New York Icon : Donald Trump
By: Alexander Homme | Posted on: February 19th, 2010 | 1 Comment | Read 1,785 Times
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Loading ...Donald John Trump aka “the Donald” was born June 14, 1946 and is known primarily as a real estate magnet , King of Altantic City ,a socialite, author and television personality. He is the Chairman and CEO of the Trump Organization, a US-based real-estate developer and he is also the founder of Trump Entertainment Resorts, which operates numerous casinos and hotels across the world. Trump’s extravagant lifestyle and outspoken manner , over the top style have made him a celebrity for years, a status amplified by the success of his NBC reality show, The Apprentice and interesting women in his life.
Donald was the fourth of five children of Fred Trump, a wealthy real estate developer based in New York City. With many middle class developments in Queens .Donald was strongly influenced by his father in his eventual goals to make a career in real estate development,and upon his graduation from the Wharton School of the University of Pennsylvania in 1968, Donald Trump joined his father’s company, The Trump Organization.
Starting with the renovation of the Commodore Hotel into the Grand Hyatt with the Pritzker family, he continued with Trump Tower in New York City and several other residential projects. Trump would later expand into the airline industry by buying the Eastern Shuttle routes renaming it aptly the Trump Shuttle.He entered the Atlantic City casino business, including buying the Taj Mahal Casino from the Crosby family. This expansion, both personal and business, led to mounting debt which eventually led Trump to take the Taj into bankruptcy.
Much of the news about him in the early 1990s involved his much publicized financial problems, creditor-led bailout, extramarital affair with the much younger Marla Maples, and the resulting divorce from his first wife, Ivana Trump.The late 1990s witnessed a resurgence in his financial situation and fame. In 2001, he completed the controversial Trump World Tower, a 72-story residential tower across from the United Nations Headquarters and he also, he began construction on Trump Place, a multi-building development along the Hudson River. Trump owns commercial space in Trump International Hotel and Tower, a 44-story mixed-use hotel and condominium tower on Columbus Circle.
Trump’s empire continued to expand till the 2008 financial crisis once again pressed “the Donald” .On February 17, 2009 Trump Entertainment Resorts filed for Chapter 11 Bankruptcy, Mr Trump having stated on February 13 that he would resign from the board.Trump Entertainment Resorts has three properties in Atlantic City.
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[...] … socialite and his wife would spend the summer months in New York and the winter months in …New York Icon : Donald Trump | Manhattan StyleDonald John Trump aka the Donald was born June 14, 1946 and is known primarily as a real estate [...]