The Trumps “won't likely pick up yet for the time being,” said the developer, Chinese-Indonesian tycoon Hary Tanoesoedibjo, a self-made billionaire and nationalist strongman who proudly styles himself as the ““Like Trump, he built his fortune—an estimated $1.1 billion—in real estate and media on a mountain of debt,” wrotein 2017. “He tweets nonstop to more than 1 million followers. He stages beauty pageants. He loves reality TV. He has a glamorous wife.
The similarities between Trump and Tanoesoedibjo are indeed uncanny. Both were raised by rich local-businessman fathers. Both have professed a great admiration for Vladimir Putin. And each has a long trail of allegations of tax avoidance and bullying prosecutors. Then there are the mirrored political ambitions. Tanoesoedibjo ran for Indonesia’s vice president in the 2014 elections and lost, then founded his own right-wing political party.
In August 2015, within months of launching his presidential campaign, Trump inked licensing deals with Tanoesoedibjo for two massive luxury resort properties in Indonesia: and golf course in West Java that is part of Lido City. For both projects, the plan was for Tanoesoedibjo’s MNC Group to own and develop the properties and for Trump to bring the branding and manage the resortsFor years, it seemed to be a mutually happy partnership.
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