Biography, children and personal life of Donald Trump. Donald Trump: biography, bibliography and photos

Donald was born to construction company owner Fred Christ Trump and Mary Ann Macleod. He has two brothers and two sisters.

Trump attended the New York Military Academy boarding school. During his studies, he played on the football and baseball teams. In 1964, he graduated from the academy and entered Fordham University, but two years later he transferred to the Wharton School of Business at the University of Pennsylvania. After graduating from business school in 1968, he returned home and began working for his father's firm.

The first project entrusted to Trump turned out to be profitable. At a cost of $6 million to build the apartment complex, his father's company managed to raise $12 million from the sale of the apartments.

In 1971, Donald moved to Manhattan, where, in his opinion, there were more opportunities for the development of the family business. In the same year, he moved the office of his father's construction company there. One of the first independent projects of the young businessman was the construction of a business center on a plot of land of the ruined Central Railroad in the western part of Manhattan. In 1975, Trump became president of the family company, at which time he changed its name to the Trump Organization.

In 1974, Donald purchased his first hotel, and the following year he signed a partnership agreement with the Hyatt Hotel Corporation and in 1980 opened a new hotel, The Grand Hyatt, which gained wide popularity. Currently, Trump Hotel Collection owns a chain of hotels in Las Vegas, Chicago, Hawaii, Miami, Toronto and other cities.

In 1982, a new businessman's project was implemented - the 58-story Trump Tower skyscraper on 5th Avenue.

In the 1990s, he experienced financial difficulties and was almost on the verge of bankruptcy, but Donald Trump managed to restore his business by 2005. In May 2005, his company started working again, but under the name "Trump Entertainment Resorts Holdings". In 2009, Donald stepped down from the company's Board of Directors.

From 1996 to 2015, Trump was the owner of the Miss Universe beauty pageant. The businessman also owns a network of golf courses in the USA, Scotland, the United Arab Emirates, and Ireland.

In 2005, he launched his own clothing line, and later began releasing household goods, as well as his own fragrance.

Donald Trump has also made cameo appearances in a number of films and television series, including Sex and the City. In addition, the businessman was the host of the Candidate reality show for several years.

In November 2016, he became the 45th President of the United States.

Hobbies : Golf, music,

Personal life : In 1977, Donald Trump married Ivana Zelnichkova. In marriage, they had three children: Donald Jr., Ivanka and Eric. The couple divorced in 1992.

The second time the businessman married in 1993 to Marla Maples. In marriage, they had a daughter, Tiffany. The couple broke up in June 1999.

On January 22, 2005, Donald Trump married former model Melania Knauss, who is 24 years his junior. On March 20, 2006, Melania and Donald became parents: their son Barron was born.

Donald Trump has eight grandchildren.

Scandals\interesting facts\charity

Donald Trump does not drink alcohol or smoke.

The businessman and politician has written a number of books on business, including The Art of the Deal, Trump: The Road to the Top, How to Get Rich, and others.

Donald did not change his signature hairstyle from the very beginning of his career.

Quotes :

I listen to my instincts, and as a rule, my instincts do not deceive me. Everyone thought that I would not win the elections, and I said that I would most likely win

Money has never attracted me by itself. For me, it's just a way to measure success.

Many people say that I behave like a gambler, but I have never gambled in my life. A gambler is one who revolves around slot machines in a casino. I prefer to own these machines

Women are not who they are. They are much worse than men, more aggressive and, my God, they can even be smart. Women are great at acting. Those who are smarter look very vulnerable and defenseless, but inside they are real killers. Whoever coined the term "weaker sex" was either very naive or joking. I've seen a woman manipulate a man with a single movement of her eyes, well, or another part of her body.

At the age of 13, his parents sent Donald to the New York Military Academy. At the academy, Trump achieved great success: by the time he graduated in 1964, he had become a brilliant athlete and leader among students. After that, Donald entered Fordham University, but soon transferred to the Wharton School of Finance at the University of Pennsylvania, from which he graduated in 1968.

After graduating from university, Donald began working in his father's company, in 1975 he became its president and changed the name of the company to Trump Organization.

In 1971, Trump moved the company's office to Manhattan. One of Trump's first independent projects was the construction of a business center on a piece of land from the bankrupt Central Railroad in the western part of Manhattan.

In 1974, Trump purchased one of the Penn Central hotels, the Commodore, which was unprofitable but had a good location in close proximity to Grand Central Station in New York. In 1975, Trump signed a partnership agreement with the Hyatt Hotel Corporation. When the new hotel, renamed The Grand Hyatt, opened in 1980, it immediately gained widespread popularity. Donald Trump's next project made him famous throughout New York - it was the 58-story skyscraper Trump Tower on 5th Avenue, opened in 1982.

Subsequently, the businessman continued to call his further projects by his own name: Trump Parc, Trump Palace, Trump Plaza, The Trump World Tower and Trump Park Avenue, Trump International Hotel & Tower, The Trump Building, etc.

In 2004, Trump became the executive producer and host of the NBC reality show The Apprentice. The show had high ratings and was nominated for three Emmy awards.

Trump also hosted The Celebrity Apprentice for several years.

In 2005, Donald Trump launched his own clothing line Donald J. Trump Signature Collection, and later the businessman began producing household goods under the Trump Home brand. In 2012, Trump partnered with PARLUX to launch his own fragrance, Success by Trump. In 2015, the second fragrance, Empire, was released under the brand name Trump.

Donald Trump is the author of a number of best-selling business books, including The Art of the Deal (1987), Survival at the Top (1991), The Art of Comeback (1997), The America We Deserve (2000), "How to get rich" (2004), "Trump: the way to the top" (2004), "Trump: Think like a billionaire" (2004), etc.

On June 16, 2015, Donald Trump officially announced his candidacy for the presidency of the United States.

