Donald Trump: A Journey from Business to Presidency

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Page 1 Donald Trump is a man of great wealth, as well as power and influence. There is no question that Trump worked hard to get where he is today. He is most defiantly a man of business. Even at the beginning of his life he was destined to show brilliance due to his father’s work. These events of course, would eventually lead to his extraordinary empire and his chance to run as President of the United States. Donald John Trump was born on, June Fourteenth, 1946 in Queens, New York. Trump is the fourth of five children. He is the son of Frederick C. Trump and Macy Machead Trump. When Trump turned thirteen, he was …show more content…

As Ms. Shepard says in the Britannica World Data, 1998 edition, “One of his biggest achievements in his building career was the Trump Tower, which was valued at seven hundred million” (Shepard …show more content…

He acquired a piece of property in Atlantic City, and along with this all the required permits to build a casino. At this point Holiday Inn Corporation offered a partnership in the build. The two hundred million complex opened in 1984 as Harrah’s at Trump Plaza. Ironically he bought out Holiday Inn and the casino was renamed Trump Plaza Hotel and Casino (“Donald Trump”). “For Trump every project had to be the best of its kind, and he usually combined sharp instincts and perfect timing with ruthless negotiations” (Shepard 84). Despite all the success in his real estate business, in 1990 the real estate market dropped dramatically. This drop reduced the value of Trump’s real estate empire from the estimated worth of two billion dollars to five hundred million! Trump had to rely on loans just to keep his real estate from collapsing. Despite all the criticism Trump took because of the hefty loans, his real estate empire bounced back to a worth of at least two and a half billion dollars by 1997. Due to all of the success Trump has had in real estate, Page

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