> The vast majority of his businesses have no customers, and no regular income.
Where do you get this? Is this just more BS with no evidence, like the money laundering accusation?
I haven't seen a complete list, but even Wikipedia has a list with a lot of businesses:
https://en.wikipedia.org/wiki/The_Trump_Organization
> they're intended to protect an asset from the bankruptcy of his real businesses
Even if you were right about Trump's businesses, corporations don't work like that. The stock can be taken in bankruptcy so they don't protect assets inside the corp from bankruptcy of the holder. They only protect assets outside the corp from bankruptcy of the corp.
The vast majority of his businesses have no customers, and no regular income. They aren't intended to make a profit--they're intended to protect an asset from the bankruptcy of his real businesses. There was never any chance that they would need to go bankrupt, so he gets no credit for them not going bankrupt.