Our first guest is one of the world's most prominent business man. In the short time that he's been waiting back stage, listen to this, he purchased his dressing and turned it into a luxury condo. Here he is ladies and gentlemen, Donald Trump. Donald come out here. Nice to have you here in the Ed Sullivan Theater. I think it's one of the few properties in this community you don't own. That is true. Now it seems to me like last night, you were down in South Padre Island? Is that where it is? That right. In the Gulf of Mexico? That is correct. For hosting the... not hosting but looking at the big Miss Teen USA Pageant. Right. Now explain to the people, I guess your daughter was actually one of the hosts. She was. She did a terrific job. How old is she? Is she just a girl? She's 15. Ivanka. Ivanka. Is she like, like a big, like a supermodel? She's becoming a supermodel I guess. She's, she's a beautiful girl. She's doing great. Yeah. And she hosted the pageant last night. Now who is that guy she hosted with? A young man from The Young and the Restless who also did a great job. It was a beautiful combination. Well what's his name? Who the hell knows? What do I know. He's too busy doing this. You don't care. Ahh but now, now you own, you own that pageant? I do. I own that and I own Miss Universe and I own Miss USA, along with your friends at CBS. Yeah. They got great ratings last night too, I guess you saw. In fact you got great ratings because we got great ratings. Take anythingI can get, sure. Ahh but what is, what is your, as an investment, now can a person make money in something like that? Yeah, what happens is the various places for instance Miss Universe, Venezuela is bidding, Israel is bidding, lots of different countries are bidding. Lots of money to get it. Hong Kong wants to have a fight. Hong Kong has got a pretty well tied up for the 2000 and they're willing to pay many millions of dollars in order to get the pageants. Right. And it's just worked out really terrific. So but did somebody come to you and say "Hey, you know these ahh these beauty pageants, they're money machines. It's a license to print money these beauty pageants. Or did you have an idea that maybe this ought to be something we all look into. Well I take tea, which is basically Madison Square Garden. In this case, wanted to sell certain assets and I liked that asset. I've always liked it. It's great you know, great television, great everything and I bought it. I then sold half to CBS and CBS has been a terrific partner. Yeah, I'd like to talk to you after the show because I got my eye on a dog track. Okay. Very good. But now, how, how do we describe you, ahh are you like an entrepreneur? Is that what we describe you? Are you a real estate developer? Are you, what are you exactly? Ahh I mean my primary thing is real estate. I do great in the casino business. Oh that's right. See now the casinos in. That's unbelievable! You own three casinos in the Atlantic City. Three big ones. Now tell me this, Don, can I call you Don? Yes. Or Don. I, like one crap table, one crap table, one 24 hour period, any craft table on the floor. I don't care what the limit is, I don't care if it's a big one, I don't care if it's a low one. What is that gonna turn over in just, in profit? Just in profit. Once crap table. Well you don't know because oftentimes I lose. I mean, we had a man beat us a 5 million. Oh yeah. That happens once in 20 years and then you put his picture on the billboards and everybody comes in but seriously. Ahh... There it is! But I'm I'm curious about this. One of those crap tables generates an enormous sum of money, doesn't it? They do pretty well, yeah. Well give me, give me like a figure. We're talking about $50,000 a day, $100,000 a day? We'll change it around a minute. I've had days where I won 12 million dollars from one man and I've days where I lost 7 or 8 million dollars from one man, one person, one gambler. Is that true? Yeah, we, it's very big swings. I mean you'd swings and you can lose. I mean the fact is, having the house doesn't necessarily you win. At the Taj Majal, which is now number one in Atlantic City actually by far and Trump Plaza,which is number two in Atlantic City, we had huge swings, both winning... Are you trying to put yourself out of business? Well I, I don't mind when they win because when they win, they come back. But but we do have huge swings both ways. Now what does it do to you? When you see something like that? Did you just woo! Oh my God! Or you just don't, you just don't care coz you're not. You know over the course of the year, it comes out okay. I mean it really comes out okay. 12 million dollars a year, 12 million dollars a year and at the end of the year, things look pretty good, from where you said that. Very good. It's been pretty good. Ahh if we went to your ATM machine right now... You know what I'm saying? And I, believe me, this is none of my business so if, at any point, you want to just get up and walk out, I understand perfectly. Many of our guests do. But if we went to your ATM machine right now, put in your little card and punch in your PIN code, like what would be the PIN code? Gee I, I really would