Real Estate

Donald Trump – What about him?

Currently, he is the President and CEO of the Trump Organization, a US-based real estate developer. He is also the founder of Trump Entertainment Resorts, which owns a large number of casinos and hotels around the world. He became a celebrity for years due to his extravagant lifestyle and outspoken way of speaking and, of course, his hit NBC reality show The Apprentice, on which he served as both a host and producer. executive.

He is the fourth child of five children born to Fred Trump, a filthy rich real estate developer based in New York City. It was Donald’s father who had a strong influence on his goals to achieve and make a name for himself in real estate development. After earning a degree from the Wharton School of the University of Pennsylvania in 1968, he joined his father’s company, the Trump Organization.

His first step into real estate began when he led the renovation of the Commodore Hotel at the Grand Hyatt with the Pritzker family and was followed by Trump Tower in New York City and other residential projects. In other businesses, he expanded his airline industry by purchasing Eastern Shuttle routes. He also runs his Atlantic City casino business, which includes the purchase of the Taj Mahal Casino from the Crosby family, which eventually led to bankruptcy. The expansion resulted in mounting debt. In the early 1990s, his life was highly publicized due to his financial troubles, bailout from creditors, extramarital affair with Marla Maples, and resulting divorce from his first wife, Ivana Trump.

In 2001, he completed Trump World Tower, a 72-story residential tower facing the United Nations headquarters. He also broke ground on Trump Place, a multi-building development along the Hudson River. He also owns retail space at Trump International Hotel and Tower, a 44-story mixed-use (hotel and condominium) tower on Columbus Circle. Today, he owns several million square feet of prime Manhattan real estate and remains a major figure in the field of real estate in the United States and a celebrity for his prominent media exposure.

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