INTRODUCTION Donald John Trump is the definition of the accomplishment of the American dream, he was born in June 14, 1946 in Queens, New York, is an American, business executive, entrepreneur, television and radio personality and author. He is the CEO of Trump Organization, an American-based real estate developer, and the founder of Trump Entertainment, which operates several casinos. He received a great deal of publicity following the success of his reality television show, The Apprentice (in which he serves as both executive producer and host for the show). He is the son of Fred Trump who was a wealthy real estate developer based in New York City. Trump has gained notability for his celebrity lifestyle and his real estate successes, …show more content…
The late 1990s saw a resurgence in his financial situation and fame. In 2001, he completed Trump World Tower, a 72-story residential tower across from the United Nations Headquarters. Also in 2001, he began construction on Trump Place, a multi-building development along the Hudson River. Trump owns commercial space in Trump International Hotel and Tower, a 44-story mixed-use (hotel and condominium) tower on Columbus Circle. Trump currently owns over 18 million square feet of prime Manhattan real estate. He remains a major figure in the field of real estate in the United States and a current celebrity for his prominent role on American television reality show The Apprentice. CAREER Trump began his career at his father's company, the Trump Organization, and initially concentrated on his father's preferred field of middle-class rental housing in Brooklyn, Queens and Staten Island. One of Donald's first projects, while he was still in college, was the revitalization of the foreclosed Swifton Village apartment complex in Cincinnati, Ohio--turning a 1200-unit complex with a 66% vacancy rate to 100% occupancy within a year. When the Trump Organization sold Swifton Village for $12 million, they cleared $6 million in profit. Trump expanded his father?s company into the lucrative Manhattan real estate market. In the 1970s he benefited from the financially strained New York City government's willingness to give tax concessions in exchange for
He was involved in a profitable building project in Manhattan, New York. This made him the city’s best known developer. He formed a publicly traded company, Trump Hotels and Casino Resorts, which helped protect him from personal liability, but never had a profitable year. By 2004, it was in bankruptcy. Trump stared on the reality show “The Apprentice”. This game put book smarts against street smarts.
He became involved in large building projects and gained many opportunities for high profits. When the Pennsylvania Central Railroad entered bankruptcy, Trump maintained land on the West Side of Manhattan. Building apartments in the area would have been unfeasible. Therefore, Trump promoted the property for a city convention center. His offer was turned down. In 1975, Trump got out of his economic rut by signing a partnership agreement with the Hyatt Hotel Co. After the agreement was finalized, Trump worked out a complex deal in a downtown location and won the company a 40-year tax abatement. After arranging the company’s financing, renaming it the Grand Hyatt, and renovating the building, the company had became an economic success. In the process, the project made Trump the city’s best known and most controversial real-estate developer. (“Donald Trump
Donald John Trump was born on June 14th, 1946, in the Queens of New York. Donald is one out of five children; Trump is the second oldest. Due to his energy and assertiveness was thirteen when he was sent to the New York Military Academy School. His parents were hoping to guide his liveliness to a constructive perception. Trump is representing as a republican candidate; Trump has switched political party affiliations at least five times since the late 80s. Donald Trump is a real estate entrepreneur and billionaire. He is the owner of Trump Plaza in Manhattan, New York and he is the host of the NBC reality series, The Celebrity Apprentice. Trump attended Fordham University for two years before
Donald John Trump was born June 14, 1946, in Queens, New York. Donald was an assertive child and his parents sent him to military academy in New York at age 13. Donald did well at the academy and rose as a star athlete and leader. When he graduated in 1964, he entered Fordham University, but 2 years later transferred to the University of Pennsylvania. Where he graduated in 1968 with a degree in economics. Soon after he followed his father into the business of real estate. By 1971 he was eventually given control of his father’s company, and renamed the company trump organization. Through his ownership of the business he was acknowledged for attractive architecture for his recent buildings. In 1977 he married Ivana zelnickova Winklmayr and conceived 2 of Trump’s first children- Donald Jr. and Ivanka Trump. By 1982 he constructed Trump tower which consisted of 58 stories and brought a miraculous amount of attention and envy. When 1988 came he also finally acquired Plaza Hotel for 407 million
Trump was born in the New York City borough of Queens. He earned an economics degree from the Wharton School of the University of Pennsylvania. A third-generation businessman, Trump followed in the footsteps of his grandmother Elizabeth and father Fred in running the family real estate company. He served as chairman and president of The Trump Organization from 1971 until his inauguration as president in January 2017, when he delegated company management to his sons Donald Jr. and Eric. Trump's business career primarily focused on building
Before Donald Trump ran his crusade for the presidency, he was a businessman in real estate, fashion, and many more business. He started in real estate and has become a business mogul. Trump seems to have been strongly influenced by his father for his decision to make a career in real estate development. In 1971 Trump moved his residence to Manhattan, where he became familiar with many influential people. Convinced of the economic opportunity in the city, Trump became involved in large building projects in Manhattan that would offer opportunities for earning high profits, utilizing attractive architectural design, and winning public recognition.
