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Trump started his business with a "small" $1 million loan. Wanna know how much that would be today?
http://www.usinflationcalculator.com/$1 million in 1968-money is $6.9 million in 2016-money.
And housing-prices increased by a factor of 8.5, including inflation, which means they have risen faster than the inflation:
That means that Trump's small loan of $1 million in 1968-money is actually worth a few million more than $6.9 million in 2016-money, because he started out in the real estate-business where prices were lower. Let's round it up to $8 million.
Have you ever heard people complaining how they have to start a business with a paltry $8 million?
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