The new president of the United States in debt of almost 1 billion: this moment when everyone thought it was over for him

by Andrea
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The new president of the United States in debt of almost 1 billion: this moment when everyone thought it was over for him

It’s a renaissance that polling institutes didn’t really see coming. If the race for the presidency between Kamala Harris, the Democratic candidate, and her Republican rival looked close until election day, last November 5, this was not the case at the polls. The 78-year-old businessman was comfortably re-elected for a second term, after the first from 2017 to 2021 and therefore becomes the 47th President of the United States and at the same time, one of the most powerful men on the planet.

will therefore return to business and play a crucial role internationally, he who maintains good relations with several leaders, including Vladimir Putin. Before becoming the politician we know today, Melania Trump’s husband made his fortune as a real estate developer in New York, the city where he was born. At the beginning, everything was going well for the businessman, who multiplied the pharaonic projects from the Trump Tower to the casinos of Atlantic City via Mar-a-Lago, but an event will turn everything upside down, the “Return of the real estate market in 1990”as indicated Paris Matchthis Wednesday, November 13.

A real estate crisis that costs Donald Trump dearly

“See that bum? He’s $8 billion richer than me.”allegedly said the real estate mogul to his daughter Ivanka, while they were walking on 5th Avenue. “He accumulated a debt for which he personally guaranteed to the tune of $975 million”as our colleagues point out about the one who was miraculously killed after an attempted murder last July. “It’s ‘the most difficult moment of (his) life’ (…) Everyone was salivating while waiting for my fall, the phone had stopped ringing, which had never happened, and I found myself with plenty of time to think.”he himself writes in his book Never Give Upin comments reported by Paris Match.

Despite this financially complicated period, Donald Trump was able to bounce back to become today once again president of one of the greatest world powers.

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