Trump his biography. Interesting facts about Donald Trump. Trump Tower Success
Donald Trump, whose biography and achievements are of great interest to this day, is a world-famous businessman. His success story is extraordinary. He did not come from a poor family, who all his life dreamed of breaking out into the people. A biography of a businessman like Donald Trump developed somewhat differently. He has been a millionaire since birth.
His father was a construction magnate who worked in New York. His name was Fred Trump. It was a fairly successful developer, although not so famous. Neat, decent and tough Fred was able to earn about $ 20 million. And Donald, his son, managed to increase his father's wealth by making his family billionaires.
The origin of the future businessman, childhood
On June 14, 1946, Donald Trump was born (his photo is presented in the article). He was not the only child in his family. Mary and Fred Trump had three more children besides him. However, only Donald managed to continue the work of his father, since he was the only one of all who had the aggression and pressure necessary for successful business.
Already from childhood, these qualities began to appear in his character. When Trump was 13 years old, his parents sent him to the New York Military Academy. They decided to take this step largely because their son was practically uncontrollable. A tough environment was needed to curb his temper. Trump learned a lot at the military academy. He later recalled that it was here that he understood how to survive among numerous competitors.
The father had a fairly strong connection with Fred, who felt that it was Donald Trump who would follow in his footsteps. The biography of the son of later years fully confirmed his guesses. Trump followed his father, adopted many skills and qualities from him, including the ability to influence people and motivate them, even the powers that be (for example, local mayors).
Donald Trump, after graduating from the academy, entered Fordham College. However, he did not manage to stay here for long, because he was not at all attracted to college. Donald firmly decided what he would do in the future. Strengthened in his opinion, he entered the University of Commerce, located in Pennsylvania. It was here that the student years of such a successful businessman as Donald Trump passed. His biography of these years is marked by interesting details.
Student years
Donald Trump today is known largely due to a very extraordinary image. It is not only but also a TV star. Donald is the host of the reality show "The Candidate", the theme of which is business. He was married to three women. He is often given the title of playboy. However, oddly enough, in his student years, Donald Trump did not show himself in any way. He did not smoke, did not drink, did not become famous for love affairs. Moreover, Donald generally eschewed student events. His fellow students recalled that all Trump's thoughts at that time were about New York.
First projects
Trump, after graduating from university, began working for his father's firm. Swifton Village is one of the first projects that Donald Trump took part in. His biography interested many businessmen after the completion of construction. Swifton Village is a large complex of 1,200 apartments located in Ohio. The project was marked by the fact that the state decided to finance the work of Fred Trump's firm. Funds were allocated even in a larger amount than was necessary for the construction of the complex, which is quite remarkable. The Trumps loved to carry out socially significant projects, and this more than paid off. Having spent $6 million on the work, they were able to sell the complex for $12 million. That is, they received 6 million.
Donald, working on the first projects, realized that Fred did not want to go further. His father tried to implement projects that were designed for the poor. On the one hand, this had its advantages - lower taxes, assistance from the city leadership. However, Donald understood that big money can only be obtained from rich people who are not used to saving.
Trump has been developing routine projects for some time. He set about making connections (it's good that his father could help him with this). Donald also liked to wander around New York. During these walks, he studied urban architecture. Trump waited, and the wait paid off.
Restoration of the Commodore Hotel
Donald won a tender from a railroad company in 1974 to buy the Commodore Hotel. He was in a very bad condition and could no longer function. Donald undertook to restore it. At the same time, he was able to achieve phenomenal conditions from the city authorities - 40 years to pay reduced taxes for this hotel.
However, Trump's talent for closing deals didn't stop there. Upon learning that the Hyatt Hotel Corporation was looking for a location for a hotel in New York City, Donald offered his services to the company. As a result of all this, in 1980 in the city center, on the site of the old Commodore, there was a Grand Hyatt, restored by Trump.
Soon after this successful deal, all of New York learned about who Donald Trump was. Donald began to gradually make a name for himself.
Skyscraper Trump Tower
His new project brought him even more popularity. It was the Trump Tower skyscraper, located on Fifth Avenue, a tall building with 68 floors. It is interesting how Trump chose the place for its construction. He decided that the building should be opposite the Tiffany store. Donald had two reasons for this:
- wealthy people often pass near this store;
- Tiffany always chooses the best places in the city.
