Donald John Trump, Sr. was born on June 14th 1946 in Queens, New York. Trump is a very well-known name throughout the world today and has proven to be an excellent example of an American success story.
Donald Trump has become a household name for the following reasons:
- His keen eye for highly profitable business ventures and investments
- His creation of the Trump Empire
- His role in the reality shows titled ‘The Apprentice’ as well as ‘The Celebrity Apprentice’.
- His role on this show made him famous for the following saying: ‘You’re fired’.
- He is the chairman and CEO of the Trump Organization, which controls over 100 organizations.
- He is part owner of several beauty pageants such as; Miss Universe, Miss USA and Miss Teen USA.
- Trump gained a star on the Hollywood Walk of Fame in 2007
- In 2011 he made it onto the Forbes 100 Celebrity list.
- Today Trump is considered to an exceptional author, with over 15 fifteen bestsellers under his belt. One of his well-known books is titled “Think Like a Billionaire: Everything You Need to Know About Success, Real Estate, and Life."
- As of 2014, Forbs estimated that Donald Trump net worth was valued at around $3.9 billion.
- He has shown a keen interest in running for president over the years. Who knows, maybe in 2016 we will see Donald Trump president of the United States.
Trumps Personal Life
- Trump was born into a family of successful entrepreneurs
- He graduated in 1968 with a Bachelor of Science degree in Economics, from the Wharton School of finance at the University of Pennsylvania.
- He has been married three times. His first wife was Ivana Zelnickova, his second wife Marla Maples and his third wife was model Melania Knauss.
- He has a total of five children.
Snippets of Trumps Career
- Initially Trump worked for his dad in the family business. This business focused on middle class rentals in Brooklyn, Queens and Staten Island. It was called 'Elizabeth Trump and Sons'
- In 1971 he moved to Manhattan and began creating valuable connections with a number of influential people in the community. He got involved in a number of large real estate projects that promised rewarding profits.
- Trump saw New York as the city with the money, the place where he would need to invest the majority of his time and energy.
- He made his mark on New York in a number of ways - He convinced the city that it was important to build a convention centre on an old rail yard. He also worked hard to have the Bankrupt Comodore Hotel renovated, which later became known as the Grand Hyatt Hotel. These two projects ensured that his name became well-known and that people knew he meant business.
- He had his one of his ultimate moments when he established the Trump Tower on fifth avenue New York.
- Trump targets all of his developments towards the more affluent markets
- In 1971 he established the Trump Organization
- Around 1977 he gained interest in the the gambling industry
- In 1982 he was awarded his gambling license from New Jerseys Casino Control Commission
- In 1985 he bought the Hilton Hotel and Casino and renamed it Trump’s Castle, which was later renamed Trump Marina
- In 1986 he bought the Holiday Inn and renamed it Trump Plaza Hotel and Casino
- Trumps third purchase in Atlantic City was the unfinished Taj Mahal
- During the early 80’s the real estate business was booming, much to Trumps advantage
- He faced ups and downs throughout his career, nearing bankruptcy a number of times.
- In 1990, we were first exposed to Trumps financial problems. Perhaps this was the result of a few poor decisions.
- In 2005 Trump added more brands to the Trump Organization, he launched his signature clothing label and later on included the brand Trump Home
Donald Trump brands have on the whole proven to be very successful. This is due to the fact that the Trump name is one that represents luxury, as well as exceptional quality and style. All Trump products represent a brand that is sophisticated, targeting individuals who fall within more affluent markets.
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Donald Trump: Trump Entertainment Resorts
Trump Entertainment Resorts previously went by the name Trump Hotels and Casino Resorts. Donald Trump was the founder of this company, and was also the chairman of the board of directors until he resigned in 2009. When Trump Hotels and Casino Resorts was established in 1995, Trump immediately began issuing shares on all of his Atlantic City Holdings. The company landed up filing for bankruptcy a number of times. After filing again in 2004, they changed their name to Trump Entertainment Resorts. Trump stepped down from his role as CEO, and with that his shares went from 56% to 27%. He served as Chairman of the Board until February 2009. In 2009 Trump Entertainment Resorts filed for bankruptcy for the third time. The Trumps however quit before the filing was made. Donald offered to buy the company and take it private but when this offer was declined he completely removed himself from the company.
