Forbes | This Is How Donald Trump Lost Millions On His D.C. Hotel—Years After He Sold It @Forbes | Uploaded 1 month ago | Updated 19 hours ago
In what seemed like a stroke of genius–or incredible luck–Donald Trump sold his money-losing D.C. hotel in 2022 and ended up with a handsome $127 million payday. But what few knew is that in order for that deal to happen, Trump had to step in with a loan. So when the lease’s new owner got into trouble financially, he took a hit too. Forbes staff writer Zach Everson joins "Forbes Talks" to discuss.
Read the full story on Forbes: forbes.com/sites/zacheverson/2024/09/10/donald-trump-hotel-washington-dc-lost-millions-waldorf-astoria-hilton
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In what seemed like a stroke of genius–or incredible luck–Donald Trump sold his money-losing D.C. hotel in 2022 and ended up with a handsome $127 million payday. But what few knew is that in order for that deal to happen, Trump had to step in with a loan. So when the lease’s new owner got into trouble financially, he took a hit too. Forbes staff writer Zach Everson joins "Forbes Talks" to discuss.
Read the full story on Forbes: forbes.com/sites/zacheverson/2024/09/10/donald-trump-hotel-washington-dc-lost-millions-waldorf-astoria-hilton
Subscribe to FORBES: youtube.com/user/Forbes?sub_confirmation=1
Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:
account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript
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More From Forbes: http://forbes.com
Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