The bet turned out to be correct - the rich noticed the skyscraper. Donald later often recalled the time of his work on this project. He spent 14 hours a day on a construction site, suffered from lack of sleep, and laid off a lot of people. After some time, the project was completed and highly appreciated by the residents of the city.
It must be said that the American businessman Donald Trump made another skillful marketing move - he gave his name to a skyscraper. Already at this time, Donald began to promote the brand of his name. He was ridiculed by the press, saying that Trump was already erecting monuments to himself. It may have been so, but construction firms around the world today are willing to pay huge sums of money to be given the opportunity to use the Trump name in their activities.
Trump Tower Success
Donald soon saw how the rich were spending their money. Expensive apartments and offices in the skyscraper he built were bought up instantly. Trump Tower has become a symbol of luxury. The situation in the New York market quickly began to deteriorate. Donald's competitors began to cut prices, but he did not follow suit. On the contrary, Trump even raised them. The businessman believed that the status for rich people is valued much higher than money. And this calculation of Donald turned out to be correct. The Trump brand soon became a symbol of luxury and skyscrapers in New York.
Achievements in the field of gambling
Meanwhile, businessman Donald Trump began to study the profitable gambling business. He actively began working in this field in 1977 in New Jersey. Trump purchased the land in Atlantic City in 1980. Donald entrusted Robert, his younger brother, with the position of head of the project for obtaining a license for the right to carry out business, the right to land, financing and all kinds of permits. Holiday Inns offered the brothers a partnership agreement. This resulted in the Harrah Casino Hotel in Trump Plaza in 1982. $250 million was invested in this project.
Trump bought out Holiday Inns in 1986 and gave his establishment a new name, the Trump Plaza Hotel and Casino. After the corporations did not agree to issue him a gambling license, Donald also bought out a casino hotel located in Atlantic City, owned by Hilton Hotels. After that, he called this complex, which costs $ 320 million, Trump "s Castle. A little later, the businessman had the opportunity to purchase the world's largest casino hotel, the Taj Mahal, which was under construction. It was opened in 1990.
Unrealized project
Also in the 1980s, Trump purchased an apartment building in New York with the Barbizon-Plaza Hotel adjoining it. This hotel was overlooking Central Park. Trump intended to carry out a large construction project at the site. But the struggle of the residents of the house, who were protected by rent control programs, ended in the defeat of Donald.
Then the businessman decided to reconstruct Barbizon, turning it into Trump Parc. Donald purchased in 1985 about 307 sq. km of land located in the western part of Manhattan. The purchase cost him $88 million. The businessman's plans were to build a Television City complex on this site. It was supposed to consist, according to the project, of a shopping center, a dozen skyscrapers and a park overlooking the river. It was a huge undertaking. The implementation of the project would bring the world the tallest building on earth. However, its implementation did not take place due to public opposition, as well as red tape in obtaining a building permit from the city authorities.
Luck Fails Trump
Fate has not always been kind to a businessman like Donald Trump. His life history was marked by a very difficult period.
The real estate market collapsed in 1990. This resulted in a decrease in the estimated value and profits of Donald's empire. At one point, the value of his $1.7 billion network plummeted to $500 million. To keep the business from collapsing, Trump had to make a lot of outside injections. Because of this, rumors spread that Donald's company went bankrupt. Some see the fall of Donald Trump's empire as a symbol of what's in store for the economic, social, and business giants that emerged from the '80s.
Maybe the rapid success blinded Trump. His business was built on a rather risky basis: Donald took money from banks to buy his projects and build. Trump has always been successful, which reduced the vigilance not only of him, but also of creditors. They began to give money to a businessman just for his name. As a result, the billionaire Trump, whose biography is marked by many successful transactions, began to understand their essence less and less. He became the owner of a football team, several golf clubs and casinos in Atlantic City, an airline, not very profitable construction projects, a brand of vodka, a huge yacht called the Trump Princess, groceries, etc. Meanwhile, a real estate crisis was brewing, which we talked about . As a result of all this, Donald has a debt of 9.8 billion dollars!
The press hit the businessman most severely at that moment. The newspapers wrote that Donald was left with luck, that he left the game, loosened his grip and much more. Of course, it hurt his ego. Donald was getting nervous. Lenders barely managed to beg to wait. Trump even decided to include his real estate in the cost of the loan - a huge skyscraper located in the city center. Donald found himself in a situation where all his wealth could collapse overnight. Moreover, there would be nothing left of Fred's business, which was the basis of everything that Trump has achieved. The situation was aggravated by the fact that a businessman like Donald Trump began to have big problems in his personal life. A photo of him with Ivana, his first wife, is presented below.
