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A look at the fortunes and misfortunes of the multimillionaire uses untapped family sources to describe Trump's dealing with political fixers and contractors, his ties to organized crime, his personal life, and his financial situation. 30,000 first printing. Tour.
- Sales Rank: #825305 in Books
- Brand: W.W. Norton & Co
- Published on: 1993-05
- Ingredients: Example Ingredients
- Original language: English
- Number of items: 1
- Dimensions: 9.50" h x 6.50" w x 1.50" l,
- Binding: Hardcover
- 447 pages
From Library Journal
Why are so many people writing "interim" biographies of Trump? Presumably because Trump is a flamboyant case of truth being sometimes stranger than fiction and because there is a vast audience for whom his every move is of enormous interest. One hesitates to use the word biography to describe this book. It is more a roundup of what is known to date about the famous financier and playboy, culled from a variety of sources. The chances are that most readers already have seen or heard, somewhere and sometimes in spite of themselves, most of what Hurt has to report. Right now, Trump seems to be down. Will he remain there? Stay tuned. Someone will be sure to let us know. Best to wait until the requests mount up before adding this one to the collection. Previewed in Prepub Alert, LJ 1/93.
- A.J. Anderson, GSLIS, Simmons Coll., Boston
Copyright 1993 Reed Business Information, Inc.
From Kirkus Reviews
A deliciously wicked take on casino/real-estate mogul Donald J. Trump. Drawing on a wealth of sources, Hurt (For All Mankind, 1988, etc.) offers an exhaustive, gossipy rundown on a golden boy of the so-called greed decade who lost his touch--and way--in the hard realities of the 1990's. Capitalizing on political contacts made by his father, who amassed a fortune building and managing apartment houses for working-class residents of N.Y.C.'s outer boroughs, the erstwhile Wunderkind made a flashy name for himself in Manhattan property development. Moving on to Atlantic City's glittery gambling dens, the cocksure Trump (who turns 47 this June) took a great fall when his faith in ever-rising asset prices proved unfounded. In the wake of an acrimonious divorce that ended a 13- year marriage to the Czech-born Ivana (inducing bankers to review Trump's balance sheet with greater care), the ambitious hustler's leveraged empire and its trophy holdings now languish in undeclared bankruptcy. While Hurt doesn't wholly dismiss the possibility of a comeback, he leaves little doubt that Trump is bucking tough odds. Nor does the author overlook many opportunities to dish the dirt on his subject's star-crossed personal life and dubious business practices. Cases in point range from the Trump family's long- standing ties to organized-crime figures through The Donald's fling with Marla Maples; inability to weigh a deal's downside risks against its potential rewards; midnight demolition of a Manhattan landmark; and world-class talent for manipulation. Lacking the insider's edge of John R. O'Donnell's Trumped! (1991)--but, still, a slick, informed account of an upstart wheeler-dealer whose brass may be exceeded only by his reach. (Photographs--not seen) -- Copyright ©1993, Kirkus Associates, LP. All rights reserved.
Most helpful customer reviews
32 of 35 people found the following review helpful.
Trump's actions & words were just as reprehensible then as they are now
By Corinne H. Smith
(maybe even more)
Knowing my strange fascination with all things Trump, a friend and fellow librarian gave me a copy of this 1993 book after her own library weeded it from the biography section. Somehow I'd missed it during my quest to read any books by or about Donald J. Trump. I can't thank my friend enough, though the outcome surely does not match her expectations. This book has scared me straight, so to speak, and has turned me against the man, seemingly forever.
