In 2008, Ed McMahon, a severely ill veteran known as the “king of late night” from Johnny Carson’s “Tonight Show,” defaulted on $4.8 million in mortgage loans and was facing foreclosure on his Beverly Hills home. McMahon’s house debt of between $6 million and $7 million was much larger than the $4.6 million asking price, amid the nationwide housing market collapse.
In 2008, Ed McMahon, a severely ill veteran known from the Johnny Carson Tonight Show, defaulted on his $4.8 million mortgage & faced foreclosure.
— Reed Cooper (@ReedMCooper) May 3, 2023
Trump saved Ed's house after vowing to buy it for an undisclosed amount & leasing it to Ed.
Ed died a year later at age 86. pic.twitter.com/nJBYReNe7m
Thankfully for McMahon, who was sadly in failing health, then-reality TV host, successful businessman, and best-selling author Donald Trump stepped up and came to McMahon’s rescue.
“I don’t know the man, but I grew up watching him on TV,” Trump told reporters at the time.
Trump entered into months-long negotiations to buy McMahon’s six-bedroom mansion for an undisclosed amount to lease the home to McMahon. Once the home was settled, McMahon’s foreclosure fears were over.
One year later, Ed McMahon passed away on June 23, 2009.
“The sole purpose of this transaction was to ensure that Ed McMahon, whom Mr. Trump admired greatly, would remain in his home while dealing with his significant health issues. Mr. Trump accomplished the task and was thanked by both Ed and his family for his assistance,” Trump’s lawyer wrote at the time.
Military.com details McMahon’s time in the armed forces, writing, “Soon after the Japanese attacks on Pearl Harbor, McMahon immediately enlisted and entered flight training in Dallas. Afterward, he completed fighter training in Pensacola and obtained his carrier landing qualification.”
“While he was still in flight school, McMahon became an instructor, a role in which his ability to project came in handy. His flight instructor status lasted for two years until he was given orders to report to the Pacific Fleet. However, before he entered combat, atomic bombs were dropped on Hiroshima and Nagasaki which ended the war, and facilitated the cancellation of his orders,” Military.com adds.
By the time McMahon retired from the military in 1966, he had flown 85 combat missions, earned six air medals, and earned the rank of colonel.
This article is part of an ongoing series recounting the untold stories from Donald Trump's life as a successful real estate developer, New Yorker, and presidential candidate where he went above and beyond for his fellow Americans.
Read the first article titled, "In 2007, Trump Gifted $10K To The 'Hero Of Harlem' After He Saved Epileptic Student From NYC Train Tracks," which President Trump shared on his top-rated social media platform, Truth Social.
Read the second article titled, "In 1966, A Young Trump Helped Create The ‘MLK Jr. International Freedom Games.'"
Read the third article titled, "Trump’s Untold Acts Of Kindness: In 1986, Trump Was Awarded The Medal of Honor Alongside Rosa Parks And Muhammad Ali."
Read the fourth article titled, "Trump’s Untold Tales Of Kindness: After Founder Died On 9/11, Trump Saved His Girls Basketball League ‘Slam Jam’ With Large Donation."
You can follow Reed Cooper on Instagram here, Truth Social here, and Twitter here.
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