As Forbes senior editor Dan Alexander writes in his book about Trump, White House, Inc.
To fund his vision of opulence in Atlantic City, which eventually included the Taj Mahal, which opened in 1990 and the Trump Marina, which was first dubbed Trump Castle and opened in 1985, Trump raised $675 million in bonds.īy 1990, the Trump Organization had amassed $3.4 billion in debt, straining the entire company. In 1984, Donald Trump opened the Trump Plaza, which at the time was a joint operation with Harrah’s running the casino. Ringmaster: In the early years of Trump Plaza, Donald Trump (with Sugar Ray Leonard and Don King) hosted many heavyweight fights as well as two WrestleManias.