When Harry Hurt III compiled his copious notes for this publication, he had only Trump's real estate deals of the 1980s and early 1990s to draw upon. But add those to the complexities caused by DT's overlapping relationships with Ivana Trump and Marla Maples, and the result reads like a blow-by-blow scorecard of crimes and misdemeanors. Here are the details of his early exploits in the real estate markets of both Manhattan and Atlantic City. Here are all of the negotiations he made with literally dozens (if not hundreds) of banks, using presumed building equity and future potential worth to ensure repayment of the loans. Or maybe not. Here are skazillions of false rumors deliberately leaked to the media in an effort to generate publicity of any kind. Add concrete contracts with mob-related outfits and the intricate and lawful demands of the New Jersey Gaming Commission, and you've got the prime ingredients for a made-for-TV movie. Or perhaps a Sopranos episode. And that's not even including the days spent arguing over the terms of a nuptial agreement of a marriage that's quickly heading south. And Hurt didn't even have to invent any of it. Just his presentation of the facts is enough to set our heads a-shaking. The dollar amounts involved will do that, as you might expect.
Subsequent Trump biographers have covered many of these endeavors, but not necessarily in such detail. Self-professed real estate moguls have lives that can only be described as exceedingly complex. We who reside in the trenches can breathe sighs of relief as we turn these pages, knowing we'll never have to deal with such Trump-sized issues. We'll never have to fight business battles in courtrooms or have our most intimate moments scrutinized in gossip columns or in front page photos. Hurt mentions a few personal items I don't recall coming across in other books: the fact that DT used both liposuction and diet pills to get rid of some extra poundage, and that he had scalp reduction surgery in order to remedy his hair loss. A decade and a half later, we can pretty much judge how successful those attempts at physical improvement were.
But something that stands out is the number of times Trump's then-total worth is projected and questioned in this book. DT always claims it's more than a billion dollars; Hurt and his sources calculate that the amount is far, far less and has always been far, far less. I don't recall (and can find no retrospective proof) that Donald Trump sued Harry Hurt III for misrepresenting his fortune after this particular book came out in 1993. And yet that's exactly what Trump did when author Timothy O'Brien released "TrumpNation" in 2005. In his text, O'Brien set the developer's total assets at $150 to $250 million, while DT insisted it was five or six billion. Trump felt strongly enough to sue for libel. And it wasn't until mid-July 2009 that a New Jersey judge dismissed the case. Technically, O'Brien won. But if you read any of the accounts of the incident, Trump makes it seem as though *he* did. "My net worth fluctuates," he says. As it does time and time again in this older glance at his life and his lifestyle.
It's also interesting to come across the names of some folks who make cameos in DT's life during this time period and have since ended up on "Celebrity Apprentice." Herschel Walker was a New Jersey General before he became a Dallas Cowboy. And when the USFL folded, General owner Donald J. Trump still owed $13 million on player contracts with Herschel Walker and Doug Flutie. He found ways to get out of paying them both, according to this text. Why would Walker later agree to be on a reality TV show with his former employer under such circumstances, only to let the man kick him around again? Odd.
Carol Alt is mentioned several times here as well: sometimes as a friend to Trump, and sometimes as a possible romantic conquest. Now we have to wonder how ethical it is for a "Celebrity Apprentice" candidate to have once been that close to the theoretical boss. I guess we won't know how many others have been in that situation. And after reading this book, we should also wonder why Ivanka and Don Jr. still talk to and work for their father. What is this hold he appears to have on everyone?
How much has changed, more than a decade and a half after the epilogue of this book was written? The Trump Organization is involved in the same kinds of building projects, but now in a few new places like Chicago and Dubai. The New Jersey casinos are still in trouble and are making news every day, with speculation about bankruptcy continuing to drift in the air. But because of the success of "The Apprentice," Donald Trump still appears to be riding an American high. Yet if people go back and read this well-written and well-documented biography, they might find retrospective reason to hold him in lower esteem. I see now that his actions and words have always gone beyond arrogance and well beyond the realm of simple male chauvinism. When I search my thesaurus for a more intensive word to describe his approach to life, my eyes land first on the word "vainglorious," and then, finally, on "peacocky." That'll do, I think.
14 of 14 people found the following review helpful.
When is rape not criminal? Presumably, when it is not actually rape, but that's an issue in need of careful consideration.
