The controversial Donald Trump has earned some ire from some people especially from the Latino community when he made racist remarks about them. Nevertheless, the bank account of the executive producer and host of the NBC reality show "The Apprentice" may not have been affected at all.
According to Immortal News, the mighty wealthy Donald Trump's net worth has not increased much. His estimated net worth was in the ball park of $4 billion. That figure was not much though since if compared to Bill Gates in 1988, when their net worth were pretty near each other, Gates was able to gain roughly 7000 percent in that year, while Trump gained only a mere 300 percent. Although he has done impressively well since the publishing of "Art of the Deal," the stock market had fared much better as per The New York Times. If he had invested his money into an index fund that tracked the stock market and left it to rack up then he might have been "worth $13 billion today."
What were the sources of Donald Trump's wealth?
A little history lesson from The Richest also revealed that Trump's wealth came from television and real estate. In connection with that, when "The Apprentice" was launched in 2003, Donald was paid $50,000 every episode — that's $700,000 more or less for Season 1. The NBC reality show was about a batch of competitors who fought it out for a chance to land a job in the high-level management position in one of Donald Trump's commercial businesses. The catchphrase "You're fired," has even been filed for a trademark use in the following year.
In the wake of the success of the pilot season, he was reportedly given $3 million per episode which made him climb into the ranks of the highest paid personalities on TV.
Meanwhile, the probable 2016 presidential candidate's fortune has ranked him number 405 in the billionaire category this 2015. He owed it to his massive properties in New York such as Trump, Tower, 40 Wall Street and Miami's Doral golf resort. His ever growing brands include books, speaking engagements, "The Apprentice" appearances, menswear at Macy's and pageants such as the Miss Universe and the Miss USA, as per Forbes.
© 2017 Jobs & Hire All rights reserved. Do not reproduce without permission.