Donald's wife (supermodel from Czechoslovakia), who gave birth to three children to the businessman, suddenly lost interest in her husband. Constant quarrels began, ending in a divorce, which also required additional expenses.
Trump rehabilitation
However, Donald still managed to gradually get out of the crisis and pay off his creditors. Of course, most of his business was lost, but it is unlikely that the billionaire Donald, who was already estimated at $ 2 billion in 1997, would greatly regret the rest of the money.
New projects
Donald Trump in 2001 carried out a rather bold project. He decided to build the 72-story Trump World Tower opposite the tall 50-story UN building. opposed this, but Donald did not stop his statement.
Today, Donald Trump, whose success story has become world famous, is also the owner of the Taj Mahal, one of the largest casinos in all of Atlantic City. Speaking about the history of his purchase, it should be noted that Donald was helped here by connections with the city authorities. He was one of the first to know that it is planned to make the second Las Vegas out of this place, so land prices will be underestimated. In addition to the casino, Donald also has his own golf course, as well as a number of clubs that are very popular. Interestingly, casinos once played a key role in Trump's life. It was they who became the main source with which the businessman repaid loans.
TV appearances, political activities
Donald Trump, according to a study conducted by Forbes magazine, is the most famous entrepreneur in the United States. He is even more famous than Steve Jobs and Bill Gates. How did he manage to gain such popularity? Probably thanks to television. Trump is a frequent guest on the American NBC channel.
The businessman in 2003 began to host his reality show "The Apprentice". Its participants are given special tasks. If they are solved, the winner is guaranteed the position of a top manager in Trump's firm. The show became very successful and brought a lot of fame to Donald. At the same time, Trump became the highest paid presenter in the United States. For each release of this TV project, his fee is estimated at $ 3 million.
Trump loves a beautiful life and loves luxury. By the way, it is Donald who arranges the Miss Universe contest. A rich and famous businessman, he became a real favorite of the people. Donald became famous for his ability to speak to the public. Several times he tried to nominate his candidacy for the presidency of the United States. Trump has written numerous bestseller business books.
In 2012, the American businessman returned to the political arena. He said that he was going to put forward his candidacy for the presidency. However, his association with a radical "born" group that believes Barack Obama was not born in the US has discredited him as a politician. Despite this, Trump continues to have rather harsh remarks about the current president of America. And not only about the place of his birth, but also on the many points of the policy pursued by him.
Personal life
In the personal life of this entrepreneur, not everything is going smoothly. Donald Trump has repeatedly admitted that he has a great passion for beautiful girls. But he never managed to build a happy family. From his first marriage to Ivana, he had three children. However, they did not keep the family from breaking up. Pictured below is Donald Trump and his family. The photo is from the 1980s.
Donald married an actress in 1993. The daughter was born to the couple 2 months before the wedding. But this marriage was not destined to be the last. In 1997, the divorce proceedings between the spouses began, which made a lot of noise. It ended only in 1999. Maples received $2 million from the prenuptial agreement.
In 2005, Donald decided to marry again. His wedding to Melania Knauss, a famous model from Slovenia, was a big event in the celebrity world. In March 2006, Barron William Trump was born - the firstborn of Melania Knauss and the 5th child of a businessman. Pictured below is Donald Trump and his wife.
It is not known whether this marriage will be strong. American billionaire Donald Trump, whose biography has developed so successfully, is no longer young. He once said of his problems with his ex-wives that it was hard for them to compete with what Trump loves the most. Business has always been in the first place in the life of this entrepreneur, and his spouses were forced to put up with it. Otherwise, it could not be in the life of a billionaire keen on real estate.
Trump Dream
Today, few people do not know who Donald Trump is, especially in the United States. However, despite his huge fortune and advanced age, he still has an unfulfilled dream - to create a project that will forever inscribe his name in world history, which will be talked about for centuries. Well, let's see if this ambitious idea can be realized by such an outstanding businessman as Donald Trump. The biography and achievements of this person allow us to assert that he is capable of much.
The biography of the 45th President of the United States Donald Trump is interesting both in terms of his business and in terms of the details of his personal life and political career. And this is not at all surprising, given the peculiarities of the extraordinary personality of the entrepreneur who became the head of the American state.
Donald Trump is a hereditary entrepreneur, more recently one of the largest politicians in the world by virtue of his position. Consider the key facts from his biography.
