Donald Trump biography
Donald John Trump is an American entrepreneur, billionaire, construction magnate, the owner of a large hotel and casino chain. He is the author of an impressive number of books on business and self-improvement. He is a member of the Republican Party. On November 8, 2016, Trump was elected the 45th President of the United States. His net worth: $2.3 billion.
In 1930, Mary MacLeod, an 18-year-old native of the Scottish village, came to New York for the holidays. There, fate introduced her to the 25-year-old Fred Trump, the son of German immigrants, who, at such a young age, already owned a construction company.
In 1936, the couple got married; the spouses bought a cottage in a respectable borough of Queens; the father of the family continued to be engaged in the construction business, and Mary devoted herself entirely to motherhood. Donald Trump was the fourth child in the family, but, having inherited a hard and forceful character from his father, he was not going to get used to the role of the younger brother. Neither parents nor school teachers could cope with the intolerable Donald, so at the age of 13, the boy was presented with a fait accomplish: he was sent to the New York Military Academy.
As a cadet, Trump proved himself to be a disciplined student who could boast both good marks and high social adaptation skills and sporting success. Parents were just so proud of their son, who abruptly came to his sense, and they even began to set him as an example to the rest of the children.
The first steps on the road to 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 seriously became interested in real estate and hoped to become the heir to the Trump building empire in the future and multiply his father’s fortune many times.
The first project entrusted to Donald was Swifton Village grand apartment complex in Ohio, planned for 1,200 apartments for the “middle class”. Under the direction of the younger Trump, the company managed to complete the project within a year, spending on construction $ 6 million and gaining $ 12 million from the sale of apartments.
Double income was more than a great start to a career, but Trump was not going to rest on his laurels. Construction of apartments in Ohio was sponsored by the state, but Donald understood that for financial support for more serious projects he should turn not to government organizations, but to the powerful people: bankers, top managers, oil tycoons. In 1971, Donald rented apartments in the heart of New York ‒ on Manhattan Island. Here his circle of acquaintances was quickly replenished with influential people.
According to Zoomboola.com, in 1974, Trump, not without the help of new connections, won the tender for the restoration of the tumble-down Commodore Hotel. Since many of the buildings near the hotel were also in a lamentable state and needed financial infusion, as well as the city itself, which was on the verge of bankruptcy, Donald managed to get tax exemptions from the municipality for 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 bring the district in order.
Donald’s company set to work, and six years later, the residents of Manhattan could see the 25-story monolith of glass and steel that replaced the bleak yellow building. It was surrounded by new, functional, and comfortable neighborhoods. Much later, in October 1996, Hyatt, one of the largest hotel chains, bought half the rights to the hotel, increasing Trump’s fortune by $ 142 million.
In 1979, Donald got his eye on a piece of land on 5th Avenue, opposite the Tiffany & Co jewelry store. When the businessman was asked what had made him redeem exactly that place, he replied: “The wealthiest people in New York always turn around Tiffany’s shops.” By 1983, the 58-story Trump Tower skyscraper had grown in that area, which surpassed all city buildings in height.
The building instantly gained the fame of an elite complex: the windows of the apartments overlooked Central Park, below was a series of boutiques and restaurants, the floor was tiled with pink marble, and there was a three-meter high fountain in the hall. All the 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 there was a tidbit in front of him, which in no case should be missed. In 1980, he acquired a land plot in Atlantic City, charging his brother Robert the acquisition of a gambling business license. In 1982, the grandiose Trump Plaza Hotel & Casino hotel and entertainment complex was opened worth $ 250 million. In 1986, Donald redeemed the city’s hotel of Hilton chain and built the $ 320 million Trump’s Castle in its place. At the same time, he began the construction of the largest hotel and casino in the world, Taj Mahal, which opened its doors to visitors in 1990.
On the verge of bankruptcy
By the early 1990s, Donald’s fortune was estimated at $ 1 billion. In addition to the chain of hotels, casinos, and luxury residential skyscrapers, Trump’s empire included Trump Shuttle airline, the New Jersey Generals football team, and a huge number of small businesses, the count of which was lost by Donald himself. Gradually, he began to lose control over the business that had grown to an incredible scale.
New projects were financed at the expense of borrowed funds, which was quite risky. Trump’s lenders were large banks and investment companies: Citicorp, Merrill Lynch, and Chase Manhattan. The businessman’s debts grew rapidly; the bankruptcy threat was intensified by the imminent crisis in the real estate field. In the early 90s, the debt to creditors reached $ 9.8 billion, of which $ 900 million Trump had to pay out of his pocket. On the verge of bankruptcy, the businessman had to mortgage the Trump Tower skyscraper. The press added fuel to the fire, criticizing Donald’s every move.
