Tuesday, September 29, 2020

The con man who conned the con man.


 

Trump was probably duped in his first meeting with the man who made him president

 

    After recovering from a series of financial setbacks in the early 1990s, New York real-estate developer Donald Trump changed his business strategy from borrowing to build and purchase assets, to licensing his name to others. In 2004 Producer Mark Burnett approached Trump about a new television show. Although Trump was skeptical, stating that reality television "was for the bottom-feeders of society", Burnett proposed that Trump appear as himself, a successful businessman with a luxurious lifestyle.

     Trump had an arrangement with The Apprentice producer Mark Burnett, where they would split profits from product placements on the show but when ratings started to drop in 2011, Trump's Apprentice money also began drying up — he went from making $51 million that year to $21 million in 2014, and received less than $3 million in 2018. During the early 2010s, the Times says, Trump began selling millions in stocks and bonds and borrowed $100 million against his equity in Manhattan's Trump Tower.

   Over 16 years, Trump earned about $197 million directly from The Apprentice, and $230 million from licensing and endorsement deals linked to the show, with his face selling everything from Double Stuf Oreos to Serta mattresses to All laundry detergent.
   
   https://networthpost.org/mark-burnett-net-worth/
   https://en.wikipedia.org/wiki/The_Apprentice_(American_TV_series)
   https://en.wikipedia.org/wiki/Mark_Burnett

   
   In October 1982, Burnett emigrated to the United States, where his friend Nick Hill, who had emigrated from the UK earlier, was working as a nanny and chauffeur. Hill knew of an open position for a live-in nanny with the Jaeger family in affluent Beverly Hills. Despite having no experience as a nanny, Burnett went on the interview. The Jaegers, realizing the advantage of having a nanny and security at the same time, hired him. After a year of working for the Jaegers, he moved on to another family in Malibu, California, taking care of two boys for $250 a week. He was eventually given a position in the insurance office owned by Burt, the father of the two boys. Two years later, Burnett rented a portion of a fence at Venice Beach in Los Angeles, and sold T-shirts for $18 each during weekends. Realizing he made more money selling T-shirts, he left his insurance job.

Burnett coached and groomed Donald Trump to play the part of himself, a successful businessman with a luxurious lifestyle. Mark Burnett created the Donald J. Trump we know today.

 


Trump was probably duped in his first meeting with the man who made him president

 Read how he did it:

https://qz.com/1509496/donald-trump-was-probably-duped-in-his-first-meeting-with-mark-burnett/