The newly elected head of the American state was born on June 14, 1947 in New York, in the construction business, and his wife Mary McLeod. Donald was one of 5 children born in the family.
At the age of 13, the future US president was sent to study at the New York Military Academy. He studied there very successfully. After graduating from the Academy in 1964, Donald entered Fordham University (New York), after which he entered the Wharton School of Business (University of Pennsylvania), from which he graduated in 1968.
Business
Let's start our consideration of the key facts from the biography of Donald Trump by studying the history of the emergence of his business empire.
Trump met big business when he started working as a student at Elizabeth Trump and Son, founded by his grandmother and father in 1923. This firm specialized in mid-range real estate transactions located in various areas of New York.
Subsequently, the family corporation was renamed The Trump Organization. In 1972, the future tycoon made the first multi-million dollar deal in the real estate market, participating in the sale of a respectable residential complex in Cincinnati (Ohio).
A young businessman gets into his Cadillac with a DJT nameplate to go to work. 1973
Mostly, Trump was engaged in real estate activities until the end of the 1980s. But, along with this type of commerce, the entrepreneur also masters the gambling business. Having entered into a partnership deal with the Holiday Inn Corporation, which owned the Harrah's hotel-casino chain, in 1984 Donald built the $250 million Harrah's at Trump Plaza hotel complex.
Later, the entrepreneur buys out a share in the project in full, after which the complex is renamed the Trump Plaza Hotel and Casino. In 1985, Trump opened another major complex, Trump's Castle in Atlantic City, worth $320 million.
In 1989, the businessman acquires several as a fleet for his own Trump Shuttle airline, which is present on the market until 1992, when the rights to it began to be transferred to US Airways in the course of a chain of transactions (the airline's assets were completely bought out by US Airways in 2000).
In 1990, the entrepreneur opens another casino - Trump Taj Mahal in Atlantic City. Trump subsequently concentrates this facility and other major assets in the jurisdiction of Trump Hotels and Casino Resorts, registered in 1995.
Entrepreneur in front of Taj Mahal Casino Hotel
In the mid-90s, the media business began to play an important role in Trump's activities. In 1996, the American buys the rights to organize the Miss Universe, Miss USA and Junior Miss USA contests. The businessman owns these show business brands until 2015.
In 2003, the entrepreneur becomes an NBC channel partner and becomes the producer of the reality show "The Apprentice" (The Apprentice), which becomes an extremely successful project. Its continuation is the new show The Celebrity Apprentice.
In 2004, difficult times come for Trump Hotels and Casino Resorts: the company goes bankrupt, but soon exits it, however, under a different name - Trump Entertainment Resorts Holdings. In February 2016, this corporation is bought out by Icahn Enterprises.
The Trump Organizations continues to be the main business of the 45th President of the United States. The total value of the assets of this corporation, according to Forbes, is about 4.5 billion US dollars.
Donald Trump remains the owner of The Trump Organization even after taking office as the head of the American state. He delegated key positions in the company's management system to his sons Donald, Eric and the financial director of The Trump Organization, Allen Weisselberg.
Political career
The first thoughts about a possible participation in the US presidential election were voiced by Trump during the 2000 election campaign. In the sources of Trump's biography in Russian, very little is known about the entrepreneur's involvement in earlier significant political processes. The businessman ran in the California primary in the 2000 campaign, but voter turnout was low and he put off actively engaging in a political career.
Until 2010, with varying degrees of intensity, entrepreneurs participated in political processes both on the side of the Democrats and on the side of the Republicans. In 2010-2012, Donald publicly announced his desire to participate in the presidential election. He began to become active in the foreign policy arena, supporting Israeli Prime Minister Benjamin Netanyahu in the 2013 elections.
In the 2016 campaign, Trump managed to become the main candidate for the presidency of the United States from the Republican Party. In November 2016, he defeated Democratic nominee Hillary Clinton. In January 2017, he officially took office as the head of the American state.
The elected 45th President of the United States, his son Barron and wife Melania
Personal life
We will also briefly study Trump's biography in terms of his personal life.
In 1977, Donald married model Ivana Zelnichkova, who was a substitute for the 1972 Czechoslovak Olympic ski team.
A young entrepreneur with his wife Ivana
The couple had three children - and Eric. The wife of the entrepreneur took the position of vice president at The Trump Organization and was actively involved in the business. The marriage was annulled in 1992.
In 1993, the American actress Marla Maples became the wife of a businessman.
