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| Birth Name(s) : Donald Trump |
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Full Donald Trump Biography
Donald John Trump (born June 14, 1946 in Queens, New York, New York) is an American business executive, entrepreneur, television and radio personality and author. He is the CEO of Trump Organization, an American-based real estate developer, and the founder of Trump Entertainment, which operates several casinos. He 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 for the show). He is the son of Fred Trump who was a wealthy real estate developer based in New York City.
Trump has gained notability for his celebrity lifestyle and his real estate successes, including several skyscrapers bearing his name. He is popularly known as The Donald, a nickname given to him by the media after his ex-wife Ivana Trump, a native of the Czech Republic and only marginally fluent in English, mistakenly referred to him as such in an interview. He is also known for his catchphrase "You're Fired" and his unique hair style. Due to his outspokenness and media exposure, Trump is an easily recognizable public figure.
He remains a major figure in the field of real estate in the United States and a current celebrity for his prominent role on American television reality show The Apprentice.
Trump attended Fordham University for two years before transferring to the Wharton School at the University of Pennsylvania. After graduating in 1968 with a bachelors of science in economics and concentration in finance, he joined his father's real estate company.
In his book, Trump: The Art of the Deal, Trump discusses his undergraduate career:"After I graduated from the New York Military Academy in 1964, I flirted briefly with the idea of attending film school...but in the end I decided real estate was a much better business. I began by attending Fordham University...but after two years, I decided that as long as I had to be in college, I might as well test myself against the best. I applied to the Wharton School at the University of Pennsylvania and I got in...I was also very glad to get finished. I immediately moved back home and went to work full time with my father."
In her book, The Trumps: Three Generations that Built an Empire, Gwenda Blair wrote that Trump had fewer friends at Wharton than he had had at military school. He had sought out real estate professors as friends, and it was altogether a socially awkward situation.
The development saga of the Javits Convention Center brought Donald Trump into contact with the New York City government when a project he'd estimated could have been completed by his company for $110 million ended up costing the city between $750 million to $1 billion. He offered to take over the project at cost but the offer was not accepted.
On November 2, 1992, the Trump Plaza Hotel was forced to file a prepackaged Chapter 11 Bankruptcy protection plan after being unable to make its debt payments. Under the plan, Trump agreed to give up a 49% stake in the luxury hotel to Citibank and five other lenders. In return Trump would receive more favorable terms on the remaining $550+ million owed to the lenders and retain his position as chief executive, though he would not be paid and would not have a role in day-to-day operations.
In 1995, he combined his casino holdings into the publicly held Trump Hotels & Casino Resorts. Wall Street drove its stock above $35 in 1996, but by 1998 it had fallen into single digits as the company remained profitless and struggled to pay just the interest on its nearly $2 billion in debt. Under such financial pressure, the properties were unable to make the improvements necessary for keeping up with their flashier competitors.
Many developers pay Donald Trump to market their properties and be the public face for their projects. For that reason, Trump does not own many of the buildings that display his name. According to Forbes, this is by far the most valuable portion of Trump's empire with a valuation of $562 million. According to Forbes, there are 33 licensing projects under development including seven "condo hotels". Some examples are:
Donald Trump, a two-time Emmy Award-nominated personality, has made appearances as a caricatured version of himself in television series and films (e.g. Home Alone 2: Lost in New York, The Nanny, The Fresh Prince of Bel-Air, Days of Our Lives), as a character (The Little Rascals), and as a guest on various talk shows and other media.
In December 2006, talk show host Rosie O'Donnell criticized Trump on The View for "acting as a moral compass for 20-year-olds" after giving a second chance to Miss USA, Tara Conner, who had violated pageant guidelines by partying and drinking. Trump, who owns the rights to the pageant, decided to let Conner retain the Miss USA crown while she pursued rehabilitation. A tabloid war raged for several weeks thereafter between the two celebrities.
Donald Trump was also the Banker on an episode of Deal or No Deal during which, after a contestant won only $25, Trump wrote a check to the contestant's son for $25,000.
Trump has three siblings - a brother and two sisters. His older sister, Maryanne Trump Barry, is a federal appeals court judge.
Other Properties: Mar-A-Lago, Trump Grande, The Trump Building at 40 Wall Street, Trump Palace, Trump Parc, Trump Park Avenue, Grand Hyatt New York, Daewoo Trump World, Riverside South/Trump Place, Ocean Resort Baja Mexico, Trump at Cap Cana |
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