On May 26, 2016, he announced that he had managed to garner enough delegate votes to run as the Republican Party nominee for President of the United States. According to the Associated Press, Trump has enlisted the support of 1,238 delegates to the convention, 1,237 votes are needed to be nominated.

On July 19, 2016, the U.S. Republican Party Convention approved Trump as the presidential candidate.

On November 8, 2016, Trump won the US presidential election, gaining 306 electoral votes from the states (against 232 from Democratic candidate Hillary Clinton) with a minimum of 270 required to win. At the same time, almost three million Americans more directly voted for Clinton than for Trump.

On December 19, the Electoral College voted in the "second round" of the US presidential election and confirmed the authority of Donald Trump as head of state. Moreover, according to the results, the elected president even increased his advantage, the ratio became 304 to 227, that is, Trump strengthened the victory by three votes.

On January 6, 2017, the US Congress at a meeting of both chambers formally approved the results of the presidential election, which was won by Donald Trump. The vote took place against the backdrop of protests in the hall.

US President-elect Donald Trump at the first press conference in his new capacity announced that he was leaving the business and transferring control of the Trump Organization to his sons, Eric and Donald Jr.

Trump's spokesperson, lawyer Sheri Dillon, said that all assets of US President-elect Donald Trump will be placed in trust before the inauguration, Trump's company will also not enter into any contracts abroad during his presidency, and domestic transactions will be held under strict control for conflict. interests. Trump will have no contact with his company, nor will he give up his assets.

In December 2016, Trump was named Time magazine's Person of the Year.

Donald Trump is married to Melania Knauss for the third time. The businessman has five children.

At the beginning of 2017, Forbes estimates Donald Trump's fortune at $3.7 billion. In 2016, his fortune was estimated at $ 4.5 billion, he was ranked 113th in the ranking of the richest people in the United States, and in the ranking of the richest people on the planet he was in 324th place.

The material was prepared on the basis of information from RIA Novosti and open sources

Donald John Trump is an American businessman, billionaire, construction magnate, owner of a large chain of hotels and casinos. Author of an impressive number of books on business and self-development. Member of the Republican Party. On November 8, 2016, Trump was elected the 45th President of the United States.

Childhood

In 1930, 18-year-old native of the Scottish village Mary MacLeod came to New York for the holidays. There, fate brought her together with 25-year-old Fred Trump, the son of German immigrants, who already owned his own construction company at such a young age.


In 1936, the couple got married; the couple bought a cottage in a respectable area of ​​Queens, the father of the family continued to engage in the construction business, and Mary devoted herself entirely to motherhood. Donald Trump was the fourth child in the family, but, having inherited a tough and assertive character from his father, he was not going to get used to the role of a younger brother. Neither parents nor school teachers could cope with the unbearable Donald, so at the age of 13 the boy was faced with a fact: he went to the New York Military Academy.


As a cadet, Trump proved to be a disciplined student who boasted both good grades and high social skills and athletic success. Parents could not get enough of their son, who sharply took up his mind, and even began to set him as an example to other children.


First steps towards success

In 1964, Trump graduated from the military academy with honors and entered Fordham University. After studying there for 4 semesters, he transferred to the Wharton Business School at the University of Pennsylvania. In 1968, he received a bachelor's degree in economics, after which his father accepted his son into the family business. Donald became seriously interested in real estate, hoping in the future to become the heir to the Trump construction empire and multiply his father's fortune many times over.


The first project entrusted to Donald was the grandiose residential complex Swifton Village in Ohio, designed for 1200 apartments for the "middle class". Under the leadership of the younger Trump, the company was able to complete the project within a year, spending $6 million to build and $12 million from the sale of the apartments.


Double income is more than a great start to a career, but Trump was not going to stop there. The construction of apartments in Ohio was sponsored by the state, but Donald understood that for financial support for more serious projects, one should turn not to government organizations, but to the powers that be: bankers, top managers, oil magnates. In 1971, Donald rented an apartment in the heart of New York - on Manhattan Island. Here his circle of acquaintances quickly replenished with influential people.


Rise of an empire

In 1974, with the help of new connections, Trump won a tender to restore the dilapidated Commodore Hotel. Since many of the buildings near the hotel were also in a deplorable state and needed financial injection, as, indeed, the city itself, which was on the verge of bankruptcy, Donald managed to get tax benefits from the mayor's office for a period of 40 years. Moreover, the largest banks in New York gave him a mortgage loan totaling $70 million. There was only one condition - Trump had to put the area in order.


Donald's firm took over, and six years later, Manhattan residents could see the 25-story glass-and-steel monolith that replaced the dreary yellow building, surrounded by new, functional and livable neighborhoods. Much later, in October 1996, one of the largest hotel chains Hyatt bought half of the rights to the hotel, increasing Trump's fortune by $142 million.


In 1979, Donald had his eye on a piece of land on 5th Avenue across from Tiffany & Co. When the businessman was asked what made him buy this particular place, he replied: “The wealthiest people in New York are always spinning at Tiffany’s stores.” By 1983, the 58-story skyscraper Trump Tower had grown on this site, surpassing all city buildings in height.


The house instantly gained fame as an elite complex: the windows of the apartments overlooked Central Park, a series of boutiques and restaurants were located below, the floor was tiled with pink marble, and a three-meter fountain beat in the hall. All apartments were bought up within a few months, and Trump became richer by $ 200 million.


When gambling was legalized in New Jersey in 1977, Trump realized that in front of him was a tidbit that should never be missed. In 1980, he purchased a piece of land in Atlantic City, entrusting his brother Robert with obtaining a gambling license. In 1982, the grandiose hotel and entertainment complex Trump Plaza Hotel & Casino was opened at a cost of $250 million. In 1986, Donald bought the city's Hilton hotel and built the $320 million Trump's Castle in its place. In parallel, he began construction of the Taj Mahal, the largest hotel-casino in the world, which opened its doors to visitors in 1990.


