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Donald Trump



 
 
Donald John Trump (born June 14, 1946) is an American
United States

The United States of America is a Federal government constitutional republic comprising U.S. state and a federal district. The country is situated mostly in central North America, where its Contiguous United States and Washington, D.C., the Capital districts and territories, lie between the Pacific Ocean and Atlantic Oceans, Borders of the U...
 business magnate
Business magnate

A business magnate, sometimes referred to as a mogul, tycoon, baron, or industrialist, is a partially informal term used to refer to a person who has reached a prominent place in a particular industry and whose wealth has been derived primarily therefrom....
, socialite
Socialite

A socialite is a person who is known to be a part of fashionable Upper class because of his or her regular participation in social activities and fondness for spending a significant amount of time Entertainment and being entertained....
, television personality, and author
Author

An author is defined both as "the person who originates or gives existence to anything" and that authorship determines responsibility for what is created....
. He is the Chairman and CEO of the Trump Organization
Trump Organization

The Trump Organization is the primary company of Donald Trump, a prominent United States real estate developer. Trump is the current CEO of the company....
, a US-based real-estate developer. Trump is also the founder of Trump Entertainment Resorts
Trump Entertainment Resorts

Trump Entertainment Resorts, Inc. is a holding company which owns and manages it's own casinos/hotels in Atlantic City, New Jersey. The company was formed in 2005 as a result of the restructuring of its predecessor, Trump Hotels & Casino Resorts....
, which operates numerous casino
Casino

A casino is, in the modern sense of the word, a facility that houses and accommodates certain types of gambling activities. Casinos are most commonly built near or combined with hotels, restaurants, retail shopping, cruise ships and other tourist attractions....
s and hotels across the world. Trump's extravagant lifestyle and outspoken manner have made him a celebrity for years, a status amplified by the success of his NBC reality show
Reality television

Reality television is a genre of television programming which presents purportedly unscripted dramatic or humorous situations, documents actual events, and usually features ordinary people instead of professional actors....
, The Apprentice (where he serves as host and executive producer
Executive producer

The title of executive producer , or executive in charge of production, typically describes a film producer, television producer, radio producer, record producer, or similar Stakeholder who doesn't participate in the technical operations of the production process, but who is still responsible for the success of a project....
).

Donald was the fourth of five children of Fred Trump
Fred Trump

Frederick Christ "Fred" Trump was the father of the prolific real estate/entertainment magnate Donald Trump, his fourth of five children.Fred Trump was born on October 11, 1905 in Woodhaven, New York, Queens, New York....
, a wealthy real estate developer based in New York City
New York City

The City of New York is the List of United States cities by population in the United States, while the New York metropolitan area ranks among the List of urban areas by population....
.






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Quotations


Summer, you're fired! (To Tarek)...and you didn't make it by far, she saved your ass with her own stupidity!

(with grief)...and therefore, I accept your resignation.

In the end, you're measured not by how much you undertake but by what you finally accomplish.

Trump: the Art of the Deal, 1987.

Now, if your boss is a sadist, then you have a big problem. In that case, fire your boss and get a new job.

Trump: How to Get Rich, 2004.

People settle for mediocrity for one reason—they're lazy.

I love beautiful women, and beautiful women love me. It has to be both ways.

Interview with Norwegian talk show host Fredrik Skavlan in November 2003.





Encyclopedia


Donald John Trump (born June 14, 1946) is an American
United States

The United States of America is a Federal government constitutional republic comprising U.S. state and a federal district. The country is situated mostly in central North America, where its Contiguous United States and Washington, D.C., the Capital districts and territories, lie between the Pacific Ocean and Atlantic Oceans, Borders of the U...
 business magnate
Business magnate

A business magnate, sometimes referred to as a mogul, tycoon, baron, or industrialist, is a partially informal term used to refer to a person who has reached a prominent place in a particular industry and whose wealth has been derived primarily therefrom....
, socialite
Socialite

A socialite is a person who is known to be a part of fashionable Upper class because of his or her regular participation in social activities and fondness for spending a significant amount of time Entertainment and being entertained....
, television personality, and author
Author

An author is defined both as "the person who originates or gives existence to anything" and that authorship determines responsibility for what is created....
. He is the Chairman and CEO of the Trump Organization
Trump Organization

The Trump Organization is the primary company of Donald Trump, a prominent United States real estate developer. Trump is the current CEO of the company....
, a US-based real-estate developer. Trump is also the founder of Trump Entertainment Resorts
Trump Entertainment Resorts

Trump Entertainment Resorts, Inc. is a holding company which owns and manages it's own casinos/hotels in Atlantic City, New Jersey. The company was formed in 2005 as a result of the restructuring of its predecessor, Trump Hotels & Casino Resorts....
, which operates numerous casino
Casino

A casino is, in the modern sense of the word, a facility that houses and accommodates certain types of gambling activities. Casinos are most commonly built near or combined with hotels, restaurants, retail shopping, cruise ships and other tourist attractions....
s and hotels across the world. Trump's extravagant lifestyle and outspoken manner have made him a celebrity for years, a status amplified by the success of his NBC reality show
Reality television

Reality television is a genre of television programming which presents purportedly unscripted dramatic or humorous situations, documents actual events, and usually features ordinary people instead of professional actors....
, The Apprentice (where he serves as host and executive producer
Executive producer

The title of executive producer , or executive in charge of production, typically describes a film producer, television producer, radio producer, record producer, or similar Stakeholder who doesn't participate in the technical operations of the production process, but who is still responsible for the success of a project....
).

Donald was the fourth of five children of Fred Trump
Fred Trump

Frederick Christ "Fred" Trump was the father of the prolific real estate/entertainment magnate Donald Trump, his fourth of five children.Fred Trump was born on October 11, 1905 in Woodhaven, New York, Queens, New York....
, a wealthy real estate developer based in New York City
New York City

The City of New York is the List of United States cities by population in the United States, while the New York metropolitan area ranks among the List of urban areas by population....
. Donald was strongly influenced by his father in his eventual goals to make a career in real estate development, and upon his graduation from Wharton School at the University of Pennsylvania
Wharton School of the University of Pennsylvania

The Wharton School is the business school of the University of Pennsylvania, a member of the Ivy League, in Philadelphia, Pennsylvania. It was established in 1881 through a donation of Joseph Wharton and is the world?s first collegiate business school....
 in 1968, Donald Trump joined his father's company, The Trump Organization
Trump Organization

The Trump Organization is the primary company of Donald Trump, a prominent United States real estate developer. Trump is the current CEO of the company....
.

Starting with the renovation of the Commodore Hotel into the Grand Hyatt with the Pritzker family
Pritzker family

The Pritzker family is one of America's wealthiest, and has been near the top of Forbes magazine's "America's Richest Families" list since the magazine began in 1982....
, he continued with Trump Tower
Trump Tower (New York)

Trump Tower is a 58-story skyscraper in New York City located at 725 Fifth Avenue , at the corner of 56th Street. The mixed-use tower was developed by Donald Trump and the The Equitable Life Assurance Society of the United States....
 in New York City
New York City

The City of New York is the List of United States cities by population in the United States, while the New York metropolitan area ranks among the List of urban areas by population....
 and several other residential projects. Trump would later expand into the airline industry (buying the Eastern Shuttle routes), and Atlantic City casino business, including buying the Taj Mahal Casino
Trump Taj Mahal Casino Resort

The Trump Taj Mahal Casino Resort is located at 1000 Boardwalk in Atlantic City, New Jersey, in the bustling casino area along the shore. The casino is owned by Trump Entertainment Resorts....
 from the Crosby family, then taking it into bankruptcy. This expansion, both personal and business, led to mounting debt. Much of the news about him in the early 1990s involved his much publicized financial problems, creditor-led bailout, extramarital affair with Marla Maples
Marla Maples

Marla Maples is an United States actress, television personality, and socialite, best known for her former marriage to billionaire celebrity Donald J....
, and the resulting divorce from his first wife, Ivana Trump
Ivana Trump

Ivana Trump is a former Olympic Games athlete, socialite, and fashion model noted for her marriage to Business magnate Donald J. Trump....
.

