The Presidents of the USA


 
 
 

Biography

 
45
Donald Trump
R R R R R
 
2017
 
 


Born June 14, 1946, New York, NY
Political PartyRepublican
EducationFordham University
University of Pennsylvania
Military servicenone
Previous public officenone
picture of Donald Trump



Synopsis

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 , 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. After winning a majority of the primaries and caucuses, Trump became the official Republican candidate for president on July 19, 2016.

In November 2016, Trump was elected the 45th President of the United States, after defeating Democratic candidate Hillary Clinton.




Trump business history
  • He joined his father’s company, ‘Elizabeth Trump and Son’, while still in college. The company focused on middle-class rental housing in Brooklyn, Queens and Staten Island.
  • He became deeply involved and with a $500,000 investment, turned the 1200 unit apartment complex in Cincinnati with a 66 percent vacancy rate to 100 percent occupancy within two years.
  • In 1971, he moved to Studio apartment in Manhattan, New York and became involved with larger building projects. In the following year, he finalized first multi-million dollar real estate transaction with the sale of Swifton village in Cincinnati, Ohio.
  • In 1985, he bought Mar-a-lago estate in Palm beach, Florida and renovated the Barbizon hotel and 100 Central Park South.
  • In 1988, he bought the Plaza Hotel in New York City.
  • In 1989, he bought a fleet of Boeing 727 airplanes to form Trump air shuttle service. Unfortunately a helicopter crash killed three Trump casino executives which lead to big issue.
  • By 1989, poor business decisions left him unable to meet loan payments but he somehow financed the construction of his third casino, the $1 million Taj Mahal, with high-interest junk bonds. The increasing debt soon brought him to business bankruptcy.
  • In 1990, he regained his previous stable financial position and fame and opened the Trump Taj Mahal casino in Atlantic City. Soon he gained approval for Riverside south development of West Side rail yards.
  • In 1996, he got the ownership of Miss Universe Organization which produces the Miss Universe, Miss USA, and Miss Tean USA pageants.
  • In 2003, he became joint partner with the National Broadcasting Company (NBC) where he became the executive producer and host of the NBC reality show, ‘The Apprentice’ which became a huge success. Following its success, he co-produced a show, ‘The Celebrity Apprentice’ along with British TV producer Mark Burnett.
  • On October 21, 2004, Trump Hotels and Casino & Resorts declared a restructuring of its debt which led to a reduction in his individual ownership from 56 percent to 27 percent. The company applied for Chapter 11 Protection in November and soon the company re-emerged from bankruptcy as ‘Trump Entertainment Resorts Holdings’.
  • He marketed the Trump name on large number of products, including ‘Trump Financial’, ‘Trump Sales and Leasing’, ‘Trump Entrepreneur initiative’, ‘Trump Restaurants’, ‘Go TRUMP’, ‘Donald J. Trump signature collection’, etc. Moreover, he also received $1.5 million for every one-hour presentation he did for ‘The Learning Annex’. He also has a business simulation game called ‘Donald Trump’s Real Estate Tycoon’.



 
 
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