General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums1978 Fred Trump Gave His son Donald...
A Million bucks....
So to better understand what that million bucks would mean today?
Close to 4 million...
Well 4 Million would be a good start for someone starting a business today.
You Think?
http://www.dollartimes.com/inflation/inflation.php?amount=1000000&year=1960
napkinz
(17,199 posts)dubyadiprecession
(5,706 posts)bluesbassman
(19,370 posts)Including buying $3.5m in chips at the Trump Taj Mahal casino so that he could meet capital requirements. Trump would be lucky to be selling vacuum cleaners door to door in New Jersey if it wasn't for his daddy's help.
DefenseLawyer
(11,101 posts)And was handed control of his company. Good work if you can get it.
busterbrown
(8,515 posts)down in the mail room.
Hortensis
(58,785 posts)and I think it was Robert Reich pointed out that if he'd simply invested it in index funds back then and gone off to play he'd be something like three times more wealthy now, assuming he really has $4B.