The late 1990s saw a resurgence in his financial situation and fame. In 2001, he completed Trump World Tower
Trump World Tower

Trump World Tower is a residential skyscraper at 845 United Nations Plaza in Manhattan, New York City. Construction began in 1999 and concluded in 2001....
, a 72-story residential tower across from the United Nations Headquarters
United Nations headquarters

The United Nations Headquarters is a distinctive complex in New York City that has served as the headquarters of the United Nations since its completion in 1950....
. Also, he began construction on Trump Place
Trump Place

Trump Place is an apartment complex originated by Donald Trump on the Upper West Side of the New York City borough of Manhattan, New York.The $3 billion project on a site between 59th Street and 72nd Street was to include 16 apartment buildings with 5,700 residential units, of studio space, of office and retail space, and a waterfr...
, a multi-building development along the Hudson River
Hudson River

The Hudson River, called Muh-he-kun-ne-tuk , the Great Mohegan by the Iroquois, or as the Lenape Native Americans called it in Unami, Muhheakantuck, is a river that flows from north to south through eastern New York....
. Trump owns commercial space in Trump International Hotel and Tower
Trump International Hotel and Tower (New York)

The Trump International Hotel and Tower in New York City is a high-rise building, located in Manhattan at Columbus Circle, at the intersection of Central Park West and 59th Street /Central Park South....
, a 44-story mixed-use (hotel and condominium) tower on Columbus Circle
Columbus Circle

Columbus Circle, named for Christopher Columbus, is a major landmark and point of attraction in the New York City borough of Manhattan. Completed in 1905 and renovated a century later, it is located at the intersection of Broadway , Central Park West, Central Park South , and Eighth Avenue, at the southwest corner of Central Park, with coord...
. Trump currently owns several million square feet of prime Manhattan
Manhattan

Manhattan is one of the five borough of New York City, located primarily on Manhattan Island at the mouth of the Hudson River.With a United States Census of 1,620,867 living in a land area of 22.96 square miles , Manhattan, coextensive with New York County, is the most population density county in the United States, w...
 real estate, and remains a major figure in the field of real estate
Real estate

Real estate is a law term that encompasses land along with anything permanently affixed to the land, such as buildings, specifically property that is fixed in location.
 in the United States and a celebrity for his prominent media exposures.

Background and education

Donald Trump is the son of Fred Christ Trump
Fred Trump

Frederick Christ "Fred" Trump was the father of the prolific real estate/entertainment magnate Donald Trump, his fourth of five children.Fred Trump was born on October 11, 1905 in Woodhaven, New York, Queens, New York....
 (Woodhaven, New York
New York

The State of New York is a U.S. state in the Mid-Atlantic States and Northeastern United States regions of the United States and is the nation's List of U.S....
, 11 October 1905 – 25 June 1999) and wife Mary A. MacLeod (Stornoway
Stornoway

Stornoway is a burgh on the Lewis, in the Outer Hebrides of Scotland.The town's population is approximately 8,055, out of a total population of 26,370 for the whole of the Western Isles....
, Scotland
Scotland

conventional_long_name = ScotlandAlba|common_name= Scotland|image_flag = Flag of Scotland.svg|flag_width = 130px...
, 10 May 1912 – 7 August 2000), who married in 1936. His paternal grandparents were German immigrants Frederick Trump (Kallstadt
Kallstadt

Kallstadt is a municipality on the German Wine Route in the Bad D?rkheim , in Rhineland-Palatinate, in southwestern Germany. Kallstadt is also the birthplace of both parents of Henry J. Heinz - founder of the famous H J Heinz Company....
, Rheinland-Pfalz, 14 March 1869 – 30 March 1918), who immigrated to the United States in 1885 and became a naturalized US Citizen in 1892. Frederick married his wife, Elisabeth Christ (10 October 1880 – 6 June 1966) at Kallstadt
Kallstadt

Kallstadt is a municipality on the German Wine Route in the Bad D?rkheim , in Rhineland-Palatinate, in southwestern Germany. Kallstadt is also the birthplace of both parents of Henry J. Heinz - founder of the famous H J Heinz Company....
, Rheinland-Pfalz, in 1902.

Trump attended The Kew-Forest School
The Kew-Forest School

The Kew-Forest School is an independent, co-ed, college preparatory school for students in grades K-12. The school was established in 1918 strictly for residents of Forest Hills, Queens and Kew Gardens, Queens, hence the name....
 in Forest Hills, Queens
Forest Hills, Queens

Forest Hills is a neighborhood in the central part of the New York City borough of Queens . It is bordered to the north by Rego Park, Queens and Corona, Queens, to the east by Flushing Meadows Park, the Grand Central Parkway and Kew Gardens, Queens, to the west by Middle Village, Queens and Glendale, Queens and to the south by Forest Park...
, but after trouble there when he was thirteen, his parents sent him to the New York Military Academy
New York Military Academy

New York Military Academy, or NYMA, is an American private boarding school located in Cornwall on Hudson, New York, New York. It was founded in 1889 by Charles Jefferson Wright, a American Civil War veteran and former school teacher from New Hampshire who believed that a military structure provided the best environment for academic ach...
 hoping to direct his energy and assertiveness in a positive manner. It worked reasonably well: while at NYMA, in upstate NY, Trump earned academic honors, played varsity football in 1962, varsity soccer in 1963, and varsity baseball from '62-64 (baseball captain '64). The baseball coach, Ted Dobias, a local celebrity for his unselfish work with area youth, awarded him the Coach's Award in '64. Promoted to Cadet Captain-S4 (Cadet Battalion Logistics Officer) his Senior Year, Trump, and Cadet First Sergeant Jeff Donaldson, '65, (West Point '69) formed a composite company of cadets, taught them advanced close-order drill, and marched them all down Fifth Avenue on Memorial Day, 1964.

Trump attended Fordham University
Fordham University

'Fordham University' is a private university university in the United States, with three campuses located in and around New York City. It was founded by the Roman Catholic Archdiocese of New York in 1841 as St....
 for two years before transferring to the Wharton School at the University of Pennsylvania
Wharton School of the University of Pennsylvania

The Wharton School is the business school of the University of Pennsylvania, a member of the Ivy League, in Philadelphia, Pennsylvania. It was established in 1881 through a donation of Joseph Wharton and is the world?s first collegiate business school....
. After graduating in 1968 with a Bachelor of Science
Bachelor of Science

A Bachelor of Science is an bachelor's degree academic degree awarded for completed courses that generally last three to five years ....
 in economics
Economics

File:Ballard Farmers' Market - vegetables.jpgEconomics is the Social sciences that studies the Production theory basics, Distribution , and Consumption of Good and Service ....
 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
Wharton School of the University of Pennsylvania

The Wharton School is the business school of the University of Pennsylvania, a member of the Ivy League, in Philadelphia, Pennsylvania. It was established in 1881 through a donation of Joseph Wharton and is the world?s first collegiate business school....
 at the University of Pennsylvania
University of Pennsylvania

The University of Pennsylvania is a private research university located in Philadelphia, Pennsylvania, United States. Penn is America's first university and is the fourth-oldest institution of higher education in the United States....
 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."


Career


Early success (1968–1989)

Trump began his career at his father's company, the Trump Organization, and initially concentrated on his father's preferred field of middle-class rental housing in Brooklyn, Queens and Staten Island. One of Donald's first projects, while he was still in college, was the revitalization of the foreclosed Swifton Village apartment complex in Cincinnati, Ohio
Ohio

Ohio is a Midwestern United States U.S. state of the United States. As part of the Great Lakes region , Ohio has long been a cultural and geographical crossroads in North America....
--turning a 1200-unit complex with a 66% vacancy rate to 100% occupancy within a year. When the Trump Organization sold Swifton Village for $12 million, they cleared $6 million in profit.