Donald Trump and his second wife, Marla
2 months before the wedding, Marla gives birth to a daughter from Donald. In 1999, the couple divorced.
In 2005, Trump marries a model from Slovenia.
Businessman and his third wife, Melania
In 2006, the couple had a son, Barron William Trump.
Now the eldest children of the 45th President of the United States, and Eric, work in senior positions at The Trump Organization.
Donald John Trump, 45th President of the United States, formerly a prominent construction magnate and television and radio celebrity. As a multi-talented and energetic person, Donald Trump tested himself in many guises. Success in urban planning, on television, the organization of various reality shows, beauty contests - he succeeded in everything, and if there were difficulties, then with real American optimism he continued to move forward.
Finally, deciding to try his hand at politics, Donald Trump declared himself the Republican Party's presidential candidate for the United States. Having won many primaries, he became the official presidential candidate on July 16, 2016, and in November of the same year became the 45th President of the United States, after defeating a representative of the Democratic Party Hillary Clinton .
Childhood, education of Donald Trump
Donald Trump as a child (Photo: wikipedia.org)
Trump's father Fred Christ Trump(10/11/1905 - 06/25/1999), mother - Mary Ann Macleod(05/10/1912 - 08/07/2000). Donald Trump's paternal grandparents are German immigrants. Trump's grandfather Frederick Trump(born Drumpf) (03/14/1869 - 03/30/1918). Came to the USA in 1885, received citizenship in 1892. Grandmother - Elizabeth Christ (10.10.1880 — 6.06.1966).
The parents of the future president got married in 1936. Mary Ann bore Fred five children: three sons - Fred Jr., Donald, Roberta and two daughters: Marianne And Elizabeth. Sadly, Fred Jr. has died. According to Donald Trump himself, his brother had problems with alcohol and smoking.
Donald Trump was an overly active and restless teenager in his youth. The future president even ran into problems because of this. when he attended Kew Forest School in Forest Hills. His parents sent him to a private boarding school - the New York Military Academy ("New York Military Academy") and were not mistaken. Donald liked this school, he played football, baseball, had awards.
Donald Trump with his parents at the graduation from the New York Military School (Photo: wikipedia.org)
In his book The Art of the Deal, Trump, recalling his youth, noted that after graduating from the military academy in 1964, he even thought about entering film school, but nevertheless decided that "real estate is a more profitable business." It was not difficult for him to come to this idea, since his father worked successfully in real estate.
Donald graduated from the Wharton School of Business at the University of Pennsylvania in 1968 with a Bachelor of Science degree in economics and a major in finance, after which he focused on a business career.
Career, business of Donald Trump
Donald Trump started out renting middle-class homes while working for his father's firm. One of his first projects, when he was still a student, was the modernization of the 1,200-unit Swifton Village complex in Cincinnati. The Trump Organization, thanks to the efforts of a young entrepreneur, sold it for $12 million (with a net profit of $6 million).
In 1971, Donald moved to Manhattan. He had the sharp eyes of a businessman already in his youth. He gained popularity with the renovation of the Commodore Hotel and the opening of the Grand Hyatt, and became a well-known urban planner in New York.
Donald Trump with his father (Photo: wikipedia.org)
While continuing to work in the construction business, he rationally estimated the cost of his projects. The Jacob Javits Convention Center project was estimated by Trump at $110 million, while the city's estimate ranged from $750 million to $1 billion. His project was not accepted. The city also attempted to reconstruct the Wallman Rink in Central Park. The project began in 1980 and was designed for 2.5 years. However, having spent 12 million dollars on it, the city authorities did not finish it by 1986. Donald Trump offered to accept the facility under construction for free in order to continue work for his own money, but he was again refused. As a result of the intervention of local media, he received a building permit, which he completed in 6 months, while saving $750,000 of the $3 million budgeted.
However, the business was not without difficulties. In 1989, Trump was unable to repay loans due to the financial crisis and the craving for high-interest "junk bonds". In 1991, mounting debts due to the $1 billion construction of the third Trump-Taj Mahal casino brought not only Trump's business to the brink of bankruptcy, but also him personally. Donald Trump got out of the situation by giving away half of the stake to the original bondholders in the Citibank casino and hotel in exchange for favorable repayment terms on these loans.
