a Powerball for Spies
- Trump Files #7: Donald Gets An Allowance
- Trump Files #8: The Time He Went Bananas on a Water Cooler
- Trump Files #9: The Great Geico Boycott
- Trump Files #10: Donald Trump, Tax-Hike Crusader
- Trump Files #11: Watch Donald Trump Say He Would Have Done Better as a Black Man
- Trump Files #12: Donald Can’t Multiply 17 and 6
- Trump Files #13: Watch Donald Sing the “Green Acres” Theme Song in Overalls
- Trump Files #14: The Time Donald Trump Pulled Over His Limo to Stop a Beating
- Trump Files #15: When Donald Wanted to Help the Clintons Buy Their House
- Trump Files #16: He Once Forced a Small Business to Pay Him Royalties for Using the Word “Trump”
- Trump Files #17: He Dumped Wine on an “Unattractive Reporter”
- Trump Files #18: Behold the Hideous Statue He Wanted to Erect In Manhattan
- Trump Files #19: When Donald Was “Principal for a Day” and Confronted by a Fifth-Grader
- Trump Files #20: In 2012, Trump Begged GOP Presidential Candidates to Be Civil
- Trump Files #21: When Donald Couldn’t Tell the Difference Between Gorbachev and an Impersonator
- Trump Files #22: His Football Team Treated Its Cheerleaders “Like Hookers”
- Trump Files #23: The Trump Files: Donald Tried to Shut Down a Bike Race Named “Rump”
- Trump Files #24: When Donald Called Out Pat Buchanan for Bigotry
- Trump Files #25: Donald’s Most Ridiculous Appearance on Howard Stern’s Show
- Trump Files #26: How Donald Tricked New York Into Giving Him His First Huge Deal
- Trump Files #27: Donald Told Congress the Reagan Tax Cuts Were Terrible
- Trump Files #28: When Donald Destroyed Historic Art to Build Trump Tower
- Trump Files #29: Donald Wanted to Build an Insane Castle on Madison Avenue
- Trump Files #30: Donald’s Near-Death Experience (That He Invented)
- Trump Files #31: When Donald Struck Oil on the Upper West Side
- Trump Files #32: When Donald Massacred Trees in the Trump Tower Lobby
- Trump Files #33: When Donald Demanded Other People Pay for His Overpriced Quarterback
- Trump Files #34: The Time Donald Sued Someone Who Made Fun of Him for $500 Million
- Trump Files #35: Donald Tried to Make His Ghostwriter Pay for His Book Party
- Trump Files #36: Watch Donald Shave a Man’s Head on Television
- Trump Files #37: How Donald Helped Make It Harder to Get Football Tickets
- Trump Files #38: Donald Was Curious About His Baby Daughter’s Breasts
- Trump Files #39: When Democrats Courted Donald
- Trump Files #40: Watch the Trump Vodka Ad Designed for a Russian Audience
- Trump Files #41: Donald’s Cologne Smelled of Jamba Juice and Strip Clubs
- Trump Files #42: Donald Sued Other People Named Trump for Using Their Own Name
- Trump Files #43: Donald Thinks Asbestos Would Have Saved the Twin Towers
- Trump Files #44: Why Donald Threw a Fit Over His “Trump Tree” in Central Park
- Trump Files #45: Watch Trump Endorse Slim Shady for President
- Trump Files #46: The Easiest 13 Cents He Ever Made
- Trump Files #47: The Time Donald Burned a Widow’s Mortgage
- Trump Files #48: Donald’s Recurring Sex Dreams
- Trump Files #49: Trump’s Epic Insult Fight With Ed Koch
- Trump Files #50: Donald Has Some Advice for Citizen Kane
- Trump Files #51: Donald Once Turned Down a Million-Dollar Bet on “Trump: The Game”
- Trump Files #52: When Donald Tried to Shake Down Mike Tyson for $2 Million
- Trump Files #53: Donald and Melania’s Creepy, Sex-Filled Interview With Howard Stern
- Trump Files #54: Donald’s Mega-Yacht Wasn’t Big Enough For Him
- Trump Files #55: When Donald Got in a Fight With Martha Stewart
- Trump Files #56: Donald Reenacts an Iconic Scene From Top Gun
- Trump Files #57: How Donald Tried to Hide His Legal Troubles to Get His Casino Approved
- Trump Files #58: Donald’s Wall Street Tower Is Filled With Crooks
- Trump Files #59: When Donald Took Revenge by Cutting Off Health Coverage for a Sick Infant
- Trump Files #60: Donald Couldn’t Name Any of His “Handpicked” Trump U Professors
- Trump Files #61: Watch a Clip of the Awful TV Show Trump Wanted to Make About Himself
- Trump Files #62: Donald Perfectly Explains Why He Doesn’t Have a Presidential Temperament
- Trump Files #63: Donald’s Petty Revenge on Connie Chung
- Trump Files #64: Why Donald Called His 4-Year-Old Son a “Loser”
- Trump Files #65: The Time Donald Called Some of His Golf Club Members “Spoiled Rich Jewish Guys”
- Trump Files #66: “Always Be Around Unsuccessful People,” Donald Recommends
- Trump Files #67: Donald Said His Life Was “Shit.” Here’s Why.
- Trump Files #68: Donald Filmed a Music Video. It Didn’t Go Well.
- Trump Files #69: Donald Claimed “More Indian Blood” Than the Native Americans Competing With His Casinos
Obviously inflated. The man is worthless.