In 1971 Trump moved his residence to Manhattan, where he became convinced of the economic opportunity in the city, specifically large building projects in Manhattan that would offer opportunities for earning high profits, utilizing attractive architectural design, and winning public recognition. Trump began by landing the rights to develop the old Penn Central yards on the West Side, then--with the help of a 40-year tax abatement by the financially strained New York City government, which was eager to give tax concession in exchange for investments at a time of financial crisis--turned the bankrupt Commodore Hotel into a new Grand Hyatt.

He was also instrumental in steering the development of the Javits Convention Center
Jacob K. Javits Convention Center

Jacob K. Javits Convention Center is a large convention center located on Eleventh Avenue , on the West side of Manhattan in New York City. It was designed by architects I....
 on property he had an option on. 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.

A similar opportunity would arise in the city's attempt to restore the Wollman Rink
Wollman Rink

Wollman Skating Rink is a public ice rink in the southern part of Central Park, Manhattan, New York City. The rink was opened in 1949 with funds donated by Kate Wollman....
 in Central Park
Central Park

Central Park is a large public, urban park in New York City, with about twenty-five million visitors annually. Most of the areas immediately adjacent to the park are known for impressive buildings and valuable real estate....
--a project started in 1980 with an expected 2½-year construction schedule that was still, with $12 million spent, nowhere near completion in 1986. Trump offered to take over the job at no charge to the city, an offer that was initially rebuffed until it received much local media attention. Trump was given the job which he completed in six months and with $750,000 of the $3 million budgeted for the project left over.

Financial problems (1989–1997)

By 1989, the effects of recession
Recession

In economics, the term recession describes the reduction of a country's gross domestic product for at least two Calendar_year#Quarters. The usual dictionary definition is "a period of reduced economic activity", a business cycle contraction....
 left Trump unable to meet loan payments. Trump financed the construction of his third casino, the $1 billion Taj Mahal
Trump Taj Mahal Casino Resort

The Trump Taj Mahal Casino Resort is located at 1000 Boardwalk in Atlantic City, New Jersey, in the bustling casino area along the shore. The casino is owned by Trump Entertainment Resorts....
, primarily with high-interest junk bonds
High-yield debt

In finance, a high yield bond is a Bond that is rated below investment grade at the time of purchase. These bonds have a higher risk of default or other adverse credit events, but typically pay higher yields than better quality bonds in order to make them attractive to investors....
. Although he shored up his businesses with additional loans and postponed interest payments, by 1991 increasing debt brought Trump to business bankruptcy
Bankruptcy

Bankruptcy is a legally declared inability or impairment of ability of an individual or organization to pay its creditors. Creditors may file a bankruptcy petition against a debtor in an effort to recoup a portion of what they are owed or initiate a restructuring....
 and the brink of personal bankruptcy. Banks and bond
Bond (finance)

In finance, a bond is a debt security , in which the authorized issuer owes the holders a debt and, depending on the terms of the bond, is obliged to pay interest and/or to repay the principal at a later date, termed Maturity ....
 holders had lost hundreds of millions of dollars, but opted to restructure his debt to avoid the risk of losing more money in court. The Taj Mahal re-emerged from bankruptcy on October 5, 1991, with Trump ceding 50% ownership in the casino to the original bondholders in exchange for lowered interest rates on the debt and more time to pay it off.

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.

By 1994, Trump had eliminated a large portion of his $900 million personal debt and reduced significantly his nearly $3.5 billion in business debt. While he was forced to relinquish the Trump Shuttle
Trump Shuttle

File:Trump-air2.jpgTrump Shuttle, Inc., doing business as Trump Airlines, was an airline owned by Donald Trump from 1989 to 1992. The landing rights and some of the physical assets necessary to operate the shuttle flights were originally part of Eastern Air Lines and known as the Eastern Air Lines#Eastern Air Shuttle....
 (which he had bought in 1989), he managed to retain Trump Tower in New York City and control of his three casinos in Atlantic City. Chase Manhattan Bank
Chase Manhattan Bank

Chase is the consumer and commercial banking division of JPMorgan Chase. The bank was known as Chase Manhattan Bank until it merged with JPMorgan in 2000....
, which lent Trump the money to buy the West Side yards, his biggest Manhattan parcel, forced the sale of a parcel to Asian developers. According to former members of the Trump Organization, Trump did not retain any ownership of the site's real estate - the owners merely promised to give him about 30 percent of the profits once the site was completely developed or sold. Until that time, the owners wanted to keep Trump on to do what he did best: build things. They gave him a modest construction fee and a management fee to oversee the development. The new owners also allowed him to put his name on the buildings that eventually rose on the yards because his well-known moniker allowed them to charge a premium for their condos.

In 1995, he combined his casino holdings into the publicly held Trump Hotels & Casino Resorts. Wall Street
Wall Street

Wall Street is a street in lower Manhattan, New York City, New York, United States. It runs east from Broadway to South Street on the East River, through the historical center of the Financial District, Manhattan....
 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 $3 billion in debt. Under such financial pressure, the properties were unable to make the improvements necessary for keeping up with their flashier competitors.

Finally, on October 21, 2004, Trump Hotels & Casino Resorts announced a restructuring of its debt. The plan called for Trump's individual ownership to be reduced from 56 percent to 27 percent, with bondholders receiving stock in exchange for surrendering part of the debt. Since then, Trump Hotels has been forced to seek voluntary bankruptcy protection to stay afloat. After the company applied for Chapter 11 Protection in November 2004, Trump relinquished his CEO position but retained a role as Chairman of the Board. In May 2005 the company re-emerged from bankruptcy as Trump Entertainment Resorts Holdings.

Resurgence (1997–2007)

's latest feat]] Trump has several projects under way. The level of success of the progress of the projects varies. The Trump International Hotel and Tower - Honolulu
Trump International Hotel and Tower (Honolulu)

On May 31, 2006 the Associated Press announced that famed real estate developer Donald Trump has plans for a luxury hotel-condominium tower as part of an $800 million Waikiki Beach Walk redevelopment project in Honolulu, Hawaii....
 seems to be a success. According to Trump, buyers paid non-refundable deposits to commit to purchase every unit on the first day they were made available. Construction of the Trump International Hotel and Tower - Chicago
Trump International Hotel and Tower (Chicago)

The Trump International Hotel and Tower, also known as Trump Tower Chicago and locally as the Trump Tower, is a skyscraper condo-hotel under construction in downtown in the United States....
 seems to be proceeding as planned although 30% of the units remain unsold. The Trump International Hotel and Tower - Toronto
Trump International Hotel and Tower (Toronto)

Trump International Hotel & Tower, Toronto is a mixed-use skyscraper currently under construction in Toronto, Ontario Canada. It is being built by Talon International Development Inc., which is owned by Canadian billionaire Alex Shnaider....
 has had a series of delays and a height reduction. The Trump Tower - Tampa
Trump Tower (Tampa)

The Trump Tower is a condominium project on hold located in downtown Tampa, Florida. The building is visible from the end of Bayshore Boulevard and Tampa General Hospital on the Hillsborough River waterline....
 has been quite controversial because the initial sales were so successful that all deposits were returned to charge a higher price. Three years after construction of this controversial development began, construction has delayed and lawsuits have been filed. In one Trump construction project was put on hold in favor of another (Trump International Hotel and Tower - Fort Lauderdale
Trump International Hotel and Tower (Fort Lauderdale)

Donald Trump will build a 24 story, 298 room $200 million hotel condominium tower on 200 feet of Fort Lauderdale, Florida oceanfront at North Fort Lauderdale Beach Boulevard, just a few blocks from Las Olas Boulevard....
). Meanwhile, Trump Towers - Atlanta is being developed in a housing market which has the nation's second-highest inventory of unsold homes.