Until the late 90s, Trump had a difficult business situation, although he diligently got rid of debt and continued to be a successful real estate developer. At the same time, there were different assessments of his condition in the news about Trump, and so far the media are rarely unanimous in determining how rich Donald is and how much money he has at the moment. According to Trump's declaration of May 2016, the lower limit of his fortune is 1.5 billion. According to media estimates, his fortune is in the range of 3-4 billion. Only the TOP 10 most expensive real estate properties of a businessman are estimated at $ 2.5 billion.
Donald Trump in front of his buildings in Manhattan (Photo: wikipedia.org)
Donald Trump presidential race
Trump became interested in politics in 2000, when he participated in the primaries from the Reform Party. But Donald really broke into the political life of the United States and the world after 15 years. On June 16, 2015, Donald Trump at his headquarters officially announced his intention to become a candidate for the US presidency from the Republican Party, and from that moment on, news about Trump gradually conquered the information space of the planet. “I will be the greatest president ever created by God,” he informed his associates. "Make America Great Again" was his campaign slogan.
At the Republican Party Convention in July 2016, Donald became the official Republican presidential candidate. Then there was the final spurt, during which the businessman Trump bypassed the politician Hillary Clinton, whom many predicted victory. In the November 8, 2016, presidential election, Donald Trump passed the 270 electoral college votes required to win (he received a total of 306 electoral votes).
After the inauguration on January 20, 2017, Trump's enemies did not calm down, they behaved obscenely aggressively. A whole campaign was launched regarding Donald Trump’s ties with Russia, while opponents did not disdain the dirtiest provocations, such as a pseudo-spy report about a businessman spending time with prostitutes in Moscow, where he visited the Miss Universe 2013 contest in 2013. President of Russia Vladimir Putin in an interview with a CNN journalist, he said that these scandals speak of the degradation of the US political elite, and Putin said about customers for "compromising evidence" that they themselves are "worse than prostitutes."
Trump's election campaign (Photo: AP/TASS)
Scandal with Zelensky, threat of impeachment
A big scandal in the United States in the fall of 2019 was caused by news after a conversation between the American leader and President of Ukraine Volodymyr Zelensky, during which Trump allegedly demanded an investigation against Hunter Biden, the son of US presidential candidate Joe Biden.
After that, Democrat Nancy Pelosi, Speaker of the House of Representatives of the US Congress, announced that Congress would begin impeachment proceedings against Trump.
Former US presidential candidate Hillary Clinton accused US President Donald Trump of betrayal. On her Twitter page, she stated that Trump betrayed his country.
“This is not a political statement, this is a harsh reality, and we must act,” Clinton said.
In addition, Clinton said that Trump threatens the values that make Americans strong and free, so she supports the decision to impeach the president.
The majority of Democrats in the House of Representatives called for the impeachment of Trump after his conversation with the President of the Independent, Volodymyr Zelensky. The impeachment of the American leader was supported by 218 Democrats out of 435 members of the House.
On September 27, the House of Representatives of the US Congress rejected a resolution against the start of impeachment proceedings against US President Donald Trump.
According to the news, 184 Republicans were in favor and 222 Democrats were against.
Conflict with Iran
Donald Trump's official account
Donald Trump - the infamous billionaire, financial analyst, businessman and one of the most influential people in world business, was born on 06/14/1946 in Queens.
Childhood and youth
In the same small town, the childhood and school years of the future billionaire passed. By the way, he got a completely non-American surname from his grandparents, Germans by origin, who emigrated to America back in the 20s. His parents were already Americans, which gave Trump the right to participate in the presidential race.
Very little is known of exact biographical facts from his childhood. He did not study well at school, preferring to study only those subjects that were of interest to him. But sport was an important part of his life from an early age. In his youth, he grew up very mobile, so his parents tried to give this energy a non-destructive outlet for the family.
He changed a fairly large number of different circles and sections. It was there for the first time that two very important traits of Trump's character appeared. First, he liked to win. He did everything possible and impossible to be the best. And he succeeded in this - in the Trump collection there are several sports awards and cups.
His second trademark was that everything he did, he did with passion and full dedication. He was not afraid to give all his best, take risks and go for broke. Perhaps it was these features that allowed him to make a multi-million dollar fortune in just a couple of decades. But first things first.
business start
Nowhere and never did Trump say that he made his fortune “from scratch”. Although, due to the impulsive nature of his character, during the period of active becoming at zero, it turned out to be more than once. Having risen at the helm of the family business with his father, he began to rent real estate with its subsequent delivery.