On the brink of bankruptcy

By the beginning of the 90s, Donald's fortune was estimated at $1 billion. In addition to a chain of hotels, casinos, and luxury residential skyscrapers, Trump's empire included Trump Shuttle Airline, the New Jersey Generals football team, and a myriad of small businesses that Donald himself lost count of. Gradually, he began to lose control over the business that had grown to incredible proportions.


New projects were financed with borrowed funds, which was quite risky. Trump's creditors were large banks and investment companies: Citicorp, Merrill Lynch, Chase Manhattan. The businessman's debts were growing rapidly, the threat of bankruptcy was exacerbated by the crisis brewing in the real estate sector. In the early 90s, debts to creditors reached $9.8 billion, of which Trump had to pay $900 million out of his own pocket. On the verge of bankruptcy, the businessman was forced to lay the Trump Tower skyscraper. The press added fuel to the fire, criticizing Donald's every move.


Thanks to innate perseverance, Donald managed to get out of the debt hole. Income from the gambling business covered most of the debts; by 1997, the tycoon had paid off his debts in full and started working on new projects. In 2001, Trump's company, together with the Korean company Daewoo, completed the construction of the 72-story Trump World Tower. The 262-meter skyscraper has grown exactly opposite the UN headquarters in Manhattan.


The 2008 financial crisis was another shock to Trump's building empire. Due to falling sales, he was unable to pay the $40 million loan on time. Although the billionaire could easily pay off the debt with his own funds, he filed for bankruptcy, claiming that the crisis was a force majeure. On February 17, 2009, Trump announced his decision to leave the Board of Directors of his own company.

Television appearances

In 2002, Trump launched the prime-time reality show The Candidate. The participants had to compete among themselves for the right to become a top manager in Trump's company. Unsuccessful contestants were waiting for the businessman’s signature phrase: “You are fired!” (In 2004, he even applied for the trademark "You are fired!"). For each episode of the first season, Donald received about $50,000, but with the start of the second season, the cost of one episode rose to $3 million - so Trump became one of the highest paid presenters on television.


In 2006, Trump, together with NBC, bought out the Miss Universe Organization, which organized the Miss Universe and Miss America beauty pageants.


The construction magnate also appeared with cameos in several films and TV series, for example, in the comedy Home Alone 2: Lost in New York, he explained to young Macaulay Culkin how to get into the hall.

Donald Trump cameo in Home Alone 2

In 2007, Trump got his own star on the Hollywood Walk of Fame, which the businessman received for creating the reality show The Candidate.


In October of the same year, Donald was invited to the studio of Larry King, where he sharply walked over the foreign policy of George W. Bush and the appearance of Angelina Jolie. Many remembered other words uttered on the evening air: then Trump said that in the next elections he would certainly support Rudolph Giuliani and Hillary Clinton if they put forward their candidacies for the presidency. This speech was remembered to him in 2013, when Trump was again visiting the host.

Donald Trump visiting Larry King

Political career. Most Influential Republican

Trump has been predicted for the presidency of the United States since the 80s, but at that time the needle of Donald's political compass was constantly rushing between the right and left poles. By 2009, he was more or less determined in his own views and joined the Republican Party. They tried to nominate Donald, an outstanding economist and manager, to participate in the presidential elections back in 2011, but the businessman said he was not ready to leave the private sector.


On June 16, 2015, Trump made it clear to the people of the United States that he had changed his mind, announcing his readiness to fight for the presidency. Trump's presidential campaign was strictly thought out: first of all, he visited the state of New Hampshire, traditionally considered a stronghold of the Republicans, then toured Nevada and California, states that had previously received a solid financial injection from Donald. Also, Trump has repeatedly held rallies in his support for the entertainment of the electorate.


Trump's popularity was influenced by his character: the newly minted politician is used to speaking openly, not veiling his speech with euphemisms. Because of this feature, he gained fame as an eccentric truth-seeker.


The main theses of the Trump campaign concerned the following areas of American society: immigration, health care, economics and domestic politics. The Republican was extremely cold towards the people of Mexico and the Middle East. If he wins the election, Trump threatened to build an analogue of the Great Wall of China on the border with Mexico. Trump has also repeatedly advocated the immediate elimination of ISIS military forces.

Donald Trump accuses Democrats of creating ISIS

Donald demanded the abolition of Barack Obama's medical program, saying that its provision is too expensive for the state, and that he would have no problem finding more effective and cheaper methods for taxpayers.


In the economic sector, even Democrats listened to the billionaire; he argued about the need to return production to the United States, increasing duties on goods of American companies manufactured abroad, and also argued the need for a trade war with China.

Scandalous video of Donald trump with the participation of Vladimir Putin

In more detail, he stated his point of view in the book "America Shattered", published in 2015.


According to Forbes magazine, in 2016 Donald Trump's net worth crossed the $4 billion mark. It continued to increase, including through real estate licensing - developers themselves paid Trump to build and sell new projects on his behalf.


In March 2016, Donald Trump was named the most likely Republican presidential candidate, predicting that he would face Hillary Clinton in the final round of the election.

In Russia, Trump's nomination for the presidency was warmly received, as the billionaire has repeatedly promised to improve relations with the Kremlin.

The results of the election of the 45th President of the United States were unpredictable. A month before the final day, both candidates received a good portion of "black PR". Clinton was implicated in a scandal involving the FBI, Trump was accused of sexual harassment. Clinton confidently predicted victory, especially after the third, final debate. However, the results surprised everyone - Trump effortlessly beat his rival, gaining 306 electoral votes out of the 270 required for victory, thereby securing a seat in the Oval Office of the White House.


