The New Yorker
 
_July 25, 2016  Issue _ (http://www.newyorker.com/magazine/2016/07/25)   
Donald Trump’s Ghostwriter Tells All
“The Art of the Deal” made America  see Trump as a charmer with an 
unfailing knack for business. Tony Schwartz  helped create that myth—and 
regrets it.
 

By  _Jane  Mayer_ (http://www.newyorker.com/contributors/jane-mayer) 


 
 
Last June, as dusk fell outside  Tony Schwartz’s sprawling house, on a 
leafy back road in Riverdale, New York, he  pulled out his laptop and caught up 
with the day’s big news: Donald J. Trump had  declared his candidacy for 
President. As Schwartz watched a video of the speech,  he began to feel 
personally implicated. 
Trump, facing a crowd that had gathered in the  lobby of Trump Tower, on 
Fifth Avenue, laid out his qualifications, saying, “We  need a leader that 
wrote ‘The Art of the Deal.’ ” If that was so, Schwartz  thought, then he, not 
Trump, should be running. Schwartz dashed off a tweet:  “Many thanks Donald 
Trump for suggesting I run for President, based on the fact  that I wrote ‘
The Art of the Deal.’ ” 
 
 


 



Schwartz had ghostwritten Trump’s 1987  breakthrough memoir, earning a 
joint byline on the cover, half of the book’s  five-hundred-thousand-dollar 
advance, and half of the royalties. The book was a  phenomenal success, 
spending 
forty-eight weeks on the Times best-seller  list, thirteen of them at No. 
1. More than a million copies have been bought,  generating several million 
dollars in royalties. The book expanded Trump’s  renown far beyond New York 
City, making him an emblem of the successful tycoon.  Edward Kosner, the 
former editor and publisher of New York, where  Schwartz worked as a writer at 
the time, says, “Tony created Trump. He’s Dr.  Frankenstein.” 
Starting in late 1985, Schwartz spent eighteen  months with Trump—camping 
out in his office, joining him on his helicopter,  tagging along at meetings, 
and spending weekends with him at his Manhattan  apartment and his Florida 
estate. During that period, Schwartz felt, he had got  to know him better 
than almost anyone else outside the Trump family. Until  Schwartz posted the 
tweet, though, he had not spoken publicly about Trump for  decades. It had 
never been his ambition to be a ghostwriter, and he had been  glad to move on. 
But, as he watched a replay of the new candidate holding forth  for 
forty-five minutes, he noticed something strange: over the decades, Trump  
appeared 
to have convinced himself that he had written the book.  Schwartz recalls 
thinking, “If he could lie about that on Day One—when it was so  easily 
refuted—he is likely to lie about anything.” 
It seemed improbable that Trump’s campaign  would succeed, so Schwartz told 
himself that he needn’t worry much. But, as  Trump denounced Mexican 
immigrants as “rapists,” near the end of the speech,  Schwartz felt anxious. He 
had spent hundreds of hours observing Trump firsthand,  and felt that he had 
an unusually deep understanding of what he regarded as  Trump’s beguiling 
strengths and disqualifying weaknesses. Many Americans,  however, saw Trump as 
a charmingly brash entrepreneur with an unfailing knack  for business—a 
mythical image that Schwartz had helped create. “It pays to trust  your 
instincts,” Trump says in the book, adding that he was set to make hundreds  of 
millions of dollars after buying a hotel that he hadn’t even walked  through. 
In the subsequent months, as Trump defied  predictions by establishing 
himself as the front-runner for the Republican  nomination, Schwartz’s desire 
to 
set the record straight grew. He had long since  left journalism to launch 
the Energy Project, a consulting firm that promises to  improve employees’ 
productivity by helping them boost their “physical,  emotional, mental, and 
spiritual” morale. It was a successful company, with  clients such as 
Facebook, and Schwartz’s colleagues urged him to avoid the  political fray. But 
the 
prospect of President Trump terrified him. It wasn’t  because of Trump’s 
ideology—Schwartz doubted that he had one. The problem was  Trump’s 
personality, which he considered pathologically impulsive and  self-centered. 
Schwartz thought about publishing an article  describing his reservations 
about Trump, but he hesitated, knowing that, since  he’d cashed in on the 
flattering “Art of the Deal,” his credibility and his  motives would be seen 
as suspect. Yet watching the campaign was excruciating.  Schwartz decided 
that if he kept mum and Trump was elected he’d never forgive  himself. In June, 
he agreed to break his silence and give his first candid  interview about 
the Trump he got to know while acting as his Boswell. 
“I put lipstick on a pig,” he said. “I feel a  deep sense of remorse that 
I contributed to presenting Trump in a way that  brought him wider attention 
and made him more appealing than he is.” He went on,  “I genuinely believe 
that if Trump wins and gets the nuclear codes there is an  excellent 
possibility it will lead to the end of civilization.” 
If he were writing “The Art of the Deal” today,  Schwartz said, it would 
be a very different book with a very different title.  Asked what he would 
call it, he answered, “The Sociopath.” 

