Donald Trump Biography

Donald J. Trump is a name synonymous with wealth, business, and real estate. In his lifetime Donald Trump managed to build an empire around his name that includes sky rises, casinos and TV shows. Most recently he has delved into authoring books and teaching folks the methods behind his success.

Donald Trump was born June 14, 1946 in Queens, New York. His father Fred Trump was a successful real estate investor who owned his own company. After Donald Trump completed his degree at Wharton School in economics he went to work at his fathers business.

Donald Trump quickly developed a high profile career with his renovation of the Commodore Hotel into the Grand Hyatt. A move that some thought was unwise at the time but would later prove to be very profitable.

The early years of Donald Trump's career were highly successful. His projects were yielding profits and he established a relationship with New York's heads of state. He achieved this and a media profile by offering to take over struggling city projects at low or no costs.

Despite the success that Donald Trump attained the 90's were ripe with personal and financial disaster. In addition to his highly publicized divorce many of his holdings spiraled into astonishing debt. Donald Trump had to declare business bankruptcy in several cases.

His casinos and towers were not generating enough profit to cover the debts and loans that investors were calling in. As a result Donald Trump spent the next several years bartering his way out of debt. In many cases he had to trade property ownership in exchange for extensions and withholding of interest on his loans.

In other cases his level of debt was so extreme that banks and venture capitalists had no choice but to lend him more money. There was so much money involved that giving him a second chance was the only reasonable option.

Over time Donald Trump was able to climb out of bankruptcy at the cost of sacrificing active control in many of his holdings. Critics of Donald Trump say that it was the sale of his father's company that provided him with the necessary funds to finance his comeback.

Donald Trump was also able to take his empire into a different direction by capitalizing on his popularity. His television show The Apprentice rapidly grew in ratings and Trump became one of the highest paid television stars.

Furthermore, Donald Trump virtually turned his name into a commodity. There are products ranging from bottled water to fragrance carrying his name. In the real estate arena developers often take on Donald Trump as a figure head for various projects. To this day his name carries enough weight to increase the value of a property.

Most recently Donald Trump has launched Trump University, an online real estate and wealth building website. There members can register for online courses on various real estate topics or purchase home study courses.

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Publications by Donald Trump include: The Art of the Deal, The Art of Survival, The Art of the Comeback, Surviving at the Top, How to Get Rich, The Way to the Top: The Best Business Advice I Ever Received, Think Like a Billionaire: Everything You Need to Know About Success, Real Estate, and Life, The Best Golf Advice I Ever Received, Why We Want You to be Rich: Two Men - One Message, co-written with Robert T Kiyosaki.

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Customer Reviews for 'Donald Trump'

Comments to date: 4. Page 1 of 1. Average Rating:

joel wpb fl	7:08am on Tuesday, September 15th, 2009
A total rip off. The 3 day seminar was useless. They try to get you sign up for next 3day seminar, that costs around 25,000 dollars, with high pressure tactics. They signed up a friend of mine, who really could not afford it. They have no ethics. I can't believe the BBB has not closed this scam. Please someone tack action to expose this rip off.
Angel edmonton, alberta	10:40am on Tuesday, July 21st, 2009
They tell you about dream killers but they are the dream killers.!!!!!!!!!!!!!!!!!! They don't stop. After you register, they sell your contact information to a telemarketing company and try to call and sell you their mentoring classes. They will ask you about your situation and use this as a tactic to you to buy the course. These people are scammers. I can't believe they can actually sleep at night with this type of work they do..............
josephine Calgary	10:38am on Tuesday, July 21st, 2009
Shame on these people! All of the people that presented wanted to sell their own product and I actually was so stupid to spend more than 7 thousand and didn't get anything. IT IS A SCAM!!!! It is so ridiculous. Sandra is right, they only want you there to sell you more and more and more things.................
sandra california	8:49pm on Saturday, February 28th, 2009
i assisted to his free seminar and then thay convinced me to pay $2,000 for 3 day course telling me they will teach me STEP BY STEP how to become successful in real estate. BUT its ALL A SCAM. DO NOT GO TO THE CLASSES. all they are are a PROMOTION FOR THEMSELVES TO MAKE YOU BUY THEIR MENTORING for ANOTHERRR $4,500 TO $34,000. they DO NOT teach you anything in those classes other than leaving you with a MESS in your head.NO STEP BY STEP PLAN WHATSOEVERRRR, with NO "ROADMAP" as THEY PROMISED. we were about 60 people in the class and i swear 99% of them wanted the money BACK. PLEASE DO NOT PAY $2,000 FOR THE COUSE. THEY ONLY ONLYYY WANT YOU THERE TO SELL YOU MORE THINGS.