Vikingwoman wrote:"4. He has never declared bankruptcy. Some businesses, in which he had an interest have gone bankrupt. So...what is your point?"
Trump’s first corporate bankruptcy was in 1991 when Trump Taj Mahal was unable to pay its obligations.[136] Forbes indicated that his first bankruptcy was the only one where his personal wealth was involved. Time, however, maintains that also in the later 2004 bankruptcy $72 million personal money was involved.[138]
The third corporate bankruptcy was on October 21, 2004, when Trump Hotels & Casino Resorts announced a restructuring of its debt.[142] The plan called for Trump's individual ownership to be reduced from 56 percent to 27 percent, with bondholders receiving stock in exchange for surrendering part of the debt. Trump Hotels was forced to seek voluntary bankruptcy protection to stay afloat. After the company applied for Chapter 11 Protection in November 2004, Trump relinquished his CEO position but retained a role as Chairman of the Board. In May 2005[143] the company re-emerged from bankruptcy as Trump Entertainment Resorts Holdings.[144]
The last corporate bankruptcy occurred in 2009. On February 13, Trump announced that he would resign from the board of Trump Entertainment Resorts and four days later the company filed for Chapter 11 bankruptcy.[145] At that time Trump Entertainment Resorts had three properties in Atlantic City: Trump Taj Mahal, Trump Plaza, and Trump Marina (sold in 2011). In early August 2014 Donald Trump filed a lawsuit requesting his name be removed from the Trump Plaza Hotel and Casino and the Taj Mahal facilities since he no longer runs or controls the company.[146] Trump Entertainment Resorts filed again for bankruptcy in 2014.[147]
This explains the motivation for his publicity strategy. His business holdings may get tight for money, BUT they have one other valuable asset which isn't being counted in that. That's simply the name TRUMP. He's just a real estate investor but unlike any other he's made himself into a household name like Coca-Cola and Budweiser. Brands can have a lot of value based on that alone.
So he manages to escape personal bankruptcy because he can always get people to invest more money in that brand name.
Which brings us full circle back to why he needs so much constant publicity.
Of course another factor is his monumental ego.