 
 


 



The idea of Trump writing an  autobiography didn’t originate with either 
Trump or Schwartz. It began with Si  Newhouse, the media magnate whose 
company, Advance Publications, owned Random  House at the time, and continues 
to 
own Condé Nast, the parent company of this  magazine. “It was very definitely, 
and almost uniquely, Si Newhouse’s idea,”  Peter Osnos, who edited the 
book, recalls. GQ, which Condé Nast also  owns, had published a cover story on 
Trump, and Newhouse noticed that newsstand  sales had been unusually  
strong. 
Newhouse called Trump about the project, then  visited him to discuss it. 
Random House continued the pursuit with a series of  meetings. At one point, 
Howard Kaminsky, who ran Random House then, wrapped a  thick Russian novel 
in a dummy cover that featured a photograph of Trump looking  like a 
conquering hero; at the top was Trump’s name, in large gold block  lettering. 
Kaminsky recalls that Trump was pleased by the mockup, but had one  suggestion: 
“
Please make my name much bigger.” After securing the  half-million-dollar 
advance, Trump signed a contract. 
Around this time, Schwartz, who was one of the  leading young magazine 
writers of the day, stopped by Trump’s office, in Trump  Tower. Schwartz had 
written about Trump before. In 1985, he’d published a piece  in New York called 
“A Different Kind of Donald Trump Story,” which  portrayed him not as a 
brilliant mogul but as a ham-fisted thug who had  unsuccessfully tried to 
evict rent-controlled and rent-stabilized tenants from a  building that he had 
bought on Central Park South. Trump’s efforts—which  included a plan to 
house homeless people in the building in order to harass the  tenants—became 
what Schwartz described as a “fugue of failure, a farce of  fumbling and 
bumbling.” An accompanying cover portrait depicted Trump as  unshaven, 
unpleasant-looking, and shiny with sweat. Yet, to Schwartz’s  amazement, Trump 
loved 
the article. He hung the cover on a wall of his office,  and sent a fan note 
to Schwartz, on his gold-embossed personal stationery.  “Everybody seems to 
have read it,” Trump enthused in the note, which Schwartz  has kept. 
“I was shocked,” Schwartz told me. “Trump didn’t  fit any model of human 
being I’d ever met. He was obsessed with publicity, and  he didn’t care 
what you wrote.” He went on, “Trump only takes two positions.  Either you’re a 
scummy loser, liar, whatever, or you’re the greatest. I became  the 
greatest. He wanted to be seen as a tough guy, and he loved being on the  
cover.” 
Schwartz wrote him back, saying, “Of all the people I’ve written about  over 
the years, you are certainly the best sport.” 
And so Schwartz had returned for more, this time  to conduct an interview 
for Playboy. But to his frustration Trump kept  making cryptic, monosyllabic 
statements. “He mysteriously wouldn’t answer my  questions,” Schwartz said. 
After twenty minutes, he said, Trump explained that  he didn’t want to 
reveal anything new about himself—he had just signed a  lucrative book deal and 
needed to save his best material. 
“What kind of book?” Schwartz said. 
“My autobiography,” Trump replied. 
“You’re only thirty-eight—you don’t have one  yet!” Schwartz joked. 
“Yeah, I know,” Trump said. 
“If I were you,” Schwartz recalls telling him,  “I’d write a book called ‘
The Art of the Deal.’ That’s something people  would be interested in.” 
“You’re right,” Trump agreed. “Do you want to  write it?” 
Schwartz thought it over for several weeks. He  knew that he would be 
making a Faustian bargain. A lifelong liberal, he was  hardly an admirer of 
Trump’
s ruthless and single-minded pursuit of profit. “It  was one of a number of 
times in my life when I was divided between the Devil and  the higher side,”
 he told me. He had grown up in a bourgeois, intellectual  family in 
Manhattan, and had attended élite private schools, but he was not as  wealthy 
as 
some of his classmates—and, unlike many of them, he had no trust  fund. “I 
grew up privileged,” he said. “But my parents made it clear: ‘You’re on  
your own.’ ” Around the time Trump made his offer, Schwartz’s wife, Deborah  
Pines, became pregnant with their second daughter, and he worried that the  
family wouldn’t fit into their Manhattan apartment, whose mortgage was 
already  too high. “I was overly worried about money,” Schwartz said. “I 
thought 
money  would keep me safe and secure—or that was my rationalization.” At 
the same time,  he knew that if he took Trump’s money and adopted Trump’s 
voice his journalism  career would be badly damaged. His heroes were such 
literary nonfiction writers  as Tom Wolfe, John McPhee, and David Halberstam. 
Being a ghostwriter was  hackwork. In the end, though, Schwartz had his price. 
He told Trump that if he  would give him half the advance and half the book’
s royalties he’d take the  job.
 
