His career as a public millionaireauthor and decade-long run as the star of NBC reality show "The Apprentice" have both amplified and, in some ways, overshadowed the story of Trump, the businessman. By the time Donald was born, Fred Trump had been a successful New York real estate developer for almost 20 years.
One such example is the Fifth Avenue skyscraper which is known universally. Starting with the renovation of the Commodore Hotel into the Grand Hyatt, he furthered with Trump Tower and several other residential projects.
He later expanded into the airline industry buying the Delta Shuttle routesand Atlantic City casino business, including buying the Taj Mahal Casino, then taking it into bankruptcy.
This expansion, both personal and business, led to increasing debt.
Most of the news about him in the early s involved his much publicized financial problems. By the late s a change took place in his financial situation and fame. In he completed Trump World Tower, a story residential tower across from the United Nations complex.
Within that same year, he began construction on Trump Place. Trump also has an undisclosed stake in Trump International Hotel and Tower, a story mixed-use hotel and condominium tower on Columbus Circle.
Trump currently owns over 18 million square feet of prime Manhattan real estate. Needless to say the Trump name is infamous. He is the CEO of Trump Organization, a leading developer in the real estate market and the founder of Trump Entertainment, which operates gambling casinos.
He has received a great deal of publicity following the success of his reality television show, The Apprentice, in which he serves as both executive producer and host. Just this year he received an honor for his contribution to the show by having a star placed on the Hollywood Walk of Fame.
One of the things I find most impressive about Mr. Trump is his honesty. In a time when the world seems infatuated by prosperity too many individuals find cause to take advantage. Quite often you will find get rich quick schemes on television and advertisements.
Often these involve real estate and claim no money is needed to begin. They support this by saying they became wealthy with the skills they are willing to give you at cost which landed them in realty bliss. Trump has commented often by acknowledging that it is, in fact, the funds obtained from individuals eager for wealth that likely complimented their financial status.
He continues his speaking in a realistic and logical manner. One simply cannot fall into real estate. It is necessary to invest to some degree. Perhaps that has something to do with the reason why he is one of the wealthiest men alive.
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Get a custom essay example Any topic, any type available. President Donald Trump is an American media personality, real estate developer and businessman with a net worth of between $3 billion and $10 billion, depending on who’s making the calculations.
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