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Donald Trump Claims He Screwed Qaddafi on Realty Deal

By Tavis J. Hampton | March 21, 2011
  • It seems everyone is getting in on the Qaddafi bashing, thanks to the dictator's most recent additions to his portfolio of atrocities. Now Donald Trump, arguably a dictator in his own right (in the corporate sense, of course), says he "screwed" Qaddafi in a real estate deal and that America would be better served fighting dictators with similar shady real estate agreements.

     

    Donald Trump
    Donald Trump

    According to the billionaire, who is as famous for his hairstyle as he is for his fortune, he rented out some land to Qaddafi when the Lybian "Leader and Guide" was visiting the United Nations. The deal was conducted through intermediaries, and Trump did not actually kick Qaddafi to the curb until the neighbors complained.

    Nevertheless, Trump recently felt the need to recount the entire story to Fox News to demonstrate how he has dealt with all manner of folks when it comes to his realty transactions. "I rented him a piece of land. He paid me more for one night than the land was worth for two years, and then I didn't let him use the land," Trump explained, "...That's what we should be doing."

    By "that's what we should be doing", he apparently means we should make deals with dictators and then not honor them, but only after people find out about it and complain.

    Donald Trump is the Chairman and CEO Trump Organization, which develops real-estate in the United States. He is also the founder of Trump Entertainment Resorts, a company that manages several casinos and hotels around the globe.

    Gaddafi
    Muammar Qaddafi

    Qaddafi, whose main wealth comes from a Libyan oil company, is estimated to have a net worth of over $20 billion, although the exact number has not been disclosed. If his fortune is anywhere close to that, anything Trump might have “screwed” him over for would amount to spare change.

    Images courtesy:  openDemocracy and Gage Skidmore.

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