   
Such terms are unusually generous for a  ghostwriter. Trump, despite having 
a reputation as a tough negotiator, agreed on  the spot. “It was a huge 
windfall,” Schwartz recalls. “But I knew I was selling  out. Literally, the 
term was invented to describe what I did.” Soon Spy  was calling him “former 
journalist Tony Schwartz.” 
Schwartz thought that “The Art  of the Deal” would be an easy project. The 
book’s structure would be simple:  he’d chronicle half a dozen or so of 
Trump’s biggest real-estate deals, dispense  some bromides about how to 
succeed in business, and fill in Trump’s life story.  For research, he planned 
to 
interview Trump on a series of Saturday mornings.  The first session didn’t 
go as planned, however. After Trump gave him a tour of  his marble-and-gilt 
apartment atop Trump Tower—which, to Schwartz, looked  unlived-in, like the 
lobby of a hotel—they began to talk. But the discussion was  soon hobbled by 
what Schwartz regards as one of Trump’s most essential  characteristics: “
He has no attention span.” 
In those days, Schwartz recalls, Trump was  generally affable with 
reporters, offering short, amusingly immodest quotes on  demand. Trump had been 
forthcoming with him during the New York  interview, but it hadn’t required 
much 
time or deep reflection. For the book,  though, Trump needed to provide him 
with sustained, thoughtful recollections. He  asked Trump to describe his 
childhood in detail. After sitting for only a few  minutes in his suit and 
tie, Trump became impatient and irritable. He looked  fidgety, Schwartz 
recalls, “like a kindergartner who can’t sit still in a  classroom.” Even when 
Schwartz pressed him, Trump seemed to remember almost  nothing of his youth, 
and made it clear that he was bored. Far more quickly than  Schwartz had 
expected, Trump ended the meeting. 
Week after week, the pattern repeated itself.  Schwartz tried to limit the 
sessions to smaller increments of time, but Trump’s  contributions remained 
oddly truncated and superficial. 
“Trump has been written about a thousand ways  from Sunday, but this 
fundamental aspect of who he is doesn’t seem to be fully  understood,” Schwartz 
told me. “It’s implicit in a lot of what people write, but  it’s never 
explicit—or, at least, I haven’t seen it. And that is that it’s  impossible to 
keep him focussed on any topic, other than his own  self-aggrandizement, for 
more than a few minutes, and even  then . . . ” Schwartz trailed off, 
shaking his head in amazement.  He regards Trump’s inability to concentrate as 
alarming in a Presidential  candidate. “If he had to be briefed on a crisis in 
the Situation Room, it’s  impossible to imagine him paying attention over a 
long period of time,” he  said. 
In a recent phone interview, Trump told me that,  to the contrary, he has 
the skill that matters most in a crisis: the ability to  forge compromises. 
The reason he touted “The Art of the Deal” in his  announcement, he 
explained, was that he believes that recent Presidents have  lacked his 
toughness 
and finesse: “Look at the trade deficit with China. Look at  the Iran deal. I’
ve made a fortune by making deals. I do that. I do that well.  That’s what 
I do.” 
But Schwartz believes that Trump’s short  attention span has left him with “
a stunning level of superficial knowledge and  plain ignorance.” He said, “
That’s why he so prefers TV as his first news  source—information comes in 
easily digestible sound bites.” He added, “I  seriously doubt that Trump 
has ever read a book straight through in his adult  life.” During the 
eighteen months that he observed Trump, Schwartz said, he  never saw a book on 
Trump
’s desk, or elsewhere in his office, or in his  apartment. 
Other journalists have noticed Trump’s  apparent lack of interest in 
reading. In May, Megyn Kelly, of Fox News, asked  him to name his favorite 
book, 
other than the Bible or “The Art of the Deal.”  Trump picked the 1929 novel “
All Quiet on the Western Front.” Evidently  suspecting that many years had 
elapsed since he’d read it, Kelly asked Trump to  talk about the most recent 
book he’d read. “I read passages, I read areas, I’ll  read chapters—I don’
t have the time,” Trump said. As The New Republic  noted recently, this 
attitude is not shared by most U.S. Presidents, including  Barack Obama, a 
habitual consumer of current books, and George W. Bush, who  reportedly engaged 
in a fiercely competitive book-reading contest with his  political adviser 
Karl Rove. 
Trump’s first wife, Ivana, famously claimed  that Trump kept a copy of 
Adolf Hitler’s collected speeches, “My New Order,” in  a cabinet beside his 
bed. In 1990, Trump’s friend Marty Davis, who was then an  executive at 
Paramount, added credence to this story, telling Marie Brenner, of  Vanity 
Fair, 
that he had given Trump the book. “I thought he would find  it interesting,” 
Davis told her. When Brenner asked Trump about it, however, he  mistakenly 
identified the volume as a different work by Hitler: “Mein Kampf.”  
Apparently, he had not so much as read the title. “If I had these  speeches, 
and I 
am not saying that I do, I would never read them,” Trump told  Brenner. 
Growing desperate, Schwartz  devised a strategy for trapping Trump into 
giving more material. He made plans  to spend the weekend with Trump at 
Mar-a-Lago, his mansion in Palm Beach, where  there would be fewer 
distractions. As 
they chatted in the garden, Ivana icily  walked by, clearly annoyed that 
Schwartz was competing for her husband’s limited  free time. Trump again grew 
impatient. Long before lunch on Saturday, Schwartz  recalls, Trump “
essentially threw a fit.” He stood up and announced that he  couldn’t stand any 
more questions. 
Schwartz went to his room, called his literary  agent, Kathy Robbins, and 
told her that he couldn’t do the book. (Robbins  confirms this.) As Schwartz 
headed back to New York, though, he came up with  another plan. He would 
propose eavesdropping on Trump’s life by following him  around on the job and, 
more important, by listening in on his office phone  calls. That way, 
extracting extended reflections from Trump would not be  required. When 
Schwartz 
presented the idea to Trump, he loved it. Almost every  day from then on, 
Schwartz sat about eight feet away from him in the Trump Tower  office, 
listening on an extension of Trump’s phone line. Schwartz says that none  of 
the 
bankers, lawyers, brokers, and reporters who called Trump realized that  they 
were being monitored. The calls usually didn’t last long, and Trump’s  
assistant facilitated the conversation-hopping. While he was talking with  
someone, she often came in with a Post-it note informing him of the next caller 
 
