The Plaza Hotel: Trump's Ego-Driven PurchaseHe put his wife in charge for a dollar a year.

Discover how Donald Trump's purchase of New York's iconic Plaza Hotel was driven more by ego and loyalty than financial sense. In 1988, he paid a record price for the building and then appointed his wife, Ivana, as its president. This blend of high-profile acquisition and family management highlights a risky business strategy. It ultimately led to the hotel's bankruptcy, revealing the perils of letting personal impulses guide major financial decisions.

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