Thanks to the inborn tenacity Donald managed to get out of the debt hole. Incomes from the gambling business covered most of the debts; by 1997, the tycoon had fully paid off his debts and began work on new projects. In 2001, Trump’s company, together with the Korean company Daewoo, completed the construction of a 72-story Trump World Tower building. The 262-meter-high skyscraper grew exactly opposite the UN headquarters in Manhattan.
The financial crisis of 2008 was a new shock for Trump’s building empire. Due to the sales drop, he failed to pay the $ 40 million loan on time. Although the billionaire could easily pay the debt out of his own funds, he filed for bankruptcy, stating that the crisis was force majeure. On February 17, 2009, Trump announced the decision to leave the board of directors of his own company.
In 2002, Trump launched the Prime-time reality show The Apprentice. Participants had to compete with each other for the right to become a top manager in Trump’s company. The unsuccessful contestants were waited by the branded phrase of the businessman: “You are fired!” (In 2004, he even submitted an application for registration of the trademark “You are fired!”). For each release of the first season, Donald received about $ 50 thousand, but with the start of the second season, the cost of one episode rose to $ 3 million ‒ in this way Trump became one of the highest-paid TV hosts.
In 2006, Trump, together with NBC, bought out the Miss Universe Organization, which was engaged in the organization of the Miss Universe and Miss America beauty pageant.
The building tycoon also made cameo appearances in several movies and TV series, for example, in the comedy ″Home Alone 2: Lost In New York″ he explained to the young Macaulay Culkin, how to get to the hall.
In 2007, Trump got his own star on the Hollywood Walk of Fame, which the businessman received for creating the reality show The Apprentice.
In October of the same year, Donald was invited to Larry King’s studio, where he spoke harshly about George Bush junior’s foreign policy and Angelina Jolie’s appearance. Many remembered other words spoken on the evening air: then Trump declared that he would certainly support Rudolph Giuliani and Hillary Clinton if they nominate themselves as candidates for president. This speech was recalled to Trump in 2013 when he was again visiting the host.
Donald Trump political career. The most influential Republican
Trump has been expected to become the president of the United States since the 1980s, but at that time, Donald’s political compass needle was constantly running between the right and left poles. By 2009, he more or less defined his own views and joined the Republican Party. They tried to nominate the outstanding economist and manager Donald for presidential elections in 2011, but the businessman said that he was not ready to leave the private sector.
On June 16, 2015, Trump made the US residents understand that he had changed his mind, announcing his readiness to fight for the presidential chair. Trump’s presidential campaign was strictly planned: first, he visited the state of New Hampshire, traditionally considered to be a Republican stronghold, then he toured Nevada and California ‒ the states that had previously received a solid financial injection from Donald. Trump also repeatedly held rallies in his support to entertain the electorate.
Trump’s popularity was influenced by his character: the newly-minted politician used to speak openly, without veiling his speech with euphemisms. Because of this trait, he gained fame as an eccentric truth-teller.
The main points of Trump’s campaign covered the following areas of American society: immigration, health care, economics, and domestic politics. The Republican was extremely cold towards Mexicans and the Middle Easterners. In the event of an election victory, Trump threatened to build an analog of the Great Wall of China on the border with Mexico. Trump has also repeatedly advocated the immediate elimination of the military forces of ISIL.
Donald demanded the abolition of Barack Obama’s medical program, saying that financing it cost the government too much and that he would easily find more efficient and cheaper methods for taxpayers.
In the economic sector, even Democrats listened to the billionaire; he asserted the need to return production to the territory of the United States, raising duties on products of American companies manufactured abroad, and also argued the need for a trade war with China.
In more detail, he stated his point of view in the book ″Crippled America″, published in 2015.
According to Forbes magazine, in 2016, Donald Trump’s fortune overstepped $ 4 billion. It continued to increase, including by real estate licensing ‒ the real estate developers themselves paid Trump to build and sell new projects on his behalf.
In March 2016, Donald Trump was named the most likely presidential candidate from the Republican Party, predicting that he would face Hillary Clinton in the final election round.
In Russia, the nomination of Trump’s candidacy for the presidency was warmly welcomed, since the billionaire had repeatedly publicly 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 turned out to be involved in a scandal with the participation of the FBI; Trump was accused of sexual harassment. It was confidently predicted that Clinton would win, especially after the third, final debate. However, the results surprised everyone ‒ Trump playfully outpaced his rival, gaining 306 electoral votes from 270 needed to win, thereby securing for himself a chair in the Oval Office of the White House.