on hold. 
“He was playing people,” Schwartz recalls. On  the phone with business 
associates, Trump would flatter, bully, and occasionally  get mad, but always 
in a calculated way. Before the discussion ended, Trump  would “share the 
news of his latest success,” Schwartz says. Instead of saying  goodbye at the 
end of a call, Trump customarily signed off with “You’re the  greatest!” 
There was not a single call that Trump deemed too private for  Schwartz to 
hear. “He loved the attention,” Schwartz recalls. “If he could have  had three 
hundred thousand people listening in, he would have been even  happier.” 
This year, Schwartz has heard some argue that  there must be a more 
thoughtful and nuanced version of Donald Trump that he is  keeping in reserve 
for 
after the campaign. “There isn’t,” Schwartz insists.  “There is no private 
Trump.” This is not a matter of hindsight. While working on  “The Art of 
the Deal,” Schwartz kept a journal in which he expressed his  amazement at 
Trump’s personality, writing that Trump seemed driven entirely by a  need for 
public attention. “All he is is ‘stomp, stomp, stomp’—recognition from  
outside, bigger, more, a whole series of things that go nowhere in particular,” 
 he observed, on October 21, 1986. But, as he noted in the journal a few 
days  later, “the book will be far more successful if Trump is a sympathetic  
character—even weirdly sympathetic—than if he is just hateful or, worse 
yet, a  one-dimensional blowhard.” 
Eavesdropping solved the  interview problem, but it presented a new one. 
After hearing Trump’s discussions  about business on the phone, Schwartz asked 
him brief follow-up questions. He  then tried to amplify the material he 
got from Trump by calling others involved  in the deals. But their accounts 
often directly conflicted with Trump’s. “Lying  is second nature to him,” 
Schwartz said. “More than anyone else I have ever met,  Trump has the ability 
to convince himself that whatever he is saying at any  given moment is true, 
or sort of true, or at least ought to be true.”  Often, Schwartz said, the 
lies that Trump told him were about money—“how much he  had paid for 
something, or what a building he owned was worth, or how much one  of his 
casinos 
was earning when it was actually on its way to bankruptcy.” Trump  bragged 
that he paid only eight million dollars for Mar-a-Lago, but omitted that  he 
bought a nearby strip of beach for a record sum. After gossip columns  
reported, erroneously, that Prince Charles was considering buying several  
apartments in Trump Tower, Trump implied that he had no idea where the rumor 
had  
started. (“It certainly didn’t hurt us,” he says, in “The Art of the Deal.”
)  Wayne Barrett, a reporter for the Village Voice, later revealed that  
Trump himself had planted the story with journalists. Schwartz also suspected  
that Trump engaged in such media tricks, and asked him about a story making 
the  rounds—that Trump often called up news outlets using a pseudonym. Trump 
didn’t  deny it. As Schwartz recalls, he smirked and said, “You like that, 
do  you?” 
Schwartz says of Trump, “He lied strategically.  He had a complete lack of 
conscience about it.” Since most people are  “constrained by the truth,” 
Trump’s indifference to it “gave him a strange  advantage.” 
When challenged about the facts, Schwartz says,  Trump would often double 
down, repeat himself, and grow belligerent. This  quality was recently on 
display after Trump posted on Twitter a derogatory image  of Hillary Clinton 
that contained a six-pointed star lifted from a  white-supremacist Web site. 
Campaign staffers took the image down, but two days  later Trump angrily 
defended it, insisting that there was no anti-Semitic  implication. Whenever “
the thin veneer of Trump’s vanity is challenged,”  Schwartz says, he 
overreacts—not an ideal quality in a head of state.
 
