Donald Trump Accepts Gold As Deposit From New Tenant

Teke Wiggin
Donald Trump gold tenant
Donald Trump gold tenant



Real estate's King Midas can't get enough gold. His plane is peppered with 24-carat fixtures and seat belts (see the video below), and his luxury buildings pretty much swim in the stuff.

But now, Donald Trump is raising the bar. Three bars, in fact. That's how many 32-ounce gold ingots he's planning to accept today as a security deposit from a new tenant of the building he owns at 40 Wall Street. According to the Trump website, the 72-story, "incredibly impressive landmark property" was at one time the tallest building in the world.

The security deposit, worth $176,000, is coming from Apmex, a dealer in precious metals.