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Donald Trump -




Donald Trumpmade his wealth in real estate. He owns over 18 million square feet of prime Manhattan real estate and is co-founder of Trump entertainment and CEO of the Trump Organization. He is one of the few Americans who has earned a star on the Hollywood Walk of Fame. Trump was born on June 14, 1946 in New York City. He was a troubled scholar and at the age of 13 was sent to military school. There he earned academic honors and was made baseball captain. He graduated from Wharton School at the University of Pennsylvania in 1968 with a Bachelor of Science in economics and concentration in finance. Shortly after his studies he joined his father's company, The Trump Organization. His father, who was a wealthy real estate developer, was his mentor.  
 

He started off following in his father's footsteps by building middle-class rental housing. This however did not satisfy his entrepreneurial hunger and he moved on to bigger projects in Manhattan. Trump contracted his first big project in 1971 by landing the rights to develop the old Penn Central yards which he used to turn the Commodore Hotel into a new Grand Hyatt. Over the next couple of years he's luck ran out when he underestimated the cost of 2 big projects, one of which included the Wollman Rink in Central Park. By 1991 the effects of recession and junk bonds caused Trump to go bankrupt. After selling off a large amount of his shares, he finally managed to pay off most of his debt and continued to work on successful projects.

By now, Trump had gained great publicity for his growing debt mainly caused by his expansion into the casino industries, including the bankruptcy of the Taj Mahal Casino. His extramarital affair with Marla Maples and his divorce to Ivana Trump, in the mid 1990's, contributed greatly to his public persona.

In 2001, his life took a positive turn when he successfully completed the 72 story Trump Tower and began building the Trump Place, a multi-building development along the Hudson River.
He now owns hundreds of famous and high-end properties around the world including the regions of Dubai, Panama City, Toronto and Korea and especially the US. Other ventures include his Miss Universe Organization, Trump University as well as hosting the World Wrestling Entertainment. He even wrote a book called Trump, The Art of the Deal, in which he discusses his undergraduate career.

Trump became more famous during his TV show The Apprentice of which he is both executive producer and host. The show made him one of the highest paid TV personalities making $3 million per episode. People adore him for his brutal honesty and great business sense. He made a salary of $32 million in 2007 and his net worth stands at $3 billion. He has since starred on many TV shows and movies including Larry King, Days of Our Lives and The Nanny and has been nominated twice for the Emmy Awards.

 

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