When Schwartz began writing “The Art of the  Deal,” he realized that he 
needed to put an acceptable face on Trump’s loose  relationship with the 
truth. So he concocted an artful euphemism. Writing in  Trump’s voice, he 
explained to the reader, “I play to people’s  fantasies. . . . People want to 
believe that something is the  biggest and the greatest and the most 
spectacular. I call it truthful hyperbole.  It’s an innocent form of 
exaggeration—and 
it’s a very effective form of  promotion.” Schwartz now disavows the 
passage. “Deceit,” he told me, is never  “innocent.” He added, “ ‘Truthful 
hyperbole’ is a contradiction in terms.  It’s a way of saying, ‘It’s a lie, 
but who cares?’ ” Trump, he said, loved  the phrase. 
In his journal, Schwartz describes the process  of trying to make Trump’s 
voice palatable in the book. It was kind of “a trick,”  he writes, to mimic 
Trump’s blunt, staccato, no-apologies delivery while making  him seem almost 
boyishly appealing. One strategy was to make it appear that  Trump was just 
having fun at the office. “I try not to take any of what’s  happened too 
seriously,” Trump says in the book. “The real excitement is playing  the 
game.” 
In his journal, Schwartz wrote, “Trump stands  for many of the things I 
abhor: his willingness to run over people, the gaudy,  tacky, gigantic 
obsessions, the absolute lack of interest in anything beyond  power and money.” 
Looking back at the text now, Schwartz says, “I created a  character far more 
winning than Trump actually is.” The first line of the book  is an example. “
I don’t do it for the money,” Trump declares. “I’ve got enough,  much more 
than I’ll ever need. I do it to do it. Deals are my art form. Other  people 
paint beautifully on canvas or write wonderful poetry. I like making  
deals, preferably big deals. That’s how I get my kicks.” Schwartz now laughs at 
 
