April 26, 2011
Donald Trump's Heir ProblemForbes, Trump’s Real Heir Concerns, by Hani Sarji:
In a recent interview with Steve Forbes, Trump revealed his real heir concerns. These are very serious concerns over who will succeed his business:
Forbes: So, what do you do about succession? You have three up-and-comers.
Trump: Well, I do. And maybe five. I really have good children. . . . It’s a very tough decision, because you say, do you leave a bigger chunk to one? Do you break it up evenly? Do you do this? Do you do that? . . .
But it’s very complex. In a way, it’s the most complex thing. And you understand that through your family, and your children, and you know, what’s going to happen here and there. . . .
And I would say — and we could mention a couple of them — but I would say the most vicious fights I’ve ever seen, whether it’s Koch or Milstein or this or that, the most vicious fights are those inter-family fights, when it doesn’t work. So, it really is a very important decision, as to what happens when we’re gone.
Trump highlights a classic difficulty in dividing an estate among children: “do you leave a bigger chunk to one? Do you break it up evenly?” As he makes clear, there are no easy answers.
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Breaking it up evenly, at least the part you don't give to charity, is the only way to avoid promoting discord among the heirs.
Posted by: AMTbuff | Apr 26, 2011 12:01:30 PM
I think the real dilemma for Donald is recognizing that Donald Jr. and Eric both have sub-90 IQs. Ivanka on the other hand appears incredibly intelligent. If he wants his legacy to live on, he has to give her the lion's share.
Posted by: BL1Y | Apr 26, 2011 1:40:59 PM
lol, the pun in the title of this post is hair-larious.
Posted by: gary | Apr 26, 2011 8:48:24 PM
Maybe Trump, today, by forcing the release of what I guess is a real birth certificate, solved the heir problem of Barrack Obama's parents.
Posted by: Woody | Apr 27, 2011 11:21:53 AM