Donald Trump (left) gets to work on the family business
This business brought a stable, but not too big income. Therefore, less than 10 years have passed since Trump moves to Manhattan, having decided that it is much more profitable to build and sell houses than just rent them out. Having neither an economic nor a construction education, not yet knowing all the intricacies of this market, Trump, in fact, went by trial and error.
There were more mistakes in the beginning. Over the next 20 years, his companies (by the way, already having millions of dollars in profits!) Turned out to be on the verge of bankruptcy. And each time he found the strength and courage to start all over again. Over time, the situation leveled off and by the early 2000s, Trump had already established himself as one of the most successful and wealthy people in the United States.
New millions
Trump's next hobby was the gambling business. With high incomes, Trump could already afford to buy unprofitable hotels and organize casinos and gambling centers there. This began to bring fabulous incomes, and Trap's capital began to grow rapidly. Moreover, he himself was not a gambler - but the owner of the casino always wins.
However, it turned out that the hotel business also brings excellent income. Therefore, Trump's network of fashionable hotels has been constantly expanding. He made more and more new investments, which paid off very quickly. And even unexpected blows of fate could not knock Donald Trump off his path, along which he rushed like a fast train, sweeping away everything in its path.
For example, in 1989, a plane crashed tragically killing three of Trump's top financial managers, whom he had great confidence in. It took him about three months to recover from the loss.
The global financial crisis that erupted in the early 90s also hit the Trump empire. The real estate market just collapsed in a matter of months. Then it was possible to buy the most luxurious houses at the lowest price, but it was almost impossible to sell anything.
And since Trump almost never worked on his own money, the time came when creditors began to demand a return on their investments. Almost a billion dollar debt was formed.
To get out of a difficult situation, he had to sell most of the shares of his two most expensive hotels, but his plans already included a grand casino in Atlantic City.
With great difficulty, he managed to convince investors of the high profitability of this project, and in the end he received a delay, due to which he was able to improve his business in just a few years.
Being a passionate supporter of the modeling business, he organized the Miss Universe modeling center, which held annual world-class competitions, gathering the most beautiful girls from around the world. Naturally, many of them then remained to work in Trump's agency, bringing him fabulous profits.
So he was able to realize another of his passions and surround himself with the most charming models in the world, one of whom later became his wife.
Personal qualities
Undoubtedly, Donald Trump is a very bright and extraordinary personality. And such people rarely go unnoticed. They are always talked about. Good or bad is another matter. So Trump's life has always been in sight. Being constantly under the guns of cameras and surrounded by nosy paparazzi, Trump nevertheless always remained himself.
Having once decided that he was not going to adapt to this world, Trump simply decided to remake it for himself. It cannot be said that he succeeded in everything, but the ability of this person to directly influence global events is beyond doubt.
Moreover, he does not hesitate to talk aloud about his successes and failures in business and writes books from which aspiring businessmen can learn very valuable lessons.
The ambitious Donald Trump is not shy about calling himself the most famous person in the world. However, this is far from bragging - this statement is confirmed by several opinion polls conducted in the United States. Yes, and in the world this name often sounds from TV screens, and from time to time it is heard by everyone in connection with scandals or interesting facts from the life of a billionaire.
Very often in interviews, journalists ask him the same question: "What is the secret of Donald Trump's success"? His answer is unchanged: "In myself!". And also in his crazy performance. In difficult periods, he could work 20 hours a day, forgetting about women, entertainment and gambling.
He never made decisions he wasn't sure of, and he never made a move in business that wasn't thought out carefully. Trump's participation in the presidential election was the same thoughtful step.
Donald Trump, his wife Melania (left) and model Heidi Klum
For the first time he was asked a question about whether he plans to become president still young Oprah Winfrey more than 20 years ago in one of the TV shows. Then he replied that he would nominate his candidacy for elections only if he was one hundred percent sure of victory. Apparently, now the moment has come.
Only a few tenths of a percent brought victory to Trump, but he himself and his team firmly believed in success.
Interestingly, even this triumph Trump got with a scandal. His victory stirred up a wave of mass protest across America, which was raised by supporters of his main political rival, who did not expect Trump to win. But the law is inexorable, and the extraordinary billionaire has become the full owner of the Oval Office for the next 4 years.
Personal life
The personal life of such an extraordinary personality as Donald Trump cannot be boring. Moreover, he himself often said that there were two weaknesses in his life: beautiful women and beautiful shoes. It cannot be said that he changed women as often, but in his life there were three legal spouses (the number of extramarital affairs is not known for certain).