As a young boy, Donald was growing up into a successful life. His father, Fred Trump, was a very wealthy man. Fred trump was an American real estate developer and philanthropist. In the early 1970s, Fred Trump loaned Donald a loan of one million dollars, this would be about 6.8 million dollars in today’s economy. This was the start of a very successful businessman.
Donald Trump inherited his business sense from his father, a self-made man who earned a fortune in the construction business. The son of German immigrants, Fred Trump started his own construction company while he was still in high school. Since he was just 15 years old at the time and his father had recently died, his mother served as his partner. She signed all the checks and contracts for the business, which they called E. Trump & Son.
Donald Trump was born on June 14, 1946. He was raised in New York city. Trump was going to school at Ken-Forest School, when he was 13 he was kicked out due to behavior problems. After that Trump enrolled at a Military School in New York called the New York Military Academy. When Trump was at the military school, he was ranked as one of the highest officers.Trump attended Fordham University in New York for two years, beginning in August 1964. He then transferred to the Wharton School of Finance and commerce at the University of Pennsylvania, which offered one of the few real estate studies departments in United States academia. Trump graduated with a bachelor in Econ. Trump later invested in his father's company and It paid off well, as he
The Trump Empire is the most important company that Donald Trump owns, who is also the CEO of such organization. The Organization is a global leader in property, sales, marketing, and property management. The Organization is responsible for the management of Donald Trump's real estate in New York City, including the Trump International Tower, the Trump Tower, among others. It also oversees hotels, resorts, and the similar, major golf clubs, and other businesses that Donald Trump owns, including the Trump marina casinos in Atlantic City.
Real estate developer Donald John Trump was born in 1946, in Queens, New York. In 1971, he became involved in large, profitable building projects in Manhattan. In 1980, he opened the Grand Hyatt, which made him the city's best-known developer. In 2004, Trump began starring in the hit NBC reality series The Apprentice, which also spawned the offshoot The Celebrity Apprentice. Trump turned his attention to politics, and in 2015 he announced his candidacy for president of the United States on the Republican ticket.
President Trump began his business career in Real Estate working for his father while he was a student. Trump stated that his real estate career was launched with a "small" one-million-dollar loan from his father. However, Trump proved to be more ambitious than his father as he took interest in various building projects around Manhattan and as
Trump reached Florida in 1989 to branch out and purchased Eastern Airlines Shuttle for $365 million. Later, he went to Los Angles to build a 125 story, $1 billion commercial and residential project. These plans soon turned out soar as the real estate market declined. Trump's net worth dropped from $1.7 billion to $500 million, requiring an infusion of loans to prevent the company from disintegrating. He survived this collapse and later reports in 1997 suggest his net worth to be around $2
Donald Trump was born on June 14, 1946, in Queens, New York. He was an assertive child so his parents sent him to a military academy for high school. They hoped that his education there would also discipline him to make him a better child/person. He furthered his education by studying economics at Wharton College at the University of Pennsylvania. In 1971, after he finished college, he took over his father’s real estate company. He renamed the company the Trump Organization. As he was very involved in economics, he would buy many pieces of land and create buildings, mostly in the Manhattan area. Often times, Trump’s business methods and actions have been called into question. For example, in 1973, he was called into question because some of his tenants complained about discrimination towards them by Donald. Another scandal that he has been brought into are the numerous allegations that women have brought up saying that Donald sexually assaulted them, among other inappropriate actions. He married Melania Knauss, his now third and current wife, in 2005. He currently has 5 kids throughout his three wives On June 16, 2015, Trump announced he was running for president. Some policies that are linked to Trump is creating a wall between the United States and Mexico and he often emphasizes deporting Muslims. His policies are often scrutinized for being overly aggressive and unnecessary, linking back to his bias and character. In May 2016, Trump was called the
Donald Trump was born in 1946, in Queens, New York. He was the fourth oldest and has four other siblings. His parents are Fredrick C.,a builder and real estate developer, and Mary MacLeod Trump. He grew up as a very energetic kid and at age 13, Trump was sent to New York Military Academy by his parents in hope bring his energy into something positive. At military school, he was very successful in being a star athlete and student leader. Following graduation, he attended Fordham University, and two years later transferred to Wharton School of Finance, at the University of Pennsylvania. Where he graduated with a degree in economics in 1968. During the summer he worked for his father, then later joined the company Elizabeth Trump and Son. Then in 1971, Donald Trump was given control of the company which he later renamed The Trump Organization. Trump married New York fashion model Ivana Zelnickova Winklmayr, which he had three kids with. In the time being Trump got involved in a profitable casino gambling business and was invested in places like Atlanta City, New Jersey, and Las Vegas. Trump was married two more times, and had one more kid with his third wife. In 2004, Trump began starring in the NBC-TV series, “The Apprentice.” Which he had