Unhappy
In 1986, Trump was forced to pay a $750,000 penalty to handle an antitrust lawsuit with the Federal Trade Commission. This was because he did not tell the government before he bought over $15 million worth of voting stock in Holiday Corp. and Bally Manufacturing Corp. Although it was a huge amount of money, he was still well off. He also became the owner of an estate in Palm Beach, Florida that is now known as Mar-a-Lago estate.
Unhappy
A Gamble
Trump was not entirely satisfied with his business endeavors and started making his name known around New Jersey. In 1977, the state legalized casino gambling and Trump was ready for business opportunities. He opened Harrah’s at Trump Plaza hotel and casino and went on to purchase more casino properties in Atlantic City. Eventually, this would be financial disasters.
A Gamble