Donald Trump with his first wife Ivana
The first two marriages quickly ended in divorce. And each of their three wives gave him heirs. The billionaire has five children who received excellent education and now have their own businesses. And most recently, his eighth grandson was born.
The third wife of Trump and today the first lady of the United States was a well-known model in the past, who is 24 years younger than him, the Slovenian business lady Melania.
At the age of 13, his parents sent Donald to the New York Military Academy. At the academy, Trump achieved great success: by the time he graduated in 1964, he had become a brilliant athlete and leader among students. After that, Donald entered Fordham University, but soon transferred to the Wharton School of Finance at the University of Pennsylvania, from which he graduated in 1968.
After graduating from university, Donald began working in his father's company, in 1975 he became its president and changed the name of the company to Trump Organization.
In 1971, Trump moved the company's office to Manhattan. One of Trump's first independent projects was the construction of a business center on a piece of land from the bankrupt Central Railroad in the western part of Manhattan.
In 1974, Trump purchased one of the Penn Central hotels, the Commodore, which was unprofitable but had a good location in close proximity to Grand Central Station in New York. In 1975, Trump signed a partnership agreement with the Hyatt Hotel Corporation. When the new hotel, renamed The Grand Hyatt, opened in 1980, it immediately gained widespread popularity. Donald Trump's next project made him famous throughout New York - it was the 58-story skyscraper Trump Tower on 5th Avenue, opened in 1982.
Subsequently, the businessman continued to call his further projects by his own name: Trump Parc, Trump Palace, Trump Plaza, The Trump World Tower and Trump Park Avenue, Trump International Hotel & Tower, The Trump Building, etc.
In 2004, Trump became the executive producer and host of the NBC reality show The Apprentice. The show had high ratings and was nominated for three Emmy awards.
Trump also hosted The Celebrity Apprentice for several years.
In 2005, Donald Trump launched his own clothing line Donald J. Trump Signature Collection, and later the businessman began producing household goods under the Trump Home brand. In 2012, Trump partnered with PARLUX to launch his own fragrance, Success by Trump. In 2015, the second fragrance, Empire, was released under the brand name Trump.
Donald Trump is the author of a number of best-selling business books, including The Art of the Deal (1987), Survival at the Top (1991), The Art of Comeback (1997), The America We Deserve (2000), "How to get rich" (2004), "Trump: the way to the top" (2004), "Trump: Think like a billionaire" (2004), etc.
On June 16, 2015, Donald Trump officially announced his candidacy for the presidency of the United States.
On May 26, 2016, he announced that he had managed to garner enough delegate votes to run as the Republican Party nominee for President of the United States. According to the Associated Press, Trump has enlisted the support of 1,238 delegates to the convention, 1,237 votes are needed to be nominated.
On July 19, 2016, the U.S. Republican Party Convention approved Trump as the presidential candidate.
On November 8, 2016, Trump won the US presidential election, gaining 306 electoral votes from the states (against 232 from Democratic candidate Hillary Clinton) with a minimum of 270 required to win. At the same time, almost three million Americans more directly voted for Clinton than for Trump.
On December 19, the Electoral College voted in the "second round" of the US presidential election and confirmed the authority of Donald Trump as head of state. Moreover, according to the results, the elected president even increased his advantage, the ratio became 304 to 227, that is, Trump strengthened the victory by three votes.
On January 6, 2017, the US Congress at a meeting of both chambers formally approved the results of the presidential election, which was won by Donald Trump. The vote took place against the backdrop of protests in the hall.
US President-elect Donald Trump at the first press conference in his new capacity announced that he was leaving the business and transferring control of the Trump Organization to his sons, Eric and Donald Jr.
Trump's spokesperson, lawyer Sheri Dillon, said that all assets of US President-elect Donald Trump will be placed in trust before the inauguration, Trump's company will also not enter into any contracts abroad during his presidency, and domestic transactions will be held under strict control for conflict. interests. Trump will have no contact with his company, nor will he give up his assets.
In December 2016, Trump was named Time magazine's Person of the Year.
Donald Trump is married to Melania Knauss for the third time. The businessman has five children.
At the beginning of 2017, Forbes estimates Donald Trump's fortune at $3.7 billion. In 2016, his fortune was estimated at $ 4.5 billion, he was ranked 113th in the ranking of the richest people in the United States, and in the ranking of the richest people on the planet he was in 324th place.
The material was prepared on the basis of information from RIA Novosti and open sources