2008 financial crisis

Trump has been caught in the 2008 financial crisis as sales for his Trump International Hotel and Tower
Trump International Hotel and Tower (Chicago)

The Trump International Hotel and Tower, also known as Trump Tower Chicago and locally as the Trump Tower, is a skyscraper condo-hotel under construction in downtown in the United States....
 in Chicago
Chicago

Chicago is the largest city in the U.S. state of Illinois and the Midwestern United States, as well as the List of United States cities by population city in the United States with more than 2.8 million residents....
 have been lagging and he failed to pay a $40m loan to Deutsche Bank
Deutsche Bank

Deutsche Bank Aktiengesellschaft is an international Universal bank with a broad private clients franchise, headquartered in Frankfurt am Main, Germany....
 in December. Arguing that the crisis is an Act of God
Act of God

Act of God is a List of legal Latin terms for events outside of human control, such as sudden floods or other natural disasters, for which no one can be held responsible....
, he evoked a clause in the contract to not pay the loan and initiated a countersuit asserting his image has been damaged. Deutsche Bank has in turn noted in court that 'Trump is no stranger to overdue debt' and that he has twice previously filed for bankruptcy with respect to his casino operations.

On 17 February 2009 Trump Entertainment Resorts
Trump Entertainment Resorts

Trump Entertainment Resorts, Inc. is a holding company which owns and manages it's own casinos/hotels in Atlantic City, New Jersey. The company was formed in 2005 as a result of the restructuring of its predecessor, Trump Hotels & Casino Resorts....
 filed for Chapter 11 Bankruptcy, Mr Trump having stated on February 13 that he would resign from the board.

Properties

Nm Trump Toronto
In its October 7, 2007 Forbes 400 issue, "Acreage Aces," Forbes valued Trump's wealth to $3.0 billion. Trump is known for his many properties.

Selected completed properties

  • Trump World Tower
    Trump World Tower

    Trump World Tower is a residential skyscraper at 845 United Nations Plaza in Manhattan, New York City. Construction began in 1999 and concluded in 2001....
    : 845 United Nations Plaza, New York, NY. It is valued at $290 million.
  • Trump Tower
    Trump Tower (New York)

    Trump Tower is a 58-story skyscraper in New York City located at 725 Fifth Avenue , at the corner of 56th Street. The mixed-use tower was developed by Donald Trump and the The Equitable Life Assurance Society of the United States....
    : 725 Fifth Ave, New York, NY 10022 Trump owns the retail and office space on the lower half of this building. It is valued at $288 million.
    • Personal Residence: Trump Tower: top 3 floors of Trump Tower with approximately 30,000 square feet (3,000 m²) of space; detailed in bronze, gold, and marble. Worth as much as $50 million, it is one of the most valuable apartments in New York City.
  • AXA Financial Center, 1290 Avenue of the Americas, New York, NY
  • 555 California Street, formerly the Bank of America Center, in San Francisco: When Trump was forced to sell a stake in the railyards on Manhattan's West Side, the Asian group to which he sold then sold much of the site for $1.76 billion. They then reinvested the rest of the money, via a tax-free exchange, into two office buildings: 1290 Avenue of the Americas in Manhattan and 555 California Street in San Francisco (The Group has since sold their stake to Vornado Realty Trust
    Vornado Realty Trust

    Vornado Realty Trust is a New York based real estate investment trust. It is the inheritor of real estate formerly controlled by companies including Two Guys and Alexander's....
    ). Trump ended up owning 30% of the two buildings. Based on the recent sales price, Trump's stake is valued at $540 million.
  • The Trump Building at 40 Wall Street
    40 Wall Street

    40 Wall Street is a 70-story skyscraper originally known as the Bank of Manhattan Trust building, but then became known by the numerical address when its founding tenant merged with the Chase National Bank to form the Chase Manhattan Bank....
    : Trump bought and renovated this building for about $35 million in 1996. Although Trump claims it is worth $400 million, New York tax assessors value it at only $90 million. Mr. Trump has taken out a $145 million mortgage on this property to use for other investments. Forbes values the property at $260 million.
  • Trump Entertainment Resorts: This company owns the Trump branded casino resorts. After a long period of financial trouble, the company entered bankruptcy protection in 2004. Trump agreed to invest $55 million cash in the new company and pay $16.4 million to the company's debtors. In return he holds a 29.16% stake in the new public company. This stake was worth approximately $171 million in October 2006. The following are the Trump branded casino resorts:
    • Trump Taj Mahal ()
    • Trump Plaza
      Trump Plaza (Atlantic City)

      .Trump Plaza Hotel and Casino is a Trump branded casino-hotel resort located on the Boardwalk in Atlantic City, New Jersey at Mississippi Avenue....
       ()
    • Trump Marina
      Trump Marina

      Trump Marina Hotel Casino is located in Atlantic City, New Jersey and is managed by Trump Entertainment Resorts. It was built as a Hilton, but that company was denied a gambling license by the State of New Jersey due to alleged ties to organized crime when the building was nearly complete and they had to sell the complex to Donald Trump....
       ()
  • Riverside South/Trump Place
    Trump Place

    Trump Place is an apartment complex originated by Donald Trump on the Upper West Side of the New York City borough of Manhattan, New York.The $3 billion project on a site between 59th Street and 72nd Street was to include 16 apartment buildings with 5,700 residential units, of studio space, of office and retail space, and a waterfr...
     When completed, Riverside South will be the largest single private development in New York City's history. It was built by the Trump Organization, although financed by investors from Hong Kong and owned by the Hudson Waterfront Company. During his financial difficulties in the mid 90's, Trump was forced to sell this site, the former west side rail-yards. The new owners continued Trump's involvement with the property and sought to use his name to seek higher sales prices. Trump was paid $2 million annually for his oversight of the project, and he was offered an estimated 30% of the net profits upon completion of this 10 year project. The investors sold off the uncompleted project in 2005 for $1.8 billion and offered Mr. Trump $500 million. Trump contends that the property should have been sold for more than $3 billion and in 2006 sued the owners for selling without his consent, and sought $1 billion in damages. Forbes values his stake in the property at $170 million.
  • Trump International Hotel and Tower Chicago
    Trump International Hotel and Tower (Chicago)

    The Trump International Hotel and Tower, also known as Trump Tower Chicago and locally as the Trump Tower, is a skyscraper condo-hotel under construction in downtown in the United States....
     (), (under construction, anticipated completion is 2009) The entire project is valued at $1.2 billion ($112 million stake for Trump).
  • Trump Hotel Las Vegas () This is a joint development with fellow Forbes 400 member, Phillip Ruffin. Trump's stake is valued at $162 million.
  • Trump International Hotel and Tower New York
    Trump International Hotel and Tower (New York)

    The Trump International Hotel and Tower in New York City is a high-rise building, located in Manhattan at Columbus Circle, at the intersection of Central Park West and 59th Street /Central Park South....
     (), Trump provided his name and expertise to the building's owner (GE) during the building's re-development in 1994 for a fee totaling $40 million ($25 million for project management and $15 million in incentives deriving from the condo sales). Forbes values Trump's stake at $12 million.
  • Trump Park Avenue
    Trump Park Avenue

    Trump Park Avenue is a Luxury residential tower block owned by Real estate developer Donald Trump. It is located at 502 Park Avenue Manhattan, New York City....
    : Park Avenue & 59th Street. It is valued at $142 million.
  • Golf Courses (valued at $127 million):
    • Trump currently owns four golf courses in the United States including Trump National Golf Club in Briarcliff Manor, New York, Trump National Golf Club in Bedminster, New Jersey, Trump International Golf Club in West Palm Beach, Florida, and Trump National Golf Club in Los Angeles, CA.
    • In 2006, Donald Trump purchased a plot just north of Aberdeen
      Aberdeen

      Aberdeen is Scotland's third most populous City status in the United Kingdom and one of Scotland's 32 Local government in Scotland Council areas of Scotland....
       at Menie
      Menie

