Even Donald Trump is hit by the recession
Even property tycoon Donald Trump is being hit by the recession.
The billionaire has been forced to slash the fee he charges to address wannabe entrepreneurs across America – to “less than $1 million”.
Trump was previously guaranteed the seven-figure sum for lecturing at the Learning Annex’s “Wealth Expos”.
But the economic slowdown means he is not able to demand as much, according to the New York Post.
An insider revealed: “He’ll be making less than $1 million. Even Donald has cut back.”
The wealth-building seminars were such a hit in the past that he toured 15 cities across the US, doling out financial advice.
Now the latest event, a “Money Fest” slated to be held on April 25, has been scaled down and will be held at a New York hotel rather than the exhibition centre that has been used before.
However, Trump, 62, is not allowing himself to get depressed: “Recession creates incredible opportunities, and there are incredible opportunities right now.”
Source: Splash News
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