By UncleBobMartin
Every copy of this book that I have seen includes a "Notice to the reader" as a pasted-in addendum to the front matter of the book, a "statement of Ivana Trump " intended to qualify certain statements made by Ivana in a deposition in which the former Mrs. Trump stated that she was raped by her husband.
In qualifying her testimony, Mrs Trump states the following, along with a statement. indicatïng that her statement can only be used in its entirety.
"I wish to say that on one occasion during 1989, Mr. Trump and I had marital relations in which he behaved very differently toward me than he had during our marriage. As a woman, I felt violated, as the love and tenderness, which he normally exhibited toward me, was absent. I referred to this as a "rape," but I do not want my words to be interpreted in a literal or criminal sense.
"Any contrary conclusion would be an incorrect and most unfortunate interpretation of my statement which I do not want to be interpreted in a speculative fashion and I do not want the press or media to misconstrue any of the facts set forth above. All I wish is for this matter to be put to rest.
This statement can only be released and used in its entirety.
Approved: Ivana M. Trump
Date: April 6, 1993
Five Stars is awarded due to historical import, not any intrinsic quality of the book.
9 of 9 people found the following review helpful.
This is an important, highly charged expose of Trump's past
By J. Roslyn
The Lost Tycoon is an exhaustive depiction of Trump's scams, cons and lies. Here are just a few take aways:
- [ ] Trump used illegal labor from Poland to tear down the old building on the site where Trump Towers would be built. The laborers slept on the construction site, and many were never paid. (And they destroyed the Art Deco statues and grill work in order to meet the construction deadlines. Trump apparently ordered this destruction, despite promising to preserve the statues, etc.)
- [ ] Trump Plaza, in Atlantic City, met its state minority contractor quota by listing Mike Tyson as a minority contractor.
- [ ] Trump used Damin Aviation to ferry himself and others back and forth to Atlantic City. Joe Weichselbaum headed it up until he was indicted on illegal drug smuggling (Hurt wonders if there was any truth to the rumor that Weichselbaum procured cocaine for Trump's casino high rollers). Then the New Jersey Division of Gaming Enforcement (DGE) forced Weichselbaum out. Weichselbaum pled guilty and was sent to prison. A year later, Weichselbaum's girlfriend paid $2.35 million for two apartments in Trump Towers, claiming the money was her own. When Weichselbaum was paroled, he moved into the apartments (now a duplex) and told the parole board he was going to be Trump's helicopter consultant.
- [ ] In 1989, three of Trump's top Atlantic City executives were killed in a helicopter crash following a meeting with Trump. Upon hearing of their deaths, Trump told a colleague that he couldn't resist milking the deaths for publicity. He then falsely claimed he was supposed to be on that flight.
- [ ] Ivana worked hard at Trump's hotels and casinos, despite his constant attempts to belittle her work (during their famous divorce, he once claimed she stayed home and did the laundry).
- [ ] The book reports on Ivana's divorce-deposition testimony where she claimed that Trump violently raped her and tore out chunks of her hair because he believed her plastic surgeon had harmed him by performing a poor scalp reduction surgery. He was in great pain, and he blamed Ivana. Ivana disclaims the rape in a letter inserted in the beginning of the book. In it she claims that her use of the term "rape" only meant that Trump was "not loving" to her.
Story after story about Trump's temperament fill this book. Trump seems to have lurched from one temper tantrum to the next, from one lie to the next, from one con to the next. He claimed his wife and children were important to him, but business and money seem to always have been his true love. As set out in this book, there are two constants with regard to Trump's personality: if the truth doesn't suit Trump, he changes it, and he will not tolerate criticism of any kind. This is an important, highly charged expose of Trump's past. Unfortunately, it only covers Trump's life up until the early 1990's. Nonetheless, this is a book that should be read by voters in this election year.
(Although I read a Kindle Unlimited version of this book, as of the date of this review, this version has been pulled by Amazon. Accordingly, this review is being placed under the out-of-print version of the book.)
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