![]() By the early 1990s he had burned through his portion of his father Fred’s fortune with a series of reckless business decisions. banking industry was pretty much finished with him. In truth Trump was all but finished as a major real-estate developer, in the eyes of many in the business, and that’s because the U.S. ![]() One of his casino executives announced that his boss had returned as a “winner,” according to Trump biographer Michael D’Antonio.īut it was mainly an act, D’Antonio told Foreign Policy. As the theme music from the movie Rocky filled the room, an emcee shouted, “Let’s hear it for the king!” and Trump, wearing red boxing gloves and a robe, burst through a paper screen. Party guests were given sticks with a picture of Trump’s face glued to them so they could be photographed posing as the famous real-estate mogul. banks to work off nearly a billion dollars in personal debt, Donald Trump put on a big gala for himself in Atlantic City to announce his comeback. In the fall of 1992, after he cut a deal with U.S.
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