On December 19, 2016, the Electoral College confirmed the election results with 304 votes for Trump. Only two electors abandoned the original decision.

Donald Trump Inauguration Full Video

Presidency

The presidential inauguration took place on January 20, 2017. During his inaugural speech, Trump called for “overcoming the split between the ruling elite, the corrupt establishment and American society”, radically changing the labor market by expelling all illegal migrants from the country, leaving political blocs that are disadvantageous to the United States, reaching an understanding with Russia, transferring all resources for the good of the country and destroy Islamist terrorists. Trump's right-hand man was Republican Michael Pence.


In the first two years of his presidency, Trump signed many decrees aimed at economic and foreign policy reforms: expanded the territory for oil and gas production in the Gulf of Mexico and all oceans except the Indian; tightened measures to combat terrorist organizations; ordered a missile attack on Damascus in response to the use of chemical weapons by the Syrian president against the opposition; withdrew from the nuclear deal with Iran, under which the countries of the "six" received partial control over Iran's nuclear weapons.

But inside America itself, Trump's repeated intention to build a wall between the US and Mexico to limit the influx of illegal immigrants has caused a particularly heated debate.


It was the wall on the border with the southern neighbor that caused the suspension of the US Government at the end of 2018. The Mexican Wall (or "Trump Wall") - one of the main points of the presidential election program - was estimated at almost six billion dollars.

Trump's opponents never tired of talking about his connection with Russia and accused him of obtaining votes due to the indirect interference of the Russian "troll factory" in the election campaign on the social network Facebook.

For example, the large-scale public “Black Activist” was mentioned, among the subscribers of which, according to the assurances of journalists, were “Prigozhin’s trolls”, who urged the audience not to vote for Hillary Clinton. The President, of course, denied this connection. Special Counsel Robert Mueller spent two years spinning this story, but was defeated when he found no evidence that could influence Congress.

Personal life of Donald Trump

Donald Trump has been married several times. His first wife is the Czechoslovakian model Ivana Zelnichkov. They got married in 1977. In the same year, Trump's firstborn Donald Jr. was born, four years later the businessman became the father of Ivanka Trump, and in 1984, the second son, Eric. The marriage of Donald and Ivana Trump ended in 1992. After the divorce, the ex-wife assigned him the nickname The Donald, which the press really liked.


Trump began dating his second wife, actress Marla Maples, back in 1989, and immediately after his divorce from Ivana, he proposed to her. She gave the billionaire daughter Tiffany. But the marriage did not last long - in 1999 they divorced. Tiffany grew up with her mother in California, but her father also took part in her upbringing.


In early 2005, Donald married another fashion model from Eastern Europe - 34-year-old Melanie Knauss. Trump's third wife was from Slovenia, shone on the pages of glossy magazines, not embarrassed to act in a very frank manner. Trump and Melanie's wedding was on the list of the most expensive wedding ceremonies with a budget of $45 million. In 2006, their common son, Barron William Trump, was born.


Donald Trump now. Impeachment

Since the early days of Donald Trump's presidency, there has been talk of impeachment among Democrats. Several attempts were made, but the House of Representatives (the lower house of the US Congress) was under the control of the Republican Party, so they did not go beyond the vote.

Everything changed when, in the December 2018 elections, exactly in the middle of Trump's presidency, the composition of the House of Representatives was completely re-elected, and the Democrats won the majority. Opponents of the president got the opportunity to launch a new anti-corruption investigation against Trump.

Even before the December election, Michael Cohen, Trump's attorney, admitted to lying to a court in 2017 about Trump's intentions to build the 100-story Trump Tower in Moscow City. He previously claimed that Trump had no such thoughts, but according to new data, the billionaire wanted to build a skyscraper, but changed his mind around June 2016. This was the reason for new accusations of the politician in connection with Russia. A growing number of Democrats began to demand from the speaker of the House of Representatives, Democrat Nancy Pelosi, to impeach Trump.

But in the end, the so-called "Ukrainegate", by analogy with the "Watergate", which destroyed the political career of President Richard Nixon, got the reason for impeachment. Trump was accused of putting pressure on Ukrainian President Volodymyr Zelensky for two months (from May to September 2019). Trump wanted to get dirt on Joe Biden (potentially his main competitor in the upcoming presidential election), and in return promised Ukraine financial and military assistance.


Zelensky was required to assist in the investigation of the corrupt activities of Biden's son, Hunter, who from 2014 to 2015 served on the board of directors of the Burisma gas production company operating in Ukraine.

The fact of pressure on Zelensky was reported by the US intelligence service, and the White House tried to hide this moment from Congress, contrary to the current legislation. On September 24, 2019, Nancy Pelosi announced the launch of an investigation, and on October 31, Donald Trump was officially impeached. Two weeks later, public hearings began. The presidential administration has banned White House staff from assisting Congress. Donald Trump responds to all accusations on his Twitter:

Donald John Trump (Donald John Trump) was born on June 14, 1946 in a family with four children. He was a difficult child and already in elementary school was distinguished by unbearable behavior. At the age of 13, his parents decided to send Donald to the New York Military Academy in the hope that at least there he would be taught discipline. During his time at the Academy, Donald learned the true meaning of competition and realized that to achieve what you want, it's good to be a little aggressive.

Trump's father, Fred, was the biggest contributor to Trump's upbringing. They seemed to be made from the same dough. It is not surprising that it was Donald who became Fred's favorite: he was the only one who could resist his father's rigidity, uncontrollable temperament and difficult character. The father passed on to his son the exactingness that helped Trump become New York's biggest post-war developer. Fred taught his son constancy and the ability to influence a person's motivation. One of Father Donald's most important lessons was how to use other people's money, especially taxpayers' money, and how to get high dividends using your own reputation. Trump ignored only one invaluable lesson from his father: how to avoid the trouble associated with such "entrepreneurship."

