Donald John Trump is the 45th President of the United States. Before becoming a politician, he is a successful business professional and television star. He was born the son of a wealthy real estate developer and took over his family’s business to grow it into a real estate empire. He oversaw the construction of numerous hotels and casinos and renovated many office towers, accumulating billions. He also redesigned the ice rink in Central Park.
His career has been marred by allegations of sexual misconduct, a problem that arose during his 2016 election campaign. And he has also been heavily criticized for his racially charged comments on immigrants, but despite the controversies, he succeeded in winning the 2016 election, becoming the oldest person to ever assume the office of President of the United States. Notably, he was also the first to assume the presidency without any past government or military service.
Highlights of Career
- While still in college, Trump went to work for his father’s company, ‘Elizabeth Trump and Son’, which rented middle-class housing in New York. In 1971, he then relocated to Manhattan to begin working on larger projects, including his first multi-million dollar real estate transaction, the sale of Swifton Village in Cincinnati, Ohio.
- In 1974, he obtained the option to buy two rail yards in New York City and with the help of 40-year tax abatement, he bought and turned the bankrupt Commodore Hotel into the Grand Hyatt, creating the ‘Trump Organization’.
- Between 1985 and 1988, he bought Mar-a-Lago estate in Florida, renovated the Barbizon Hotel, and bought the Plaza Hotel.
- By 1989, poor business decisions led him to file bankruptcy. Somehow he still financed the construction of his third casino, the Taj Mahal, which opened in 1990.
- In 1996, purchased the Miss Universe Organization and in 2003, he hosted the NBC reality show, “The Apprentice.” In 2007, he earned the Star on Walk of Fame for his contribution to Television.
- In 2001, he finished construction of Trump World Tower, a 72-story residential tower across the UN headquarters.
- On October 21, 2004, he ran into financial trouble again and filed for Chapter 11 Protection. But soon the company re-emerged from bankruptcy as Trump Entertainment Resorts Holdings.
- In 2016, he defeated Hilary Clinton to become President of the United States.