this depiction of Trump as a devoted artisan. “Of course he’s in it for  
the money,” he said. “One of the most deep and basic needs he has is to 
prove  that ‘I’m richer than you.’ ” As for the idea that making deals is a 
form  of poetry, Schwartz says, “He was incapable of saying something like that
—it  wouldn’t even be in his vocabulary.” He saw Trump as driven not by a 
pure love  of dealmaking but by an insatiable hunger for “money, praise, and 
celebrity.”  Often, after spending the day with Trump, and watching him 
pile one hugely  expensive project atop the next, like a circus performer 
spinning plates,  Schwartz would go home and tell his wife, “He’s a living 
black 
hole!” 
Schwartz reminded himself that he was being  paid to tell Trump’s story, 
not his own, but the more he worked on the project  the more disturbing he 
found it. In his journal, he describes the hours he spent  with Trump as “
draining” and “deadening.” Schwartz told me that Trump’s need for  attention is 
“completely compulsive,” and that his bid for the Presidency is  part of a 
continuum. “He’s managed to keep increasing the dose for forty years,”  
Schwartz said. After he’d spent decades as a tabloid titan, “the only thing 
left  was running for President. If he could run for emperor of the world, he 
 would.” 
Rhetorically, Schwartz’s aim in “The Art of the  Deal” was to present 
Trump as the hero of every chapter, but, after looking into  some of his 
supposedly brilliant deals, Schwartz concluded that there were cases  in which 
there was no way to make Trump look good. So he sidestepped  unflattering 
incidents and details. “I didn’t consider it my job to  investigate,” he says. 
Schwartz also tried to avoid the strong whiff  of cronyism that hovered 
over some deals. In his 1986 journal, he describes what  a challenge it was to “
put his best foot forward” in writing about one of  Trump’s first 
triumphs: his development, starting in 1975, of the Grand Hyatt  Hotel, on the 
site 
of the former Commodore Hotel, next to Grand Central  Terminal. In order to 
afford the hotel, Trump required an extremely large tax  abatement. Richard 
Ravitch, who was then in charge of the agency that had the  authority to 
grant such tax breaks to developers, recalls that he declined to  grant the 
abatement, and Trump got “so unpleasant I had to tell him to get out.”  Trump 
got it anyway, largely because key city officials had received years of  
donations from his father, Fred Trump, who was a major real-estate developer in 
 Queens. Wayne Barrett, whose reporting for the Voice informed his  
definitive 1991 book, “Trump: The Deals and the Downfall,” says, “It was all  
Fred’
s political connections that created the abatement.” In addition, Trump  
snookered rivals into believing that he had an exclusive option from the city 
on  the project, when he didn’t. Trump also deceived his partner in the 
deal, Jay  Pritzker, the head of the Hyatt Hotel chain. Pritzker had rejected 
an 
 unfavorable term proposed by Trump, but at the closing Trump forced it 
through,  knowing that Pritzker was on a mountain in Nepal and could not be 
reached.  Schwartz wrote in his journal that “almost everything” about the 
hotel deal had  “an immoral cast.” But as the ghostwriter he was “trying hard 
to find my way  around” behavior that he considered “if not reprehensible, 
at least morally  questionable.” 
Many tall tales that Trump told Schwartz  contained a kernel of truth but 
made him out to be cleverer than he was. One of  Trump’s favorite stories was 
about how he had tricked the company that owned  Holiday Inn into becoming 
his partner in an Atlantic City casino. Trump claimed  that he had quieted 
executives’ fears of construction delays by ordering his  construction 
supervisor to make a vacant lot that he owned look like “the most  active 
construction site in the history of the world.” As Trump tells it in “The  Art 
of 
the Deal,” there were so many dump trucks and bulldozers pushing around  dirt 
and filling holes that had just been dug that when Holiday Inn executives  
visited the site it “looked as if we were in the midst of building the Grand 
 Coulee Dam.” The stunt, Trump claimed, pushed the deal through. After the 
book  came out, though, a consultant for Trump’s casinos, Al Glasgow, who is 
now  deceased, told Schwartz, “It never happened.” There may have been one 
or two  trucks, but not the fleet that made it a great story. 
Schwartz tamped down some of Trump’s swagger,  but plenty of it remained. 
The manuscript that Random House published was,  depending on your 
perspective, either entertainingly insightful or shamelessly  
self-aggrandizing. To 
borrow a title from Norman Mailer, who frequently attended  prizefights at 
Trump’s Atlantic City hotels, the book could have been called  “Advertisements 
for Myself.” 
In 2005, Timothy L. O’Brien, an award-winning  journalist who is currently 
the executive editor of Bloomberg View, published  “Trump Nation,” a 
