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.)