Trump Charges $1 Million an Hour

FilmStew.com ^ | Tuesday, January 25, 2005 | Lisa Johnson

[fight_truth_decay]

Donald Trump will sail into The Guinness Book of World Records with a rate of $16,000 per minute for lectures at The Learning Annex.

It's nice work if you can get it, and Donald Trump can get just about anything he wants these days. The billionaire business magnate has reached an agreement with the Learning Annex to present three classes in 2005 titled How to Succeed in Real Estate. Trump's fee will be a cool one million dollars for each one-hour class. That's over $16,000 a minute! He's scheduled to teach in three cities -- Los Angeles on May 1, New York on October 23 and Chicago on November 6.

Although speakers such as Sarah Jessica Parker, Tony Robbins, Deepak Chopra, Barbara Bush and even Henry Kissinger have lectured at the Learning Annex, Trump's fee sets a record. The previous highest fee paid was $28,000 -- paid to Ron Wood nearly 20 years ago when he was a member of the Rolling Stones.

According to Learning Annex President and founder Bill Zanker, Trump's TV show The Apprentice has made him the world's biggest celebrity, and there is now far more interest in his classes than anyone would have possibly imagined. "The last time he taught for us over 20,000 students came -- and this year he's even bigger. I know that a million dollars an hour will get him into The Guinness Book of World Records -- but he's worth it!"

In each city Trump will be the featured speaker at the Learning Annex Real Estate Wealth Expo, which will include many other real estate experts as well. The Learning Annex Real Estate Wealth Expo is a two-day weekend event where consumers learn about the latest real estate opportunities and how to create wealth for themselves. They are given the opportunity to do business with hundreds of exhibitors on the show floor and learn from the best in the business.

[fight_truth_decay]

U.S. Supreme Court Justice Clarence Thomas,
serving as the grand marshal of the Daytona 500,
speaks to Donald Trump and an unidentified woman
on the starting grid at the Daytona International Speedway
(Photo: Tony Ranze / Reuters)

"Let people invest their own retirement funds. The solution to the Great Social Security crisis couldn’t be more obvious: Allow every American to dedicate some portion of their payroll taxes to a personal Social Security account that they could own and invest in stocks and bonds. Federal guidelines would make sure that your money is diversified, that it is invested in sound mutual funds or bond funds, and not in emu ranches. The national savings rate would soar and billions of dollars would be cycled from savings, to productive assets, to retirement money. And unlike the previous system, the assets in this retirement account could be left to one’s heirs, used to start a business, or anything else one desires. Privatization would be good for all of us. Directing Social Security funds into personal accounts invested in real assets would swell national savings, pumping hundreds of billions of dollars into jobs and the economy. These investments would boost national investment, productivity, wages, and future economic growth."

Source: The America We Deserve, by Donald Trump, p.198-199 & 203 Jul 2, 2000

[Clemenza]

Donald Trump: A man who lucked out by having a daddy leave him his real estate empire and who has been able to become "wealthy" by talking every sap who ever sat on a Credit Committee to give him money.

Donald Trump is a master salesman. He's merely Ron Popeil with a comb-over rather than a toupee.

[KellyAdmirer]

Trump's recipe for success in real estate: overpay for prime properties, then borrow so much that the banks don't dare foreclose on you. When the going gets really tough, declare selective bankruptcies to get rid of some pesky creditors. Along the way, sell some junk bonds here and there to gullible people buying the Trump name rather than worthwhile assets.

[Prince Caspian]

He's merely Ron Popeil with a comb-over rather than a toupee.

It's not a toupee OR a comb-over. His hairline is actually quite low. Apparently, it's just bad taste in hairstyles. Go figure.

[cyborg]

You are correct. How is he truly wealthy when he goes into bankruptcy every few years?

[ClintonBeGone]

Donald Trump: A man who lucked out by having a daddy leave him his real estate empire and who has been able to become "wealthy" by talking every sap who ever sat on a Credit Committee to give him money.

This is a statement I would expect to hear from one of life's biggest losers. There's no doubt, and it's very sad that there are a lot of peons in this world with this outlook on life.

[Sonny M]

Donald Trump: A man who lucked out by having a daddy leave him his real estate empire and who has been able to become "wealthy" by talking every sap who ever sat on a Credit Committee to give him money.

Donald Trump is a master salesman. He's merely Ron Popeil with a comb-over rather than a toupee.

His father (Fred) didn't exactley leave him with an empire, in fact Fred was alive up untill recently (whats it been, a year, 2?).

He gave Trump, a good deal of money, and taught him well, and Trump, simply talked himself up into higher places, through some shrewd practises and excellent timing, which he has never been able to duplicate again.

Ron Popeil, he ain't. Popeil actually tries to invent things, or create stuff, he's a slick selling inventor (with only a couple of decent products), but never the less, he's self made, and creates.

[ClintonBeGone]

You are correct. How is he truly wealthy when he goes into bankruptcy every few years?

I would wager a hefty sum that he's got more cash than you and you've probably never used the bankruptcy laws. Go figure.

[freedom44]

I agree. Trump deserves everything he's got. He's a true capitalist and a great American.

[1L]

>>present three classes in 2005 titled How to Succeed in Real Estate<<

1. Have a Daddy with a LOT of money that you can play around with.

2. Spend it bankrolling politicians who you can then have in your pocket.

There's the class. Save your money.

[cyborg]

I met Ron Popeil once. He's very personable and outgoing. I imagine Trump to be so as well. It was certainly nice of him to pay off a good samaritan's mortgage.

[ClintonBeGone]

Ron Popeil, he ain't. Popeil actually tries to invent things, or create stuff, he's a slick selling inventor (with only a couple of decent products), but never the less, he's self made, and creates.

It sounds like we both share some respect and admiration for Popeil. If the founder of Ebay can become a billionaire, there's nothing wrong with Ronco selling chicken cookers.

[Larry Lucido]

Exactly. I wonder how much of other people's money he has lost?

[cyborg]

You don't have to be snotty. I don't consider someone who is an OPM billionaire who goes into backruptcy every few years to be a model businessman. Sorry if you disagree.

[Larry Lucido]

"How to make a million in real estate."

1. Start with two million.

[ClintonBeGone]

I agree. Trump deserves everything he's got. He's a true capitalist and a great American.

You know, even the liberals who have made their money building empires I have a lot of respect for. Frank Lautenburg, comes to mind, along with Herb Kohl, the InfoUSA guy. It baffles me how they can spout liberal crap, but even if misguided people like that can make it in this world, so can any of the people on this thread.

[Sonny M]

He's very personable and outgoing. I imagine Trump to be so as well. It was certainly nice of him to pay off a good samaritan's mortgage.

I met Trump, he's a hypochondriac, and has some "quirks".

He was nice to me, but I can't say he seems like the most personable guy. I don't know about him paying off somone mortgage, I do know, that while he's smart, he's got an attitude and an ego that gets the best of him to often.

[Sonny M]

I like his pasta maker and pocket fisherman.

[cyborg]

I like to watch The Apprentice but I don't know if I would enjoy working for him necessarily. I look at how he picks women for wives and that's just odd to me.

[ClintonBeGone]

You don't have to be snotty. I don't consider someone who is an OPM billionaire who goes into backruptcy every few years to be a model businessman. Sorry if you disagree.

Sorry if I came across snotty. I just hate when people whine and have to try and tear down american success stories. Bankrupcy laws have been a part of this country's economic prosperty since it's founding. In fact, I believe some form of it is even mentioned in the constitution. Why are you so sour about success?