meticulous investigative biography. (Trump unsuccessfully sued  him for libel.) 
O’
Brien has taken a close look at “The Art of the Deal,” and he  told me that 
it might be best characterized as a “nonfiction work of fiction.”  Trump’s 
life story, as told by Schwartz, honestly chronicled a few setbacks,  such 
as Trump’s disastrous 1983 purchase of the New Jersey Generals, a football  
team in the flailing United States Football League. But O’Brien believes 
that  Trump used the book to turn almost every step of his life, both personal 
and  professional, into a “glittering fable.” 
Some of the falsehoods in “The Art of the Deal”  are minor. Spy upended 
Trump’s claims that Ivana had been a “top model”  and an alternate on the 
Czech Olympic ski team. Barrett notes that in “The Art  of the Deal” Trump 
describes his father as having been born in New Jersey to  Swedish parents; in 
fact, he was born in the Bronx to German parents. (Decades  later, Trump 
spread falsehoods about Obama’s origins, claiming it was possible  that the 
President was born in Africa.) 
In “The Art of the Deal,” Trump portrays  himself as a warm family man 
with endless admirers. He praises Ivana’s taste and  business skill—“I said 
you can’t bet against Ivana, and she proved me right.”  But Schwartz noticed 
little warmth or communication between Trump and Ivana, and  he later 
learned that while “The Art of the Deal” was being written Trump began  an 
affair 
with Marla Maples, who became his second wife. (He divorced Ivana in  
1992.) As far as Schwartz could tell, Trump spent very little time with his  
family and had no close friends. In “The Art of the Deal,” Trump describes Roy  
Cohn, his personal lawyer, in the warmest terms, calling him “the sort of 
guy  who’d be there at your hospital bed . . . literally standing by  you to 
the death.” Cohn, who in the fifties assisted Senator Joseph McCarthy in  
his vicious crusade against Communism, was closeted. He felt abandoned by 
Trump  when he became fatally ill from AIDS, and said, “Donald pisses  ice 
water.
” Schwartz says of Trump, “He’d like people when they were helpful,  and 
turn on them when they weren’t. It wasn’t personal. He’s a transactional  man
—it was all about what you could do for him.” 
According to Barrett, among the  most misleading aspects of “The Art of the 
Deal” was the idea that Trump made it  largely on his own, with only 
minimal help from his father, Fred. Barrett, in  his book, notes that Trump 
once 
declared, “The working man likes me because he  knows I didn’t inherit what I
’ve built,” and that in “The Art of the Deal” he  derides wealthy heirs 
as members of “the Lucky Sperm Club.” 
Trump’s self-portrayal as a Horatio Alger  figure has buttressed his 
populist appeal in 2016. But his origins were hardly  humble. Fred’s fortune, 
based on his ownership of middle-income properties,  wasn’t glamorous, but it 
was sizable: in 2003, a few years after Fred died,  Trump and his siblings 
reportedly sold some of their father’s real-estate  holdings for half a billion 
dollars. In “The Art of the Deal,” Trump cites his  father as “the most 
important influence on me,” but in his telling his father’s  main legacy was 
teaching him the importance of “toughness.” Beyond that,  Schwartz says, 
Trump “barely talked about his father—he didn’t want his success  to be seen 
as having anything to do with him.” But when Barrett investigated he  found 
that Trump’s father was instrumental in his son’s rise, financially and  
politically. In the book, Trump says that “my energy and my enthusiasm” 
explain  how, as a twenty-nine-year-old with few accomplishments, he acquired 
the 
Grand  Hyatt Hotel. Barrett reports, however, that Trump’s father had to 
co-sign the  many contracts that the deal required. He also lent Trump seven 
and a half  million dollars to get started as a casino owner in Atlantic 
City; at one point,  when Trump couldn’t meet payments on other loans, his 
father tried to tide him  over by sending a lawyer to buy some three million 
dollars’ worth of gambling  chips. Barrett told me, “Donald did make some smart 
moves himself, particularly  in assembling the site for the Trump Tower. 
That was a stroke of genius.”  Nonetheless, he said, “The notion that he’s a 
self-made man is a joke. But I  guess they couldn’t call the book ‘The Art 
of My Father’s Deals.’ ” 
The other key myth perpetuated by “The Art of  the Deal” was that Trump’s 
intuitions about business were almost flawless. “The  book helped fuel the 
notion that he couldn’t fail,” Barrett said. But, unbeknown  to Schwartz and 
the public, by late 1987, when the book came out, Trump was  heading toward 
what Barrett calls “simultaneous personal and professional  
self-destruction.” O’Brien agrees that during the next several years Trump’s  
life 
unravelled. The divorce from Ivana reportedly cost him twenty-five million  
dollars. Meanwhile, he was in the midst of what O’Brien calls “a crazy shopping 
 
