"I'd hire him in a minute," Donald Trump told PEOPLE about having the actor as a contestant on The Celebrity Apprentice.
Trump, who attended the Accessories Council 2010 Ace Awards at Cipriani 42nd Street in New York on Monday, had a cameo role alongside Sheen in the movie Wall Street 2: Money Never Sleeps.
"He's a good man, I know him," Trump added. "He's going through a difficulty."
Last month, Sheen, 45, was found naked and drunk in a Manhattan hotel suite by police but quickly returned to work on the set of another movie and his CBS hit show Two and a Half Men.
"I think it’s sad," Trump said of Sheen's trouble. "He's obviously someone in need of help and hopefully he's going to get that help."