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Donald Trump Was ‘Black Hole’ for His Dad’s Money: New Book Author [Video]

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Latino Entrepreneurs

Donald Trump was a “black hole” for his father’s money instead of the successful business owner the former president portrays himself as, according to an author of a new book.

New York Times reporter Susanne Craig made the remarks while promoting the book she wrote with her colleague Russ Buettner, Lucky Loser: How Donald Trump Squandered His Father’s Fortune and Created the Illusion of Success.

The book from Craig and Buettner, who are known for reporting on Trump’s tax returns, attempts to dismantle the notion that the former president managed to become a self-made billionaire because of his savvy business acumen and entrepreneurial skills.

Instead, the book suggests, Trump mainly relied on luck to build his wealth, and he was unable to grow the hundreds of millions of dollars he inherited from his father, Fred Trump, who died in 1999. The book also details how Trump suffered major losses, such as the closure …

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