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Celebrity That Lost A Fortune: Donald Trump

Midnight Man

By Midnight Man

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Donald Trump is an American businessman, investor, television personality and author. He is the chairman and president of The Trump Organization and the founder of Trump Entertainment Resorts. Being wealthy is what everyone knows him to be. However, most do not know that lately Donald’s corporations have been suffering financially and his corporations have filed for bankruptcy. Even the billionaire himself has filed for bankruptcy four times, in 1991, 1992, 2004, and 2009. “I've used the laws of this country to pare debt,” he has said. “We'll have the company. We'll throw it into a chapter. We'll negotiate with the banks. We'll make a fantastic deal. It’s like on The Apprentice. It's not personal. It's just business.

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