Before plunging into the world of business people, Trump, at the request of his father, went to college. And despite minor successes, in 1964, the father sends his son to Fordham University, from where, two years later, Trump moves to University of Finance and Commerce, Pennsylvania Warton School.

Donald's behavior was different from the usual behavior of a student: he did not drink, did not smoke, but as a playboy he became famous much later. Studying did not become a priority for Trump, he dreamed of creating his own empire. A former classmate of his recalled that Donald was constantly talking about the changing Manhattan skyline. Helping his father, Trump became interested in real estate and decided that he wanted to do this business at all costs, but even more seriously than his father.

How Donald Trump got rich

Back when Trump was in college, he and his father decided to buy a bankrupt 1,200-unit complex called Swifton Village in Cincinnati, Ohio. Surprisingly, the state funding for this Trump project exceeded its real price, which allowed entrepreneurs to carry out restoration work in a depreciated building without investing a cent. The complex was bought for less than $6 million and sold within a year for $12 million. Donald realized in time that the government would help low-income people acquire property, and he knew better than anyone how to get such help. This incident marked the beginning of future construction magnate.

But things didn't always come easy for Donald. Although his first investment was very successful, he remained dissatisfied. Donald has always shown great interest in New York. He believed that this city would become his gold mine. Arriving here, Trump rented, by his standards, not the best apartment in Manhattan, but the move itself allowed him to be in the heart of New York, where he got the opportunity to directly enter the real estate market. Walking the streets, Donald carefully studied the buildings. He believed that in the future this knowledge would help him create his own name.

Trump was well aware that in order to penetrate the environment of the powerful and “get” elite clients, he needed make friends with politicians and prominent bankers. Donald set himself the task of entering the then closed club for the rich of French origin. Without weighty recommendations, it was almost impossible to realize this dream. Therefore, Donald chose a different path: the young businessman sought meetings with the manager of the club and, finally, became the owner of the coveted card. Membership in the most prestigious club actually gave Trump the opportunity to contact the richest clients: top managers, oil kings, union bosses, successful models - in a word, regulars of such establishments. Trump has become one of them. Far from prying eyes, fantastic deals were made, millions of contracts were concluded.

Donald's first steps in New York as a real estate developer went unnoticed. Even though his price bids were more promising than those of his competitors, Trump has consistently failed. His early fame and fortune seemed to be fading away. Perhaps the reason for this was youth and inexperience, which caused doubts among older and experienced developers. However, this did not stop Donald, he became more purposeful and aggressive, like a spoiled child throwing a tantrum and not getting what he wants.

Taking the lifting capital from his father, in 1974 Trump made his first independent deal. From the bankrupt Penny Central Railroad, he bought the early 20th-century, already dilapidated Commodore Hotel adjacent to Grand Central Station. Trump managed to get the city to give him a 40-year property tax deferral, banks to lend $70 million to finance a new hotel on the site of the Commodore, and Hyatt Corporation to lend its brand. And soon the decrepit Commodore was replaced by the luxurious Grand Hyatt Hotel.

From the start, Trump has been incredibly lucky. A few years before the legalization in 1976 of the gambling business in Atlantic City (New Jersey), he began to buy land there. By 1982, this land was worth more than $20 million.

But it was the construction of Trump Tower that really made it the largest New York developer. In 1979, he received a $45 million multi-year lease on a department store building on the corner of Fifth Avenue and 57th Street in Manhattan. The building stood next to the Tiffany boutique. “New York is a minefield. You're dead if you don't know where you're stepping," Trump explained. “And Tiffany always has the best spot in any city in the world. I just couldn't get past this offer." On the site of the department store, he was going to build a stately building, in which there would be only first-class shops, offices and apartments. Trump quickly negotiated a loan with banks, but unexpected difficulties arose. The mayor refused to grant $50 million in tax credits, saying the law was designed to encourage low-cost housing rather than luxury developments. The entire ambitious project was in jeopardy. Donald went to court, but the judge sided with the city. The appeal was also unsuccessful. It looked like Trump would have to reconcile. But unexpectedly, the next court ordered the municipality to give Trump tax breaks. Then Trump called this strategy "fight until you win" and always followed it.

Three years later, in 1982, the grand opening of the magnificent 68-story Trump Tower, at the time the tallest and most expensive reinforced concrete building in New York City, took place. The building featured a six-story atrium, a 25-meter waterfall, and a pink marble lobby. Trump Tower has become a real Klondike. In 1988 alone, Trump received $100 million from this building (other co-owners received another $90 million) and $30 million for the land under it.

The 1980s were Trump's golden years - all of his projects gushed out in the millions. Although Trump was never modest, now his behavior bordered on megalomania. When asked how things were going, he began to answer simply: "It's good to be Donald."

Trump's power was finally recognized after the completion of the Trump Tower on Fifth Avenue in 1979.

The 58-story shopping and apartment complex, complete with an 80-foot waterfall, garnered the attention Donald wanted. The fashionable building attracted the interest of famous shopkeepers and celebrity tenants such as Sophia Loren and the King of Saudi Arabia. The building has become Trump's trademark. Trump Tower saw a huge number of tourists, became a clear example of great financial success. When competitors tried to force Donald out of the market by cutting prices, Trump, on the contrary, raised them. He calculated correctly: rich consumers are not worried about price. Thanks to a well-adjusted advertising campaign, New York's moneymakers have been stingy in purchasing office space in Trump Tower. "Golden" meters were sold out overnight. This once again proved that Donald Trump understands the psychology of the rich. He found his niche and was going to use all its opportunities.