      Balmedie is a rapidly growing village north of the city of Aberdeen in Scotland. The long and wide beach of clean golden sand is bordered by an extensive sand dune system that stretches from Aberdeen to just north of the Ythan Estuary at Newburgh, Aberdeenshire....
      , Scotland
      Scotland

      conventional_long_name = ScotlandAlba|common_name= Scotland|image_flag = Flag of Scotland.svg|flag_width = 130px...
      , Trump International Golf Links, with the intention of turning it into a £1 billion golf resort and "the world's best golf course". The development plan included two courses, a 5-star hotel, holiday homes, and a golf academy. Trump wishes the site, once finished, to hold the British Open
      The Open Championship

      The Open Championship, or simply The Open , is the oldest of the four men's major golf championships in men's golf. It is the only major held outside the USA and is administered by the R&A, which is the governing body of golf outside the USA and Mexico....
      . There has been opposition from some locals and negative reaction from environmental groups interested in preserving the 4,000-year-old dune
      Dune

      In physical geography, a dune is a hill of sand built by aeolian processes. Dunes are subject to different forms and sizes based on their interaction with the wind....
      s that are designated as an SSSI (Site of Special Scientific Interest)
      Site of Special Scientific Interest

      A Site of Special Scientific Interest or SSSI is a conservation designation denoting a protected area in the United Kingdom. SSSIs are the basic building block of site-based nature conservation legislation and most other legal nature/geological conservation designations in Great Britain are based upon them, including National Nature Res...
      . The development was rejected by the local council's planning subcommitee and is currently going through a planning inquiry with the Scottish Parliament
      Scottish Parliament

      The Scottish Parliament is the Devolution national, Unicameralism legislature of Scotland, located in the Holyrood, Edinburgh area of the capital Edinburgh....
      .
    • Trump is also building Trump International Golf Club in the Caribbean island of Canouan Island, The Grenadines. The development will include Trump Club Privee, a Monte Carlo inspired casino.
    • Trump also builds residential housing developments near these golf clubs. Examples include: The Estates at Trump National in Rancho Palos Verdes, CA, Trump Island Villas on Canouan Island, The Grenadines, and The Residences at Trump National in Westchester County, NY.
  • Nike Store: The Niketown store is located in Trump Tower. It is valued at $120 million
  • Palm Beach
    Palm Beach

    Palm Beach may refer to:...
     estate: 43,000 square feet (4,000 m²) on a large oceanfront lot in Palm Beach. Trump purchased this property for $40 million at a bankruptcy auction in 2004. Renovations to the property were led by the Season 3 Apprentice Kendra Todd
    Kendra Todd

    Kendra Todd was hired by Donald Trump on national television at the conclusion of The Apprentice of NBC's The Apprentice live at New York University on May 19, 2005....
    , and Trump sold the property for $100 million in June 2008, making it the most expensive house ever sold in the United States. (The preivous record is $70 million for Ron Perelman
    Ronald Perelman

    Ronald Owen Perelman is an American billionaire investor who made his fortune buying beleaguered corporations and re-selling them later for enormous profits....
    's Palm Beach estate in 2004.). Forbes values his stake in the property for $43 million.
  • Mar-A-Lago
    Mar-A-Lago

    Mar-A-Lago , built 1924-1927, is the name of the Marjorie Merriweather Post estate in Palm Beach, Florida. Post built the house with her husband, Edward F....
     (), Palm Beach, Florida. Most of this estate has been converted into a private club. This landmark property, according to Trump, has received bids near $200,000,000. However, Forbes magazine does not take into account either of Trump's large vacation residences (Mar-a-Largo or his spread near Bedford, NY
    Bedford (town), New York

    Bedford is a Political subdivisions of New York State#Town in Westchester County, New York, New York, United States. The population was 18,133 at the 2000 census....
     in Westchester County, NY) for its valuation of his wealth.


Real Estate Licensing

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 portion of Trump's empire, actually run by his children, is by far his most valuable with a valuation of $562 million. According to Forbes, there are 33 licensing projects under development including seven "condo hotels" (i.e. The seven Trump International Hotel and Tower developments). Some examples are:
  • Manhattan:
    • Trump Palace: 200 East 69th Street, New York, NY
    • Trump Parc and Trump Parc East: Two adjoining buildings on Central Park South on the southwest corner of The Avenue of the Americas. Trump Parc East is a 14-story apartment building and Trump Parc (the former Barbizon Plaza Hotel) is a 38-story condominium building.
    • Trump Plaza: 167 East 61st Street, New York, NY ( 39-story, Y-shaped plan condominium building on the Upper East Side)
    • 610 Park Avenue (The old Mayfair Hotel): Trump is helping with the construction and development of this property for Colony Capital.
    • Trump Soho () Hotel Condeminium: A partnership with Bayrock Group to build a 42 story building in Soho
      Soho

      Soho is an area in the centre of the West End of London of London, England, in the City of Westminster. It is an entertainment district which for much of the later part of the 20th century had a reputation for its sex shops as well as its night life and film industry....
      .
  • New York City Suburbs:
    • Trump Plaza: Jersey City, NJ. The project includes New Jersey's two tallest residential towers and costs about $450 million. The 55-story tower will have 445 condos, and the 50-story tower will have 417.
    • Trump Plaza (New Rochelle)
      Trump Plaza (New Rochelle)

      Trump Plaza is a 40-story luxury residence located in downtown New Rochelle, New York. The building was designed by the nationally recognized architectural firm of Costas Kondylis & Partners....
       is a 39-story luxury residence and hotel with retail space that is currently under construction in Westchester County, NY with developer Louis R. Cappelli
      Louis R. Cappelli

      Louis R. Cappelli is a real estate developer most active in Westchester County, New York. Sometimes called "The Donald Trump of Westchester," Cappelli has developed more than four million square feet of mixed use, retail, waterfront, residential, office building, laboratory and parking facilities with a portfolio value exceeding $2 billion....
      .
    • Trump Tower at City Center
      Trump Tower (White Plains)

      Trump Tower at City Center is a 35-story high-rise condominium apartment building built in White Plains, New York, Westchester County, New York....
       is a 35-story condominium apartment building built in Westchester County, New York with developer Louis R. Cappelli
      Louis R. Cappelli

      Louis R. Cappelli is a real estate developer most active in Westchester County, New York. Sometimes called "The Donald Trump of Westchester," Cappelli has developed more than four million square feet of mixed use, retail, waterfront, residential, office building, laboratory and parking facilities with a portfolio value exceeding $2 billion....
      .
    • Trump Parc Stamford is a development in Stamford, Connecticut
      Stamford, Connecticut

      Stamford is a city in Fairfield County, Connecticut, Connecticut, United States. According to 2007 Census Bureau estimates, the population of the city is 118,475, making it the fourth largest city in the state....
       with F. D. Rich Company and Louis R. Cappelli
      Louis R. Cappelli

      Louis R. Cappelli is a real estate developer most active in Westchester County, New York. Sometimes called "The Donald Trump of Westchester," Cappelli has developed more than four million square feet of mixed use, retail, waterfront, residential, office building, laboratory and parking facilities with a portfolio value exceeding $2 billion....
      .
  • Florida:
    • Trump International Hotel and Tower Fort Lauderdale
      Trump International Hotel and Tower (Fort Lauderdale)

      Donald Trump will build a 24 story, 298 room $200 million hotel condominium tower on 200 feet of Fort Lauderdale, Florida oceanfront at North Fort Lauderdale Beach Boulevard, just a few blocks from Las Olas Boulevard....
       (), Anticipated completion is 2007
    • Trump Towers (Sunny Isles Beach, Florida): will have over 270 residential condominiums
    • Trump Grande Ocean Resort and Residences: A hotel condominium (Trump International Sonesta Beach) and two residential condominium towers (Trump Palace and Trump Royale) located in Sunny Isles Beach, Florida
      Sunny Isles Beach, Florida

      Sunny Isles Beach is a city located on a shoal in northeast Miami-Dade County, Florida, Florida, United States. The City is bounded by the Atlantic Ocean on the east and the Intracoastal Waterway on the west....
       with fellow Forbes 400 member Jorge Perez.
    • Trump Hollywood: A 40-story building on Hollywood Beach, Florida with fellow Forbes 400 member Jorge Perez.
    • Trump Tower (Palm Beach) will be a 23-story residential condominium development.
  • Domestic:
    • Trump Towers (Atlanta): Tower I will be 48 stories and include 370 units while Tower II is still under design.
    • Trump Tower (Philadelphia)
      Trump Tower (Philadelphia)

