Trading One One’s Panache...Trump
Shows It’s The Way To Riches
According to Forbes magazine’s annual issue of the 400
richest people in the world, Donald Trump’s largest holdings are in
the form of his real estate brand-licensing business.
The mogul essentially works in one of two ways: he either
acquires part ownership of real estate by bartering the use of his
name on the building, or he will receive a percentage of the condo
sales for the use of his name.
(According to Forbes, Trump gets 8% to 15% of other
developers’ gross condo sales. He normally puts up no money and
usually gets upfront payments of several million dollars. At the
moment there are three dozen such franchised condo buildings under
way. The units will carry a total asking price of $10.7 billion.)
Many different examples of famous people who have traded on their
fame, and the deals they sealed, are found in the FastStart Barter
Programs offered by BarterNews. (Click
here for further details.)