spree that resulted in unmanageable debt.” He was buying the Plaza Hotel and  
also planning to erect “the tallest building in the world,” on the former 
rail  yards that he had bought on the West Side. In 1987, the city denied 
him  permission to construct such a tall skyscraper, but in “The Art of the 
Deal” he  brushed off this failure with a one-liner: “I can afford to wait.” O
’Brien says,  “The reality is that he couldn’t afford to wait. He was 
telling the  media that the carrying costs were three million dollars, when in 
fact they were  more like twenty million.” Trump was also building a third 
casino in Atlantic  City, the Taj, which he promised would be “the biggest 
casino in history.” He  bought the Eastern Air Lines shuttle that operated out 
of New York, Boston, and  Washington, rechristening it the Trump Shuttle, 
and acquired a giant yacht, the  Trump Princess. “He was on a total run of 
complete and utter self-absorption,”  Barrett says, adding, “It’s kind of like 
now.” 
Schwartz said that when he was writing the book  “the greatest percentage 
of Trump’s assets was in casinos, and he made it sound  like each casino was 
more successful than the last. But every one of them was  failing.” He went 
on, “I think he was just spinning. I don’t think he could have  believed it 
at the time. He was losing millions of dollars a day. He had to have  been 
terrified.” 
In 1992, the journalist David Cay Johnston  published a book about casinos, 
“Temples of Chance,” and cited a net-worth  statement from 1990 that 
assessed Trump’s personal wealth. It showed that Trump  owed nearly three 
hundred 
million dollars more to his creditors than his assets  were worth. The next 
year, his company was forced into bankruptcy—the first of  six such 
instances. The Trump meteor had crashed. 
But in “The Art of the Deal,” O’Brien told me,  “Trump shrewdly and 
unabashedly promoted an image of himself as a dealmaker  nonpareil who could 
always get the best out of every situation—and who can now  deliver America 
from 
its malaise.” This idealized version was presented to an  exponentially 
larger audience, O’Brien noted, when Mark Burnett, the  reality-television 
producer, read “The Art of the Deal” and decided to base a  new show on it, “
The Apprentice,” with Trump as the star. The first season of  the show, which 
premièred in 2004, opens with Trump in the back of a limousine,  boasting, “I
’ve mastered the art of the deal, and I’ve turned the name Trump  into the 
highest-quality brand.” An image of the book’s cover flashes onscreen  as 
Trump explains that, as the “master,” he is now seeking an apprentice.  O’
Brien said, “ ‘The Apprentice’ is mythmaking on steroids. There’s a  
straight line from the book to the show to the 2016 campaign.” 
It took Schwartz a little more than a year to  write “The Art of the Deal.”
 In the spring of 1987, he sent the manuscript to  Trump, who returned it 
to him shortly afterward. There were a few red marks made  with a fat-tipped 
Magic Marker, most of which deleted criticisms that Trump had  made of 
powerful individuals he no longer wanted to offend, such as Lee Iacocca.  
Otherwise, Schwartz says, Trump changed almost nothing. 
In my phone interview with Trump, he initially  said of Schwartz, “Tony was 
very good. He was the co-author.” But he dismissed  Schwartz’s account of 
the writing process. “He didn’t write the book,” Trump  told me. “I wrote 
the book. I wrote the book. It was my book. And it  was a No. 1 best-seller, 
and one of the best-selling business books of all time.  Some say it was 
the best-selling business book ever.” (It is not.) Howard  Kaminsky, the 
former Random House head, laughed and said, “Trump didn’t write a  postcard for 
us!” 
Trump was far more involved in the book’s  promotion. He wooed booksellers 
and made one television appearance after  another. He publicly promised to 
donate his cut of the book’s royalties to  charity. He even made a surprise 
trip to New Hampshire, where he stirred  additional publicity by floating the 
possibility that he might run for  President. 
In December of 1987, a month after the book  was published, Trump hosted an 
extravagant book party in the pink marble atrium  of Trump Tower. Klieg 
lights lit a red carpet outside the building. Inside,  nearly a thousand 
guests, in black tie, were served champagne and fed slices of  a giant cake 
replica of Trump Tower, which was wheeled in by a parade of women  waving red 
sparklers. The boxing promoter Don King greeted the crowd in a  floor-length 
mink coat, and the comedian Jackie Mason introduced Donald and  Ivana with the 
words “Here comes the king and queen!” Trump toasted Schwartz,  saying 
teasingly that he had at least tried to teach him how to make money. 
Schwartz got more of an education the next  day, when he and Trump spoke on 
the phone. After chatting briefly about the  party, Trump informed Schwartz 
that, as his ghostwriter, he owed him for half  the event’s cost, which was 
in the six figures. Schwartz was dumbfounded. “He  wanted me to split the 
cost of entertaining his list of nine hundred second-rate  celebrities?” 
Schwartz had, in fact, learned a few things from watching Trump.  He 
drastically 
negotiated down the amount that he agreed to pay, to a few  thousand 
dollars, and then wrote Trump a letter promising to write a check not  to Trump 
but to a charity of Schwartz’s choosing. It was a page out of Trump’s  
playbook. In the past seven years, Trump has promised to give millions of  
dollars 
to charity, but reporters for the Washington Post found that  they could 
document only ten thousand dollars in donations—and they uncovered no  direct 
evidence that Trump made charitable contributions from money earned by  “The 
Art of the Deal.” 
Not long after the discussion  of the party bills, Trump approached 
Schwartz about writing a sequel, for which  Trump had been offered a 
seven-figure 
advance. This time, however, he offered  Schwartz only a third of the 
profits. He pointed out that, because the advance  was much bigger, the payout 
would be, too. But Schwartz said no. Feeling deeply  alienated, he instead 
wrote 
a book called “What Really Matters,” about the  search for meaning in 
life. After working with Trump, Schwartz writes, he felt a  “gnawing emptiness” 
and became a “seeker,” longing to “be connected to something  timeless and 
essential, more real.” 
Schwartz told me that he has decided to pledge  all royalties from sales of 
“The Art of the Deal” in 2016 to pointedly chosen  charities: the National 
Immigration Law Center, Human Rights Watch, the Center  for the Victims of 
Torture, the National Immigration Forum, and the Tahirih  Justice Center. He 
doesn’t feel that the gesture absolves him. “I’ll carry this  until the 
end of my life,” he said. “There’s no righting it. But I like the idea  that, 
the more copies that ‘The Art of the Deal’ sells, the more money I can  
donate to the people whose rights Trump seeks to abridge.” 
Schwartz expected Trump to attack him for  speaking out, and he was 
correct. Informed that Schwartz had made critical  remarks about him, and 
wouldn’t 
be voting for him, Trump said, “He’s probably  just doing it for the 
publicity.” He also said, “Wow. That’s great disloyalty,  because I made Tony 
rich. He owes a lot to me. I helped him when he didn’t have  two cents in his 
pocket. It’s great disloyalty. I guess he thinks it’s good for  him—but he’
ll find out it’s not good for him.” 
Minutes after Trump got off the phone with me,  Schwartz’s cell phone rang. 
“I hear you’re not voting for me,” Trump said. “I  just talked to The New 
Yorker—which, by the way, is a failing magazine  that no one reads—and I 
heard you were critical of me.” 
“You’re running for President,” Schwartz said.  “I disagree with a lot of 
what you’re saying.” 
“That’s your right, but then you should have  just remained silent. I just 
want to tell you that I think you’re very disloyal.  Without me, you wouldn’
t be where you are now. I had a lot of choice of who to  have write the 
book, and I chose you, and I was very generous with you. I know  that you gave 
a lot of speeches and lectures using ‘The Art of the Deal.’ I  could have 
sued you, but I didn’t.” 
“My business has nothing to do with ‘The Art of  the Deal.’ ” 
“That’s not what I’ve been told.” 
“You’re running for President of the United  States. The stakes here are 
high.” 
“Yeah, they are,” he said. “Have a nice life.”  Trump hung up. 
Schwartz can understand why Trump feels stung,  but he felt that he had to 
speak up before it was too late. As for Trump’s anger  toward him, he said, “
I don’t take it personally, because the truth is he didn’t  mean it 
personally. People are dispensable and disposable in Trump’s world.” If  Trump 
is 
elected President, he warned, “the millions of people who voted for him  
and believe that he represents their interests will learn what anyone who 
deals  closely with him already knows—that he couldn’t care less about  them.” 

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