      Trump Tower, will be a 45-story skyscraper in Philadelphia, Pennsylvania, United States.Its footprint is located at 709-717 North Penn Street on an existing peninsula extending into the Delaware River....
      : This 45-story building will offer 263 luxurious condominiums on the Delaware River.
    • Trump International Hotel and Tower Waikiki
      Trump International Hotel and Tower (Honolulu)

      On May 31, 2006 the Associated Press announced that famed real estate developer Donald Trump has plans for a luxury hotel-condominium tower as part of an $800 million Waikiki Beach Walk redevelopment project in Honolulu, Hawaii....
       (), Anticipated completion is 2009
    • Trump International Hotel and Tower, New Orleans (Project slated to begin construction during the first quarter of 2007)
  • International:
    • Trump World: Seoul, Korea for which Trump received a licensing fee of $5 million to lend his name.
    • Trump International Hotel and Tower
      Trump International Hotel and Tower (Toronto)

      Trump International Hotel & Tower, Toronto is a mixed-use skyscraper currently under construction in Toronto, Ontario Canada. It is being built by Talon International Development Inc., which is owned by Canadian billionaire Alex Shnaider....
      , Toronto (Anticipated completion is 2010)
    • The Palm Trump International Hotel and Tower
      Trump International Hotel and Tower (Dubai)

      The Trump International Hotel & Tower is a proposed skyscraper hotel at the trunk of the Palm Jumeirah in Dubai. It is a joint venture between the Trump Organization and Dubai-based Nakheel, a Government owned corporation, and was announced on October 5, 2005....
      , Dubai, United Arab Emirates
    • Trump Ocean Club International Hotel and Tower, Panama City (Anticipated completion is 2009)
    • Trump Ocean Club Baja Mexico is a planned 3 tower, 25 story, 526 unit hotel condominium 30 minutes south of downtown San Diego.
    • Trump at Cap Cana will be located in Punta Cana, Dominican Republic.


In the media

Trump
Donald Trump, a two-time Emmy Award
Emmy Award

The Emmy Award, also known as the 'Emmy', is a television production award, similar in nature to the Peabody Awards but more focused on entertainment, and is considered the television equivalent to the Academy Awards....
-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
Home Alone 2: Lost in New York

Home Alone 2: Lost in New York is the 1992 in film sequel to the 1990 in film film Home Alone , written and produced by John Hughes and directed by Chris Columbus ....
,
The Nanny
The Nanny (TV series)

The Nanny is an United States situation comedy co-produced by Sternin & Fraser Ink, Inc. and Highschool Sweethearts Productions in association with TriStar Television for CBS....
,
The Fresh Prince of Bel-Air
The Fresh Prince of Bel-Air

The Fresh Prince of Bel-Air is an Emmy-nominated American television situation comedy that originally aired on NBC from September 10, 1990 to May 20, 1996....
,
Days of our Lives
Days of our Lives

Days of our Lives is an United States soap opera, which has aired nearly every weekday since November 8, 1965 on the NBC network in the United States, and has since been syndicated to many countries around the world....
), and as a character (The Little Rascals
The Little Rascals (1994 film)

The Little Rascals is a 1993 in film comedy film produced by Amblin Entertainment, and released by Universal Pictures on August 5, 1993. The film is an adaptation of Hal Roach's Our Gang short subjects of the 1920s, 1930s, and 1940s , which centered around the adventures of a group of neighborhood children....
.
) He has been the subject of comedians, flash cartoon artists, and online caricature artists. In addition to the aforementioned forms of media he has appeared on, he has been a guest on various talk shows and other media.

In 2003, Trump became the executive producer
Executive producer

The title of executive producer , or executive in charge of production, typically describes a film producer, television producer, radio producer, record producer, or similar Stakeholder who doesn't participate in the technical operations of the production process, but who is still responsible for the success of a project....
 and host of the NBC reality show, The Apprentice
The Apprentice (U.S. TV series)

The Apprentice is an Television in the United States reality television hosted by Donald Trump, created by Mark Burnett and broadcast on NBC....
, in which a group of competitors battled for a high-level management
Management

Management in business and human organization activity is simply the act of getting people together to accomplish desired goals. Management comprises planning, organizing, staffing, leadership or directing, and Control an organization or effort for the purpose of accomplishing a goal....
 job in one of Trump's commercial enterprises. The other contestants were "fired," or eliminated, from the game. At the end of each episode, Trump eliminates at least one contestant while uttering the catchphrase "You're fired." For the first year of the show Trump was paid $50,000 per episode (roughly $700,000 for the first season), but following the show's initial success, he is now paid a reported $3 million per episode, making him one of the highest paid TV personalities. In 2004, Donald Trump filed a trademark application for the phrase "You're fired," which he had popularized on the show.

In December 2006, talk show
Talk show

A talk show or chat show is a television or radio program where one person or group of people come together to discuss various topics put forth by a talk show talk show host....
 host Rosie O'Donnell
Rosie O'Donnell

Roseann "Rosie" O'Donnell is an American television host, stand-up comedian, actress, singer and author. She has also been a magazine editor and continues to be a celebrity blogger, LGBT social movements activist, television producer and collaborative partner in the LGBT family vacation company R Family Vacations....
 criticized Trump on The View
The View

The View is an Emmy Award-winning Television in the United States talk show created by Barbara Walters and Bill Geddie and broadcast on American Broadcasting Company as part of ABC Daytime....
 for "acting as a moral compass for 20-year-olds" after giving a second chance to Miss USA
Miss USA

The Miss USA beauty contest has been held annually since 1952 to select the United States entrant in the Miss Universe pageant. The Miss Universe Organization operates both pageants, as well as Miss Teen USA....
, Tara Conner
Tara Conner

Tara Elizabeth Conner is an American beauty queen and fashion model, who is Miss USA 2006 and has also competed in the Miss Teen USA and Miss Universe pageants....
, 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
Tabloid

A tabloid is an industry term which refers to a smaller newspaper format per spread; to a weekly or semi-weekly alternative newspaper that focuses on local-interest stories and entertainment, often distributed free of charge ; or to a newspaper that tends to emphasize sensationalism crime stories, gossip columns repeating scandalous innuend...
 war raged for several weeks thereafter between the two celebrities.

In 2007, Trump received an honor for his contribution of The Apprentice
The Apprentice (U.S. TV series)

The Apprentice is an Television in the United States reality television hosted by Donald Trump, created by Mark Burnett and broadcast on NBC....
 to television by receiving a star on the Hollywood Walk of Fame
Hollywood Walk of Fame

The Hollywood Walk of Fame is a sidewalk along Hollywood Boulevard and Vine Street in Hollywood, Los Angeles, California, USA, that serves as an entertainment hall of fame....
.

In October 2007, Trump appeared on Larry King Live
Larry King Live

Larry King Live is an American talk show hosted by Larry King on CNN. The show debuted in 1985, and is CNN's most watched program, with over one million viewers nightly....
 and delivered a strong criticism of then-United States President George W. Bush
George W. Bush

George Walker Bush served as the List of Presidents of the United States President of the United States from 2001 to 2009. He was the 46th List of Governors of Texas from 1995 to 2000 before being United States presidential inauguration as President on January 20, 2001....
, particularly concerning the Iraq War
Iraq War

The Iraq War, also known as the Second Gulf War, the Occupation of Iraq, and Operation Iraqi Freedom, is an ongoing conflicts military campaign which began on March 20, 2003 with the 2003 invasion of Iraq by a Multinational force in Iraq now led by and composed almost entirely of troops from the United States and United King...
. He also predicted that Rudy Giuliani
Rudy Giuliani

Rudolph William Louis "Rudy" Giuliani is an United States of America lawyer, businessman and politician from the U.S. state of New York who was Mayor of New York City from 1994 to 2001....
 and Hillary Clinton would win the Republican and Democratic Presidential nominations, respectively, and said that he would be very supportive of either of them being elected President. He made further statements about the issue on the The Situation Room
The Situation Room

The Situation Room is an afternoon/early evening newscast on CNN hosted by Wolf Blitzer that first aired on August 8, 2005. The show replaces three politics and hard news programs ....
, in which he said "anybody who wants more troops in Iraq, I don't feel can win an election" as Rudy Giuliani supports that position. On the same show, he was also critical of the public perception of Angelina Jolie
Angelina Jolie

Angelina Jolie is an American film actor and a UNHCR Goodwill Ambassador for the UNHCR. She has been cited as one of the world's most beautiful women and her off-screen life is widely reported....
 as a grand beauty.