In 2014 Trump filed a lawsuit demanding that his name be removed from Trump Plaza Hotel and the Trump Taj Mahal. He argued that he was no longer involved in these properties and they no longer measured up to the luxurious and exclusive brand image that he represents. Trump said the following, “Other than the fact that it has my name on it – which I’m not thrilled about – I have nothing to do with the company.” If you take a look at the Trump Entertainment Resorts website today you will see a recommendation from Donald Trump himself - “The Trump casinos in Atlantic City are among the finest and most luxurious resorts you’ll find anywhere in the world. I personally invite you to experience everything that we have to offer.” It is a wonder if he knows that this is still on the website…
Donald Trump’s Children
- Donald Trump Jr
Donald Trump Jr officially joined the Trump Organization in 2001. Donald JR, has been extensively involved in a number of Trump real estate projects since he joined his father’s company. In addition to Trump Jr’s real estate knowledge, he is also an excellent public speaker. He has given many speeches over the years and is also a star in the show the celebrity apprentice.
- Eric F Trump
Eric F Trump joined the Trump Organization in 2006. Eric has been successfully involved in the establishment of the Trump Hotel Collection. Eric is also directly involved in the management of the Trump International Hotel Las Vegas, highly acclaimed as one of the most famous hotels on the Las Vegas Strip. He has also played a pivotal role in the establishment of Trumps golf course portfolio. In 2006 he established the Eric Trump foundation in order to raise funds to assist children in need at St. Jude Children’s Research hospital in Memphis.
- Ivanka Trump
In 2005 Trumps daughter, Ivanka Trump joined the Trump Organization. Ivanka’s focus is on expanding the Trump Hotel collection into international markets. She is also directly responsible for the interior decoration of all Trump hotels. In 2012 Ivanka launched ‘Trump International Realty’ - a luxury brokerage business. Ivanka Trump Fine Jewellery was launched in 2009, with boutique stores in SoHo, New York, and Beijing. Ivanka also has her own range of handbags, shoes and other accessories. As can be seen as a Trump trend, Ivanka has also featured on the Celebrity Apprentice. In 2010 Ivanka became a founding partner of U.N. Foundations Girl Up Initiative. This initiative aims to recruit other young women who will to assist with U.N. programs for girls in developing countries.
Trump Hotel Collection
The Trump Hotel Collection was established in 2007. This brand offers a list of hotels that provide the best in luxury and hospitality to their guests. This brand falls directly under the Trump Organization and is managed and controlled by Trump and three of his children. Their portfolio of properties includes locations like; New York City, Waikiki, Panama, Toronto and more. One of the main hotels within this brand is the Trump Las Vegas Hotel. This hotel is located in the centre of everything in Las Vegas, only footsteps away from some of the best nightlife, entertainment and gambling that can be found in the city that never sleeps. If you're thinking about taking a trip to Las Vegas, we recommend you read this article to find out all there is to know about what to do in Vegas. According to the Trump family, “If you can’t always get what you want, you must be staying somewhere else.’ This is how they describe their Las Vegas Hotel.
Trump International Golf links
As if Trump didn’t already have his hand in enough pots, he has also added golf courses to his portfolio. In 2006, he set out to create one of the best golf courses in the world. Trump was very keen to look at Scotland as a top venue for his golf courses. The reason for his interest in this location is that his Mother was born in Scotland. Mary Anne Macleod was his mother and she grew up in Stornoway on the Isle of Lewis.
The Ups and Down Of Donald Trump
This list could go on and on as it seems Trump has a long list of notches under his belt. He is involved in several industries and has made his mark in every one of them. Some might not have the best things to say about Trump, many have said that his ego stands in the way of his success. At the end of the day Trump is a well know American business mogul, whose name is at the tip of everyone’s tongue. He has, together with his children, created a Trump empire that seems to be successful beyond comprehension. Whether this success has emerged from positive or negative actions, this is irrelevant it seems. Trump isnt the only mogul out there. Find out all about Sheldon Adelson, one of the worlds richest casino moguls. Trump is famous for a number of quotes, one being the following: In the end, you're measured not by how much you undertake but by what you finally accomplish."