Entertainment empire: gambling business

After completing the construction of Trump Tower, Donald turned his eyes to Atlantic City, where he dreamed of creating entertainment empire. He enlisted his younger brother, Robert, to lead the project to buy land and obtain a gambling license. Holiday Inns Corporation offered to collaborate, and in 1982 a $250 million complex called Harra opened. Trump bought out Holiday Inns in 1986 and renamed the establishment the Trump Plaza Hotel & Casino, which has become as iconic in Atlantic City as Trump Tower in New York. Donald also bought the Hilton hotel and casino in Atlantic City, but when the corporation failed to obtain a gambling license, he renamed the $320 million complex Trump Castle. A little later, in 1990, he bought the most expensive casino hotel in the world, the Taj Mahal.

At its peak in 1989, Trump's $1 billion empire (in addition to Trump Tower and the Atlantic City casino) included Trump Parc, which was 24,000 rental units and apartments, Trump Shuttle Airline, an Indiana river casino, a football the New Jersey Generals of the US Football League, Trump Castle and fashionable private homes.

Trump's The Art of Survival was written for those who understand the mechanics of business relationships and want to succeed. While lecturing in America, Donald wipes the noses of those who used to be dismissive of him. In The Art of Survival, he states: "I set myself high goals to achieve what I become after that." Donald Trump focuses on the fact that creating a business is an ability with which a person is born, because it is genetically incorporated. This conviction has always guided his business.

Risks

It was at the moment when Trump felt that he had achieved everything he wanted, due to his lack of management experience, he began to lose control of his own business. The great tycoon liked to make acquisitions in the real estate market through someone else's money. His partners included lenders to major banks such as Citicorp, Chase Manhattan, and investment firms such as Merrill Lynch. In order to get loans, Trump paid a lot of attention to public opinion. He used the image created by the media to impress the bankers. He also had a close relationship with a real estate executive at Chase Manhattan Bank, who preferred to forge long-term relationships with top-notch clients, which Donald Trump embodied. This relationship made it possible to receive funding without formally reviewing each loan request (Trump was not always able to meet the necessary requirements). In the end, Donald was unable to balance between current assets and growing unpaid debts. Market instability, requiring large investments, promised Trump bankruptcy. Information began to leak into the press that the brilliant and charming Donald was not doing so well. In addition, they talked about problems in the personal life of the magnate. Trump was confused: the empire was slipping out of his hands, the most powerful man in New York was becoming helpless.

However, the banks at that time were not in the best position. They provided Trump with the money without caring too much about how successful his operations would be.

Banks, which had never funded a gambling business before, financed the Trump empire more enamored by his name and previous successes than by concrete arguments.

Donald built huge casinos, apartment complexes full of lights, hotels, an aeroflot and gave them his name. Banking representatives, blinded by Trump's charms, thought they would make huge profits. But in reality, it looked like they sold their souls to the Devil, because if Trump failed, then they would not be lucky.

Losses

In 1990, Trump found himself in the precarious position of being unable to repay more than $2 billion in loans. While it was possible to secure some funding in a critical event, in return, not only would the creditor banks have to hand over control and management of more part of real estate, but also 10% of all earned.

And yet, gradually losing control of the Trump Shuttle, the casino and the Plaza, Trump had to go through this in order to pay off the debt as soon as possible. Creditors were hard to beat. Ultimately, the litigation became like a tug-of-war: whose name would suffer more - them or Trump. If they wanted to provide Donald with money, the banks were constrained by the situation. The credit crunch forced the federal agencies to take more control of the banks, which in turn limited their ability to cooperate with Trump.

After numerous negotiations with creditors, Trump hired a financier to oversee the operation of the Trump empire. The new administrator was responsible for the sale of the property. Donald's personal expenses amounted to $450,000 in 1990 and $300,000 in 1992. However, Trump did not seem to lose hope. Like many real estate developers in New York, being on the verge of bankruptcy, he tried to stay afloat. True, neither the media nor the public were buying into his optimism.

What a swift collapse in the early nineties! Some believe that this was due to Trump's lack of clear strategies. For example, when decorating a building or a plane with his name, he thought that it would immediately bring him money.

Trump was not a magician, he was born with instinctive flair for profitable real estate ventures. Forbes magazine has been critical of Trump, arguing that his mounting debt will result in the loss of more than two-thirds of his wealth.

successes

Donald Trump has achieved resounding success in the real estate market, paying a very high price for it. He achieved a lot and quickly, but did not know how to plan. Trump's projects, like two sides of the coin, were profitable and deadly for investors at the same time.

Despite setbacks and 53 years of age, Trump remains the most famous businessman in America. According to research by the Gallap Organization, 98% of Americans know him better than such well-known businessmen as Jack Welch, Warren Buffett, Steve Jobs or Ted Turner. According to Forbes magazine, Donald was ahead of the time that gave birth to him and managed to stay in the spotlight. It is perfectly preserved, like a body frozen by cryogen. The love of money, success and fame drives him, prompting him to create large projects, amazing the city and the public.

There is another view of Trump's activities. Fortune magazine polled several thousand wealthy people to rank the 469 companies that everyone admires. Trump's casinos in 1999 were in last place.

The fact is that Trump's fortune allows him to invest in several projects at the same time. Usually one in five investments will cover the rest, although Donald himself tries to disprove this in his book The America We Deserve: “I don't think anyone knows how big my business is. People prefer to talk about my personal life, and not about the fact that I am building a 90-story building next to the UN ... They condemn me for every wrong step.

Many associates of Donald Trump talk about his incredible abilities and supernatural memory. But here's what's surely hard to argue with: Trump will never play with security. Trump visits construction sites every day, yelling that the wrong kind of concrete is being used, that the marble isn't flat enough, that the ceiling needs to be torn down and redone. Trump should be everywhere. He says that if you want to do something well, you must do it yourself. He is the sole manager of his company: he negotiates with subcontractors, instead of relying on the purchasing department. But he is able to make the porter or worker feel needed and important.

