BiggerPockets

Well in Trump's case he was born into wealth. His father was a major real estate developer and investor, but in Queens and the outer boros of NYC. Donald Trump went into Manhattan to stake his claim and by hedging investments from other people and taking tons of loans out he was able to get credit anywhere and fund his projects. So thus increasing his net worth, even if he didn't have it in the bank/liquid, his properties and companies gave him his high net worth...

That being said, CEO's and other C-level executives typically recieve more prefered stock than most investors get. With options they typically can't sell it right away, and don't either (it makes them and the company look bad or worse, makes people think they are ditching it before it loses its value, not to just get filthy rich).

But then again, just because a company goes public, doesn't mean they are going to become billionaires overnight. Most companies that do go public statistically speaking tend to tank or don't make all that much anyway.

Finally, when these guys go on spending sprees, many times, its with the company card. You'd think they'd learn their lessons by now, but then again, most of them get away with it.

Look Tiara. The more questions you ask, the more you're going to find that real estate is not that easy as you would expect.

You need to have at least a steady income and a good credit score in order to make it in this game. You didn't think that Trumps bought that NYC hotel in the 1970's with nothing down, did ya? Haha.

Well my plans are to start a holding company (The Murray Group) with all of the varying business ventures that I plan to go into including:

Media
Entertainment
Publishing
Real Estate
Fashion
Sports Marketing

I am currently working on a degree from Parsons in fashion merchandising. I am also starting out in residential real estate investing and plan to move into residential and commercial development within 10 years.

Tiara -
I love your enthusiasm! That said, you've picked all of the toughest industries to break into. Becoming a success in any one of them would be enough for most people.

I hope you're taking it one interest at a time, because otherwise you'll find yourself floundering around in too many places. Focus your energies on one aspect and go from there.

BTW- I've got experience in several of the industries you're interested in, and know from both upstarts and the very successful that it is a battle every day.

Keep the enthusiasm, but slow it down a bit.

Good luck!

Thanks for the encouragement guys. And I totally understand. I am not jumping into every industry at once. As of right now I am focusing on real estate and fashion. I am starting in real estate now , and plan to start in fashion after I finish my degree (in about three years), then after the success of each industry progresses, I plan to branch out by either starting the businesses mentioned above or acquiring smaller businesses in these industries and growing them