Donald J. Trump becomes the 45th President of the United States
Donald Trump’s career story : Energetic, assertive child becomes president of the United States
Donald John Trump was born on June 14, 1946, in Queens, New York, the fourth of five children of Frederick C. and Mary MacLeod Trump. Frederick Trump was a builder and real estate developer who specialized in constructing and operating middle-income apartments in Queens, Staten Island and Brooklyn. Donald was an energetic, assertive child, and his parents sent him to the New York Military Academy at age 13, hoping the discipline of the school would channel his energy in a positive manner.
Trump did well at the academy, both socially and academically, rising to become a star athlete and student leader by the time he graduated in 1964. He then entered Fordham University and two years later transferred to the Wharton School of Finance at the University of Pennsylvania, from which he graduated in 1968 with a degree in economics. During his years at college, Trump secured education deferments for the Vietnam War draft and ultimately a 1-Y medical deferment after he graduated.
-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 in the project 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’.
-In the 2000 elections he expressed his wish to run as a third-party candidate for the US presidency. For 2004 and 2008, he speculated about running for president in the Republican Party and in between in 2006, he considered running for governor of New York as a representative of the party. He again registered as a Republican in 2009 after having registered with the Democratic Party in 2001 and campaigned for it.
-In 2010-2012, his involvement in politics returned when he publicly announced his consideration of candidature for presidentship again. However, his association with the ‘Birther issue’, a group that firmly believed Barack Obama was not born in the US, disparaged his political reputation. But, he continued to be against Obama on various political issues.
-In January 2013, he endorsed Israeli Prime Minister Benjamin Netanyahu during the Israeli elections. He was also a featured speaker at the 2013 Conservative Political Action Conference (CPAC).
-In 2016 , he was the Republican Party nominee for president.
-In November 8, 2016, Trump was elected president of the United States.
Trump has been married three times, though his most famous wife was his first – Ivana Zelnickova, a Czech athlete and model. The couple had three children – Donald Jr, Ivanka and Eric – before they filed for divorce in 1990. The ensuing court battle made for numerous stories in the tabloid press. Those stories included allegations that Trump was abusive towards Ivana, though she later downplayed the incidents.
He married actress Marla Maples in 1993. They had a daughter named Tiffany together before divorcing in 1999. He married his current wife Melania Knauss, a model, in 2005, and the couple have one son, Barron William Trump.
His children from his first marriage now help run Trump Organization, though he is still chief executive.
Source: biography.com, thefamouspeople.com