Trump's lifestyle hasn't changed much since the early 1980s, his approach to doing business has changed. He has become more cautious, he does not refrain from investing large sums, he tries to cooperate with financial patrons.

There are many who want to take advantage of the hyped name: one company paid Donald $5 million for the right to place the Trump Tower sign on a hotel in Seoul. Trump's opponents and rivals say that Donald is being exploited financially, that Trump has become a brand, that his name is plastered on buildings that he does not own. Trump always defends himself by saying, "I'm the biggest real estate developer in the hottest city in the world."

In Manhattan, Donald and his partner Daewoo built a huge 90-story building called the Trump World Tower. The skyscraper is about 900 feet tall and is located on First Avenue. Hanging over Manhattan, it literally suppresses the “modest” 59-story UN building located opposite. They say that UN Secretary General Kofi Annan is terribly dissatisfied with such a neighborhood, but what can you do if even the former mayor of New York, Rudolph Giuliani, chose not to interfere.

On the west side of Manhattan, Trump and a group of Hong Kong investors own two buildings in an 18-building apartment complex above the Hudson River that, again, bear Trump's name. This project was the last on the ground of Manhattan. Sales of apartments in both buildings bring a huge income. As for Trump's three properties, he calls them "my other children": Trump Tower, 40 Wall Street, and General Motors, which he bought in 1998 with insurance company Conseco. In addition, Donald Trump is the official owner of the Miss Universe pageant, a highly popular and lucrative enterprise watched by some 2.5 billion people in more than 90 countries. Almost 700 foreign TV channels buy the right to broadcast the competition. And if we take into account that 150 million Internet users saw the beauties, then we can estimate how much profit was brought by advertising at these events. But even this was not enough for Trump. In 2000, he ran in the presidential election as a representative of the Reform Party.

But not everything is so smooth...

Without his casinos, Trump would not be who he is today. Once Trump Hotels & Casino Resorts, opened by Donald in 1995 under the name DJT, were his salvation. It was they who, with the then earnings of a construction magnate of $ 140 million, helped to repay loans. Surprisingly, even after almost complete bankruptcy and unsuccessful investments, Donald's assets are in great shape. Trump's three casinos in New Jersey account for almost a third of all gambling revenues in Atlantic City and compete with the new Taj Mahal mega-casino, which has about 4,500 slot machines and brings in $100 million in cash annually. The flow of the smaller Trump Marina is $53 million. Adding in revenue from the Trump Plaza and the Outside Gary Ind.

At first glance, the amount is impressive, but given that most of the income goes to repay a high-interest debt of $1.8 billion, the company does not have much money left for reinvestment. Shareholders get even less.

The press often accuses Trump of using the casino as a "personal piggy bank." This, for example, can be judged by the fact that the pilots of his personal Boeing 747 are on the company's payroll.

Donald does not leave the media without gossip. For example, in 1996, when he sold Trump Marina for what shareholders thought was too high, Trump claimed it was a "great deal." He angered investors when, in 1998, he used $26 million given to him by the company to pay off a personal loan to Donaldson Lufkin & Jenrette. However, Donald himself completely denied the fact that he misused the company's funds, promising to return the money. Well, Trump always knows how to take advantage of the situation in the best possible way.

Many believe that the right decision for Trump would be to step down from office. Production executives believe that this move alone could lead to a 30% increase in the company's share price. But Trump always takes the opposite path. He proves that he can do without advice.

It is rather strange that a person who "lives" in the media does not have PR people. While even petty tycoons defend themselves with “platoons” of press attaches, he relies only on his old assistant, Norma Foederer (photo). Donald answers the questions of most reporters personally, gaining fame as the most "accessible" businessman in the world.

Although Trump runs two companies with a staff of 22,000, it is not easy to feel like his subordinate - he is not only the sole owner, but also the only employee. Both former and current employees speak of Donald as a loyal but not particularly generous boss. However, some shrug their shoulders when it comes to the popularity of their manager. Trump is ironic and ambitious. He is a purposeful workaholic, constantly on the lookout, so it's hard to blame him for using his desire to shake America up again as an incentive for success. It seems that Trump's name will always remain in the spotlight, because it is not without reason that his surname is translated as "trump card".

Personal life

Donald Trump is successful not only in business, but also on the love front. For all the time, Donald had three wives. Two of which were Slavs.

Ivana Zelnichkova, a native of Czechoslovakia, was married to a businessman for 15 years, from 1977 to 1992. She gave birth to a girl and two boys.

With his second wife Marla Maples, they spent 6 years together, 1993 - 1999, and a girl appeared from the marriage.

And the third wife, with whom Donald has been from 2005 to the present, Melania Knauss (photo), Yugoslavian. The billionaire gave birth to a boy.

Interestingly, without paying a cent, Donald Trump made a wedding gift to Melania. He received a $1.5 million platinum ring set with 15 diamonds totaling 13 carats as an advance for Trump's services to Graff jewelry firm.

Presidential Company

On June 16, 2015, multibillionaire Donald Trump announced his intention to run for President of the United States of America from the Republican Party. Elections will be held on November 8, 2016. The main slogan of the election campaign "Let's return greatness to America!" In the election campaign, Trump does not hide his wealth, but, on the contrary, opposes himself to politicians who depend on "sponsors".

Interestingly, the income statement filed with the Federal Election Commission turned out to be the longest in the history of the department and amounted to 104 pages.

According to this certificate, Donald Trump's fortune as of May 2016 is over $10 billion.

How to become a millionaire (according to Trump)

1. Always dress appropriately for your culture.

2. Intentionally damage your reputation

3. Become your own financial advisor

4. Let's change

5. Don't neglect hairdressing

6. Try to avoid handshakes

7. Follow your instincts

8. Stay optimistic but be prepared for failure

9. Pay attention to details

10. Make marriage contracts



Donald John Trump is the elected 45th President of the United States of America, businessman and politician, member of the Republican Party, media mogul, writer, president of the construction conglomerate Trump Organization, founder of Trump Entertainment Resorts, a gambling and hotel business. Trump is an executive producer and host of the reality show The Apprentice. Known for an extravagant lifestyle and outspoken style of communication.

