Carl Icahn

Trump's Taj Mahal — the '8th wonder of the world' — sold for pennies on the dollar

Trump's Taj Mahal — the '8th wonder of the world' — sold for pennies on the dollar

Donald Trump wrote "The Art Of The Deal," but it was Florida's Seminole Indians who made a truly amazing deal to buy the opulent casino built by the man who is now president of the United States.

The Trump Taj Mahal, the Atlantic City casino that the real estate mogul built for $1.2 billion in 1990, went for 4 cents on the dollar when it was sold in March. Documents filed with the Securities and Exchange Commission on Tuesday revealed the price that billionaire Carl Icahn got from Hard Rock International for the shuttered casino: $50 million. The sale was publicized at the time, though the purchase price wasn't.

Trump, now the nation's 45th president, dubbed the...

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