On December 19, 2016, the Electoral College confirmed the election results, giving 304 votes to Trump. Only two electors refused the original decision.
The inauguration of the president took place on January 20, 2017. During his inaugural speech, Trump called for “overcoming the split between the ruling elite, the corrupt establishment, and the American society”, radical change in the labor market, turning out all illegal migrants from the country, leaving the unprofitable U.S. political blocks, reaching a mutual understanding with Russia, redirecting all resources for the good of the country and destroy the Islamist terrorists. The Republican Michael Pence became Trump's right hand.
By the spring of 2019, Trump signed a number of decrees directed at economic and foreign policy reforms: he expanded the territory for oil and gas production in areas of the Gulf of Mexico and all oceans except the Indian; he tightened measures to fight against terrorist organizations; he gave an order to launch a missile strike on Damascus in response to the use of chemical weapons by the Syrian president against the opposition; he withdrew from a nuclear deal with Iran, under which the countries of the “six” gained partial control over Iran’s nuclear weapons.
But within America itself, particularly hot debates were caused by thoughts expressed repeatedly by Trump of intention to build a wall between the United States and Mexico to restrict the flow of illegal immigrants into the country.
It was the wall on the border with the southern neighbor that caused the suspension of the activities of the U.S. government at the end of 2018. The Mexican border wall (or Trump wall), which was one of the main paragraphs of the presidential election program, was valued at almost six billion dollars.
Donald Trump personal life
Donald Trump has been married several times. His first wife was the Czech model Ivana Zelnichkova. They got married in 1977. Trump’s firstborn, Donald Jr., was born the same year; four years later, the businessman became Ivanka Trump’s father, and in 1984 ‒ Eric’s, the second son’s father. Donald and Ivana Trump’s marriage broke up in 1992. After the divorce, the ex-spouse assigned him the nickname The Donald, which became very popular with the press.
Trump began dating his second wife, actress Marla Maples, in 1989, and immediately after the divorce with Ivana, he made her a marriage proposal. 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 was also involved in her upbringing.
In early 2005, Donald married another model from Eastern Europe ‒ the 34-year-old Melania Knauss. Trump’s third spouse was from Slovenia, she sparkled on the pages of glossy magazines, not hesitating to appear in a very frank form. Trump and Melanie’s wedding hit 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. Presidential election 2020
Presidential elections were scheduled for November 3, 2020, in the United States. Donald trump's main rival is Democrat Joe Biden, a Senator and Vice President under Barack Obama. But a month before the election, Donald trump contracted the coronavirus with his wife, but a few days later he was completely healthy. According to the President, he was injected with a course of experimental antibody medication. After getting over Covid-19, he toured 9 States that are considered traditionally Republican.
After a failed debate for both politicians, preliminary polls showed that Biden leads in terms of support: 51.3% against 43.5% for trump (as of 1.11.20). due to the coronavirus pandemic, it was possible to vote early, including by mail. About a third of voters used this right.
Opinion polls showed that Biden supporters, more mobile and progressive democratic candidates voted by mail, while trump supporters were expected to prefer the traditional method of voting. All this, according to political analysts, threatened a difficult situation and the growth of popular unrest in an already turbulent environment.
After lengthy calculations and Trump's attempts to challenge the results, the electors voted in favor of Biden: 306 votes for the Democratic candidate versus 232 for Donald Trump. Thus, Joe Biden became the new president of the United States.
Capitol Capture 2021
The counting of votes and the official recognition of Biden as the new president of the United States did not suit either Trump's supporters or the politician himself. Immediately after summing up the results, he accused Democrats of numerous rigging of results in Wisconsin, Michigan, and Pennsylvania. Trump regularly talked about his suspicions on Twitter, and soon, as reported by bbc.com, the social network blocked the ex-president's account for disinformation.
In his tweets and at rallies, Donald Trump also called on supporters to rise up, and they soon listened. After large-scale demonstrations on January 5 and 6, 2021, people who called themselves Trump supporters began to storm the Capitol in Washington, where the electoral college was at that moment. Protesters broke down windows and doors in the building and got inside, forcing the Senate and House of Representatives to be evacuated by the security forces. As a result of the events, 5 people were killed, including one police officer from the Congress building.
Donald Trump noted that the elections were "stolen from the patriots", but he did not take responsibility for the riot and even condemned the fact of the attack on the Congress building. The American leader noted that it was the actions of the Democrats that became the catalyst for the events near the Capitol, which led to the storming of the building by protesters and subsequently the seizure of the building.
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