Donald Trump’s Biography
Donald Trump is a real estate mogul and a billionaire. He also owns “Trump Plaza” and conducts a reality show on “NBC” called “The Celebrity Apprentice”.
Early years
The fourth of five children, Frederick Christ and Mary MacLeod Trump, Donald John Trump was born on June 14, 1946 in the Queens area of New York. Frederic Trump was a builder, developer, specializing in the design and implementation of middle-class housing projects in the areas of Queens, Staten Island and Brooklyn. Donald Trump was a vigorous and energetic child, and at the age of 13, parents send their son to the New York Military Academy, in the hope that the strict discipline of the institution will channel his energy into the right direction. At the academy, Trump achieves great success, both socially and in the curriculum: by the time of graduation in 1964, he has become a brilliant athlete and a leader among students. After that, Donald enters Fordham University,
New York developer
Strong influence on the choice of the future profession of Trump had the father, but the son’s plans are much more grandiose than the plans of the parent. Another student Donald in the summer moonlighting from his father, and then arranged for a permanent job in his father’s company, “The Trump Organization.” He finds the means to expand the influence of the company, convincing his father of the benefits of loans secured by real estate complexes of Trump housing. But, nevertheless, because of strong competition in the market, profits were not high. In 1971, Donald Trump moved to Manhattan, where he met many influential people. After studying the economic possibilities of the city, Trump takes on large, high-income construction projects in Manhattan that are attractive also in architectural terms, thus gaining public recognition.
After the announcement of the Pennsylvania central railway bankrupt, Trump gets the opportunity to redeem a plot of land belonging to her
In 1974, Trump acquired one of the hotels of the company “Penn Central”, “Commodore”, which was unprofitable, but had an excellent location, located in close proximity to the Central Station of New York City. The following year, he signed a partnership agreement with the corporation “Hyatt Hotel”, which just did not get a large hotel in the city center. Then Trump concludes a comprehensive deal with the city, getting a reduction in tax rates for as much as 40 years, finds sources of funding and begins a major overhaul of the building, replacing the old facade with the stunning design of architect Dera Scatta from glossy glass. When, in 1980, the new hotel, renamed the “The Grand Hyatt,” opened, he immediately gained wide popularity and very soon justified the costs of restructuring,
Expansion of the empire
In 1977, Trump married the New York model Ivanna Zelnikova-Winklmayer, who in 1968 acted as part of the Czech Olympic ski team. In 1978, after the birth of the first of three sons, Donald John Trump Jr., Ivanna Trump was appointed vice-president of Trump Organization, playing an important role in the reconstruction of the hotel “Commodore”.
In 1979, Trump took on a long-term lease on Fifth Avenue, adjacent to the building of the famous company “Tiffany”, for the construction of a grandiose apartment complex worth 200 million US dollars, a project that was developed by Der Scatter. After its discovery in 1982, the complex will receive the name “Trump Tower”. As a result of this project, a 58-story building with an inner courtyard of 6 floors and an 80-meter waterfall appears in the center of the city. The squares in the new building rushed to rent well-known brands for shops and celebrities for offices, which draws the attention of the whole country to Trump.
And he, meanwhile, is engaged in the study of a lucrative gambling business, which he started in 1977 in New Jersey. In 1980, Trump managed to acquire a plot of land in Antantik City. The head of a complex project for obtaining land rights, licenses for the right to conduct game business, all sorts of permits and funding Donald puts his younger brother Robert. The corporation “Holliday Inns”, a partner of the company “Harrah’s Casino & Hotel”, offers Trump a partnership agreement, and in 1982 in the complex “Trump Plaza”, which was invested 250 million US dollars, the casino hotel “Harrah” opens. In 1986, Trump bought out “Holliday Inns” and renamed the establishment to “Trump Plaza Hotel and Casino”. When corporations refuse to issue a license for gambling, Trump buys a casino hotel in Atlantic City, owned by the company “Hilton Hotels”, and calls the complex worth $ 320 million “Trump’s Castle”. Later, he has an opportunity to redeem during the construction of the largest casino hotel in the world – the Taj Mahal in Atlantic City, which will open in 1990.
At the same time, in New York, Trump acquires an apartment building and the adjoining “Barbizon-Plaza Hotel”, overlooking the Central Park, hoping to implement a large investment construction project in their place. However, the struggle of tenants at home, who were protected by city programs to control the rent and stabilize rents, against Donald Trump ended in the victory of the population. Then Trump embarks on the reconstruction of “Barbizon”, renaming it “Trump Parc”. In 1985 Trump bought 307.5 km² of land in western Manhattan for $ 88 million, with plans to build a complex called “Television City” on it, which, according to the project, was to consist of a dozen skyscrapers, a shopping center and going out to the river parka. A grandiose enterprise, which would have made the world the tallest building on the planet, was aimed to emphasize the importance of television, but public confrontation and prolonged red tape with the permission of city authorities postpone the implementation of the project. In 1988, Trump bought “Plaza Hotel” for $ 407 million and invested $ 50 million in his reconstruction, which is managed by Ivan’s wife.
The ups and downs of business
Trump expands its business to the south to implement an investment project in West Palm Beach, Florida, and in 1989 opens a branch that buys Eastern Air Lines Shuttle for $ 365 million, which changes its name to “Trump Shuttle “. In January 1990, Trump flies to Los Angeles, revealing his intentions to implement a commercial and residential project, including the construction of a 125-story office building at a cost of $ 1 billion.
But in 1990, the real estate market collapses, which entails a decrease in the estimated value and income of the Trump Empire: the cost of the entire network of 1.7 billion US dollars at one point is reduced to a mark of 500 million. To protect themselves from the collapse, the Trump organization requires numerous third-party injections, which generates rumors about a possible bankruptcy of the company. Some call the fall of the Trump empire a symbol of what awaits all business, economic and social giants that emerged from the 1980s.
But Trump is successfully selected from debts in the amount of 900 million US dollars: in 1997 Donald Trump’s fortune is estimated at just under 2 billion.
Personal life, politics and Reality TV
The image of Donald Trump was tainted by the wide publicity of his unexpected separation and the subsequent divorce from his wife Ivan. But he will marry again, on the young actress Marla Maples. In 1993, two months before the wedding, the couple has a daughter. In 1997 begins the sensational divorce process of Trump with Maples, which will end only in 1999. According to the marriage contract, Maples receives $ 2 million. In 2005, Trump again plays the wedding, which became a big event in the world of celebrities, with the model Melanie Knauss. In March 2006, the firstborn of Melania and the fifth child of Trump – Barron, William Trump, were born.
October 7, 1999. Trump announces the convening of a research committee to decide on Trump’s participation in the presidential race of 2000 from the reformist party.
In 2012, Trump returns to the political arena, making a statement that he is again going to nominate his candidacy for the presidency. But his connection with the “birth” movement – a radical group firmly convinced that President Barack Obama is not a native of the United States – has largely discredited him as a politician. Nevertheless, Trump continues to sharply oppose President Obama – not only in connection with his birthplace, but also on a number of points of his policy.
Quotations
“It’s great to go through difficult times, I’d like to feel it all, at least once.”
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