On Sept 17, 2008 Trump officially endorsed John McCain for U.S. Presidency on Larry King Live show.

Other ventures

The Miss Universe Organization
Miss Universe Organization

The Miss Universe Organization is the organization that currently owns and runs the Miss Universe, Miss USA and Miss Teen USA beauty contests....
 is owned by Donald Trump and the National Broadcasting Company (NBC). The organization produces the Miss Universe
Miss Universe

Miss Universe is the most important annual international beauty contest run by the Miss Universe Organization.The contest was founded in 1952 by California clothing company Pacific Mills....
, Miss USA
Miss USA

The Miss USA beauty contest has been held annually since 1952 to select the United States entrant in the Miss Universe pageant. The Miss Universe Organization operates both pageants, as well as Miss Teen USA....
, and Miss Teen USA
Miss Teen USA

Miss Teen USA is a beauty pageant run by the Miss Universe Organization for girls aged 15?19. The reigning titleholder is Stevi Perry of Miss Arkansas Teen USA....
 pageants.

Other investments include a 17.2% stake in Parker Adnan, Inc. (formerly AdnanCo Group), a Bermuda-based financial services holdings company. In late 2003, Trump, along with his siblings, sold their late father's real estate empire to a group of investors that included Bain Capital
Bain Capital

Bain Capital LLC is a Boston-based private equity firm founded in 1984 by partners from the consulting firm Bain & Company. Originally conceived as a leveraged buyout and venture capital funding, Bain Capital today manages approximately $80 billion in assets, and its strategies include private equity & venture capital as well as long/short pu...
, Kohlberg Kravis Roberts, and LamboNuni Bank reportedly for $600 million. Donald Trump's 1/3 share was $200 million, which he later used to finance Trump Casino & Resorts
Trump Entertainment Resorts

Trump Entertainment Resorts, Inc. is a holding company which owns and manages it's own casinos/hotels in Atlantic City, New Jersey. The company was formed in 2005 as a result of the restructuring of its predecessor, Trump Hotels & Casino Resorts....
.

With his success in real estate and television, Trump has succeeded in marketing the Trump name on a large number of products. These products include Trump Financial
Trump Mortgage

Trump Mortgage is a real estate financing company founded by Donald Trump and E. J. Ridings .In December 2006, it was reported that Ridings had exaggerated and invented items on his resume....
 (a mortgage firm), Trump Sales and Leasing (residential sales), Trump University
Trump University

Trump University is an online education company owned and founded by real estate tycoon Donald Trump. It is part of the Trump Organization. It offers correspondence courses in real estate, asset management, entrepreneurship and wealth creation....
 (a business education company), Trump Restaurants (Located in Trump Tower and consisting of Trump Buffet, Trump Catering, Trump Ice Cream Parlor, and Trump Bar), (an online travel website), Donald J. Trump Signature Collection (a line of menswear, men's accessories, and watches), Donald Trump The Fragrance (2004), Trump Ice bottled water, Trump Magazine, Trump Golf, Trump Institute, Trump The Game (1989 Board Game), Trump Vodka, and Trump Steaks. In addition, Trump reportedly receives $1.5 million for each one hour presentation he does for the The Learning Annex
The Learning Annex

The Learning Annex is a private continuing adult education school based in New York. It was founded in 1980 by Bill Zanker in his New York City studio apartment with an investment of only $5,000....
.

Trump is a known World Wrestling Entertainment
World Wrestling Entertainment

World Wrestling Entertainment, Inc. is a publicly traded, privately controlled integrated arts and sports entertainment company dealing primarily in professional wrestling, with major revenue also coming from film, music, product licensing, and direct product sales....
 (WWE) fan. He has hosted two WrestleMania
WrestleMania

WrestleMania is a professional wrestling pay-per-view event, produced annually in late March or early April by World Wrestling Entertainment ....
 events in the Trump Plaza and has been an active participant in several of the shows. Trump's Trump Taj Mahal in Atlantic City was host to the 1991 WBF Championship
World Bodybuilding Federation

The World Bodybuilding Federation was a bodybuilding organization founded in 1990 by Vince McMahon that lasted until 1992. It was a subsidiary of Titan Sports which owned and operated the World Wrestling Entertainment....
 (which was owned by WWE, known at the time as the "World Wrestling Federation.") He also appeared at WrestleMania 23
WrestleMania 23

WrestleMania 23 was a professional wrestling pay-per-view event produced by World Wrestling Entertainment . It was the twenty-third annual WrestleMania event and took place on April 1, 2007 at Ford Field in Detroit....
 in the corner of Bobby Lashley who competed against Umaga
Eddie Fatu

Edward "Eddie" Umar Fatu is a Samoans Professional wrestling better known by his ring names Jamal, Ekmo, and currently Umaga....
 with Vince McMahon
Vince McMahon

Vincent Kennedy "Vince" McMahon Jr. is an American Professional wrestling, promoter, in-ring announcer, play-by-play sportscaster and film producer, known by the ring name Mr....
 in his corner, in a hair versus hair match, with either Trump or McMahon having their head shaved if their competitor lost. Lashley won the match, and he and Trump both proceeded to shave McMahon bald. Trump was also involved with the old USFL, a competitor to the NFL, as owner of the New Jersey Generals
New Jersey Generals

The New Jersey Generals were a franchise of the United States Football League established in 1982 to begin play in the spring and summer of 1983....
. In addition, Trump at one time acted as a financial advisor for Mike Tyson
Mike Tyson

Michael Gerard "Mike" Tyson, also known as Malik Abdul, is a retired United States Boxing. He was the List of undisputed boxing champions#Heavyweight and remains the youngest man ever to win a world heavyweight title at just 20 years old....
 and hosted Tyson's fight against Michael Spinks
Michael Spinks

Michael Spinks a native of St. Louis, Missouri, Missouri, is a former boxing who was champion in both the light heavyweight and heavyweight division....
 in Atlantic City.

In the 2000 election, Donald Trump considered running for president as a member of the Reform party.

Instituted by Ronna Mee Brand, the Donald J. Trump Award honors and recognizes individuals who make a significant impact on the evolution, development and perpetuation of real estate throughout Greater Los Angeles.

The second annual Donald J. Trump Award was presented December 6, 2007 at the Beverly Hilton, International Ballroom. Tom Gilmore, the first recipient, presented the award to Michael Koss. Donald Trump congratulated Mr. Koss via video broadcast.

Golf course

Trump testified in June 2008, as first witness at the Aberdeen Exhibition and Conference Centre (AECC) inquiry (ordered by Scottish ministers) after an Aberdeenshire Council committee denied his plans to build a £
Pound sterling

----The pound sterling , subdivided into 100 pence , is the currency of the United Kingdom, its Crown dependency and the British Overseas Territories of South Georgia and the South Sandwich Islands and British Antarctic Territory....
1billion golf resort north of Aberdeen
Aberdeen

Aberdeen is Scotland's third most populous City status in the United Kingdom and one of Scotland's 32 Local government in Scotland Council areas of Scotland....
, at the Menie Estate. Environmental groups and local campaigners opposed the bid in which part of the course would be built on sand dunes that are a Site of Special Scientific Interest
Site of Special Scientific Interest

A Site of Special Scientific Interest or SSSI is a conservation designation denoting a protected area in the United Kingdom. SSSIs are the basic building block of site-based nature conservation legislation and most other legal nature/geological conservation designations in Great Britain are based upon them, including National Nature Res...
 (SSSI), though business leaders supported the would-be golf course. Trump stated the site "had the potential to be the greatest golf course in the world."