tell you. I really would coz you're such an honest guy. Ahhm and go ahead and then what do you want to know back then? I just wanna know if you had, like I said to you Don, do me a favor right now, go out and come back with as much cash as you could lay your hands on, what would that figure be? It would be a lot. Really? How much, how much money and forgive me if this is embarrassing but I think people are fascinated by money, wealth and power you know. Ahh how much are your worth totally? Your, the Trump businesses, the Trump beauty pageants, the Trump you know rolling rings, whatever the hell you got, I don't know. How much is that empire worth? You know I really don't know. There been a lot of different estimates and I, I really don't know what I'm worth. It depends when you take values of Trump tower and all the different buildings I've built. It's always influx, isn't it? It's always influx. Especially, I love leverage, I love borrowing and when you like to borrow, you could go up and down. I've had days when I'm worth 4 billion dollars and days when I'm worth -900 million dollars. That's a big sway. Yeah. Yeah. I mean, four, five years ago, I was probably worth minus 900 million dollars. And today, it works out where it's ahh very positive. Now what, what would you do to turn that around? If you're down... Works really hard. You're down nearly a billion dollars, what do you, how do you turn that around? Well, times turn it around, work turns it around, intelligence works it around. I mean there was a time where I sort of lost my focus a little bit. I wasn't working like I used to. Put yourself on a budget. And the market... Put yourself on a budget. You put yourself on a budget. That's correct. You put yourself on a budget. Sure. And it worked out to a point where now I'm doing better than I ever did before. Yeah. So really, it was good. Now but anyway, getting back to the worth of the empire, like is it like ahh a billion dollars? Are you worth a billion dollars? The empire worth a billion dollars? Well there's estimates of worth. 2 billion. People are saying that from a billion to four billion. Uh-huh. What the number would be, I have absolutely no idea. I really don't. I really couldn't tell you what I'm worth but it's it's not bad. Now, it seems to me that a guy in your position, a guy in your position who can sit here and honestly say I'm not sure what I'm worth but it's a pretty good situation, the guy in your position then has an incumbency, a responsibility to do something nice for other people everyday of his life. I agree. Now do you do that? I do. Can you, without embarrassing yourself, can you give me an idea of something nice you've done for somebody recently? Well I married Marla and now I'm giving her a big settlement. Oh man! Oh man! No? That's not what you had in mind? Oh man! That's not what you had in mind, don't you think? Oh man! See now, if I hadn't said that, people would have booed me. I know. No, no, no. But you know what I'm getting at? Do you do, do you do good things? I do. I give a lot of money away. Ahh and I, I love doing it to be honest. I think we have an obligation to do that and I give a lot of millions of millions of millions of dollars away to charities and different things. Now do you, do you like talking about it or you'd rather not talk about it? I don't like talking about it. I usually don't talk about it and people don't like writing about it because it's not my image. They don't like that image. They like to think of you as kind of a punk. Kind of a scaring punk. They like to think as a bad guy. Yeah. Bad guy like a bad guy. Yeah like a bad guy image. New York it fits better with New York City. A tough guy? Yeah it works better I guess. I don't like it but I guess your friends in the media like it better. Now ahh then tell us you mentioned your relationship with ahh Marla, that, that's over right? That is over. How long were you guys married? Three and a half, almost four years. Uh-hmm and it was a huge, when and why? I mean what happened there because... Why marry? No, no, no, no, no. It was kinda like a fairy tale. I think that's a lot of people think. Hey hey Don, it was kinda like a... What's the matter with me? It was kinda like a fairy tale you know marriage with the wealthy Donald Trump and the beautiful wife, Marla. Well did it, can you give us some... Well you know she's a terrific young woman and it just something that you tend to grow apart and it just didn't work out, she just wanted out. Will you get married again do you think? I would. I love the institution of marriage. It cost me a fortune but I love the institution of marriage. I think it's a great institution, I think you know it's something I really like. How long have you been, how many times you've been married? This is my second time. Second marriage and were you thinking that maybe one day you'll get married again? I think it's always possible, absolutely. Alright, anything you'd like to say to the world while you're here? I love you all. Ohh how about that ladies and gentlemen! Donald Trump ladies and gentlemen. Nice to see you again Don! Thanks for coming by! We'll be right back with tonight's top 10 list.