In the nine years before he ran for president, Donald Trump’s company spent more than $400 million in cash on new properties — including 14 transactions paid for in full, without borrowing from banks — during a buying binge that defied real estate industry practices and Trump’s own history as the self-described “King of Debt.”
"As the ‘King of Debt,’ Trump Borrowed to Build His Empire. Then He Began Spending Hundreds of Millions in Cash." is from the May 05, 2018 Politics section of The Washington Post. It was written by Jonathan O'Connell, David A. Fahrenthold and Jack Gillum and narrated by Sam Scholl.