Donald Trump Pulls a Slowdown Flip

Housing crisis doesn't stop the Donald from selling his Florida mansion for $100 million.

By SHARE

As American families are tossed out on the street, once-proud neighborhoods turn to plywood ghost towns, and financial markets undergo a terrifying buckle, the housing crisis has been business as usual for real estate mogul Donald Trump.

From the Associated Press:

The real estate market might be slumping, but not for Donald Trump, who sold his Palm Beach mansion for $100 million, his spokeswoman said Wednesday.

"In an age of so many people getting hurt in real estate, it shows that you can still do well in real estate," Trump told The Associated Press in a phone interview.

His spokeswoman says $100 million is the most ever paid for an estate in the U.S., though there is no way to verify that claim.

Russian fertilizer billionaire Dmitry Rybolovlev purchased the roughly 60,000 square-foot oceanfront home, which Trump fixed up after buying it for about $41 million in 2004.

Say, Trump, while you're here, is there any way I could get you to whack me in the bridge of my nose with a rolled-up magazine? (Roll it up real tight and wait until I'm not looking.)

Oh, and please keep me updated on how well things are going for you.