Personal life

Donald Trump is popularly known as The Donald, a nickname given to him by the media after his ex-wife Ivana Trump
Ivana Trump

Ivana Trump is a former Olympic Games athlete, socialite, and fashion model noted for her marriage to Business magnate Donald J. Trump....
, a native of the Czech Republic
Czech Republic

The Czech Republic , is a landlocked country in Central Europe. The country borders Poland to the northeast, Germany to the west, Austria to the south and Slovakia to the east....
 referred to him as such in an interview. He is also known for his catchphrase, "You're Fired", made popular by his television series The Apprentice. Trump is known for his distinctive hairstyle
Comb over

Sorry, no overview for this topic
, which he has refused to change throughout his career.

Family

Trump's mother Mary Anne was born on the Isle of Lewis. She left Tong
Tong, Outer Hebrides

Tong is a village on the Isle of Lewis, Scotland, approximately 4 miles north-east of the main town of Stornoway on the road to Back, Outer Hebrides and Tolsta....
, Scotland
Scotland

conventional_long_name = ScotlandAlba|common_name= Scotland|image_flag = Flag of Scotland.svg|flag_width = 130px...
 in 1930 aged 18 for a holiday in New York
New York

The State of New York is a U.S. state in the Mid-Atlantic States and Northeastern United States regions of the United States and is the nation's List of U.S....
, met a local builder, and stayed. Born in , United States
United States

The United States of America is a Federal government constitutional republic comprising U.S. state and a federal district. The country is situated mostly in central North America, where its Contiguous United States and Washington, D.C., the Capital districts and territories, lie between the Pacific Ocean and Atlantic Oceans, Borders of the U...
, Trump has four siblings - two brothers (Fred Jr., who is deceased, and Robert) and two sisters (Maryanne and Elizabeth). His older sister, Maryanne Trump Barry
Maryanne Trump Barry

Maryanne Trump Barry is a judge on the United States Court of Appeals for the Third Circuit. She is the daughter of Mary MacLeod Trump, who hails from the small village of Tong, Western Isles, 4 miles north east of the town of Stornoway, Outer Hebrides in Scotland....
, is a federal appeals court judge and the mother of David Desmond
David Desmond

David William Desmond is a neuropsychologist and writer. He is a grandson of the real estate developer Fred Trump; the son of Maryanne Trump Barry, who is a judge on the United States Court of Appeals for the Third Circuit; and a nephew of Donald Trump....
, who is a neuropsychologist and writer.

In 1977, Trump married Ivana Zelnickova (later Ivana Trump
Ivana Trump

Ivana Trump is a former Olympic Games athlete, socialite, and fashion model noted for her marriage to Business magnate Donald J. Trump....
) and together they have three children: Donald, Jr.
Donald Trump, Jr.

Donald John "Don" Trump, Jr., is the eldest child and son of famed real estate developer Donald Trump and his first wife Ivana Trump. He currently works along with his sister and brother from the same marriage, Ivanka Trump and Eric Trump, as an executive vice president in the Trump Organization....
 (born December 31, 1977), Ivanka
Ivanka Trump

Ivanka Marie Trump is an American businesswoman, socialite, and fashion model. She is the daughter of Ivana Trump and Donald Trump, and is currently Vice President of Real Estate Development and Acquisitions at the Trump Organization....
, (born October 30, 1981), and Eric
Eric Trump

Eric Trump is the second son of Donald Trump and his first wife Ivana Trump. He is the Executive Vice President of The Trump Organization and the chairman and founder of the Eric Trump Foundation....
 (born January 6, 1984). They were divorced in 1992. In 1993, he married Marla Maples
Marla Maples

Marla Maples is an United States actress, television personality, and socialite, best known for her former marriage to billionaire celebrity Donald J....
 and together they had one child, Tiffany, (born October 13, 1993). They divorced on June 8, 1999. In a February 2008 interview on ABC's Nightline Trump commented on his ex-wives by saying, "I just know it's very hard for them (Ivana and Marla) to compete because I do love what I do. I really love it."

On April 26, 2004, he proposed to Melania Knauss (Melanija Knavs in Slovenian
Slovenian language

Slovene or Slovenian is a South Slavic languages spoken by approximately 2.4 million speakers worldwide, the majority of whom live in Slovenia....
, later Melania Knauss-Trump) from Slovenia. Trump and Knauss (who is 24 years Trump's junior) married on January 22, 2005, at Bethesda by the Sea Episcopal Church on the island of Palm Beach, Florida
Palm Beach, Florida

The Town of Palm Beach is an upscale incorporated town in Palm Beach County, Florida, Florida, United States. The Intracoastal Waterway separates it from the neighboring cities of West Palm Beach, Florida and Lake Worth, Florida....
, followed by a reception at Trump's Mar-A-Lago
Mar-A-Lago

Mar-A-Lago , built 1924-1927, is the name of the Marjorie Merriweather Post estate in Palm Beach, Florida. Post built the house with her husband, Edward F....
 estate. Neither Melania nor Trump is an Episcopalian. Melania gave birth to a boy named Barron William Trump, Trump's fifth child, on March 20, 2006. He was christened at the same church as his parents were married. Trump became a grandfather for the first time on May 12, 2007, when son Donald Jr. and his wife Vanessa welcomed a daughter named Kai Madison. Trump recently became a grandfather of two after Donald Jr. and Vanessa had their second child and first son, Donald John Trump III, who was born on February 18th, 2009.

Hobbies

Trump is an enthusiastic golfer
Golfer

A golfer is a person who plays golf.See also* Amateur golfer* Professional golfer* List of golfers...
, with a low single-figure handicap. He is a member of the Winged Foot Golf Club
Winged Foot Golf Club

Winged Foot Golf Club is a 36-hole golf course located in Mamaroneck , New York. The course architect is A. W. Tillinghast, who also designed Baltusrol Golf Club , Bethpage State Park,Shackamaxon CC, San Francisco Golf Club, Cedar Crest Park, and nearby Quaker Ridge Golf Club and Wykagyl Country Club....
 in Mamaroneck, New York
Mamaroneck, New York

Mamaroneck, New York may refer to two places in the United States:*Mamaroneck , New York, a town in Westchester County*Mamaroneck , New York, a village partially within the town...
, and also plays regularly at the other courses he owns and operates.

Bibliography

Trump has authored many books including:
  • Trump: The Art of the Deal (1987)
  • Trump: Surviving at the Top (1990)
  • Trump: The Art of Survival (1991)
  • Trump: The Art of the Comeback (1997)
  • Trump: How to Get Rich (2004)
  • The Way to the Top: The Best Business Advice I Ever Received (2004)
  • Trump: Think Like a Billionaire: Everything You Need to Know About Success, Real Estate, and Life (2004)
  • Trump: The Best Golf Advice I Ever Received (2005)
  • Why We Want You to be Rich: Two Men - One Message (2006), co-written with Robert Kiyosaki
    Robert Kiyosaki

    Robert Toru Kiyosaki is an investor, businessman, self-help author, motivational speaker and inventor. Kiyosaki is best known for his Rich Dad, Poor Dad series of motivational books and other material....
    .
  • Think Big and Kick Ass in Business and Life (2007), co-written with Bill Zanker. (ISBN 978-0061547836)
  • The America We Deserve (2000) (with Dave Shiflett, ISBN 1580631312)
  • Trump: The Best Real Estate Advice I Ever Received: 100 Top Experts Share Their Strategies (2007)
  • Trump 101: The Way to Success (2007)
  • Trump Never Give Up: How I Turned My Biggest Challenges into Success (2008)


Further reading


External links

  • , The New York Observer
  • , The New York Times