On June 16, 2015, Donald Trump announced that he would be running for the 2016 President of the United States. In May 2016, ahead of other candidates in the primaries, Trump effectively became the candidate of the Republican Party.

The Republican Party Convention, held July 18–21, 2016, confirmed Donald Trump as the official Republican Party presidential candidate.

Trump was the second bipartisan presidential candidate in history to gain prominence primarily as a businessman (the first was Wendell Willkie in 1940).

Trump's father is Fred Christ Trump (10/11/1905, Woodhaven, New York, USA - 06/25/1999).
Mother - Mary Ann MacLeod (05/10/1912, Tong, Stornoway, Isle of Lewis, Scotland - 08/07/2000); in 1930, at the age of 18, she left for the holidays in New York, where she met a local builder and stayed. The wedding took place in 1936.

Donald Trump's paternal grandparents were German immigrants: Frederick Trump (born Friedrich Trump, 03/14/1869, Kallstadt, Rhineland-Palatinate - 03/30/1918) immigrated to the United States in 1885, received citizenship in 1892; his wife is Elizabeth Christ (10/10/1880 - 06/6/1966). Wed in Kallstadt, Rhineland-Palatinate in 1902.

On the mother's side, Donald Trump has Scottish roots.

Trump has two brothers and two sisters - Fred Jr. (now deceased), Robert, Marianne and Elizabeth. His older sister, Marianne Trump-Barry, is a federal appeals court judge and the mother of David Desmond, a well-known neuropsychologist and writer in the United States.

Trump attended Kew Forest School in Forest Hills, Queens, and at the age of 13 he faced difficulties. His parents sent him to the New York Military Academy, a private boarding school, in hopes of channeling his energy and self-confidence in a positive direction. It worked: Trump went to an academy in upstate New York, won academy awards, played on the football teams in 1962 and 1963, and on the baseball team in 1962-1964 (he was team captain in 1964). Baseball coach Ted Dobias, known for his selfless work with children, awarded him the Coach Award in 1964.

Donald Trump:“After graduating from the New York Military Academy in 1964, I thought about going to film school ... but in the end I decided that real estate was a more profitable business. I started at Fordham University...but after two years I decided that going to college was the same for me as if I didn't go to school at all. So I applied to the Wharton School of Business at the University of Pennsylvania and got in… I was so excited when I graduated. I immediately went home and started working for my father.”

He graduated from Wharton in 1968 with a Bachelor of Science degree in economics and a major in finance. His father's company was a leader in real estate.

By 1989, due to the financial crisis, Trump was unable to repay his loans. He has invested $1 billion in building his third Trump Taj Mahal casino, mostly in high-interest junk bonds. This decision gave him an advantage over his competitors, who used most of their own money to fund their projects. Even though Trump shored up his business with additional loans and deferred interest payments, by 1991, mounting debt had not only caused business-related bankruptcy but also brought him to the brink of personal bankruptcy. Banks and bondholders lost hundreds of millions of dollars, but still decided to restructure Trump's debt to avoid even more spending money in court.

By 1994, Trump had eliminated most of his $900 million in personal debt and significantly reduced his business debt of about $3.5 billion. keep the Trump Tower in New York and remain in charge of three casinos in Atlantic City.

In the 2000 presidential election, he participated in the primaries for the US Reform Party. Won the primaries in Michigan and California. Oprah Winfrey nominated for vice president. The Cabinet also planned to include Colin Powell and John McCain. Then dropped out of the race

In November 2013, Donald Trump visited Moscow, where the Miss Universe 2013 contest was held (Trump has owned the rights to host the annual Miss Universe beauty pageants since 1996). He stated that he was satisfied with the organization of the competition and noted the contribution of businessmen Araz and Emin Agalarov to its conduct (he congratulated the latter on his "excellent singing"). Trump also announced that he was going to build a skyscraper in Moscow - an analogue of the New York business center "Trump Tower".

On November 10, 2015, during another debate of Republican candidates, Trump spoke out in support of Russia's military operation in Syria, saying: "If Putin wants to gouge ISIS, I'm 100 percent for it, and I can't understand how anyone can be against this."


Donald Trump's Star on the Hollywood Walk of Fame

Donald Trump has been nominated twice for a Primetime Emmy Award for comically portraying himself in television series and feature films, such as Home Alone 2: Lost in New York, The Babysitter, The Fresh Prince of Bel-Air, The Days of our life”, and as a characteristic character in the film “Mischief”.

In 1977, Trump married 28-year-old Ivana Zelnichkova. They have three children: Donald Jr., Ivanka and Eric. In 1992 they divorced.

Trump married 29-year-old Marla Maples in 1993. From this marriage he has a daughter, Tiffany. They divorced on June 8, 1999. In February 2008, on ABC's Evening Line, Trump said the following about his wives: “I only know that it was very difficult for them (Ivana and Marla) to compete with what I love. I really love what I do."

On April 26, 2004, he proposed to Melania Knavs from Slovenia on her 34th birthday. Trump and Knavs (who is 24 years younger than Trump) married January 22, 2005 in Bethesda at the Sea Episcopal Church on Palm Beach Island, Florida, and then married at Mar-a-Lago, Trump's estate. Neither Melania nor Trump are members of the Episcopal Church. On March 20, 2006, Melania gave birth to a son, who was named Barron William Trump. He is Trump's fifth child.

Trump has eight grandchildren.

Trump is an avid golfer. He is a member of the Winged Foot Golf Club in Mamaroneck, New York and regularly competes at his courses.