DONALD TRUMP: Life, Money & Power
DONALD TRUMP: Life, Money & Power - "The Donald" Full Documentary 2016
"DONALD TRUMP" How Powerful & Rich is Donald Trump? (Full Documentary HD) A contender to be the 2016 Republican presidential nominee, Donald Trump is best known as a billionaire real estate mogul and television personality. Synopsis Real estate developer Donald John Trump was born in 1946, in Queens, New York. In 1971 he became involved in large, profitable building projects in Manhattan. In 1980, he opened the Grand Hyatt, which made him the city's best-known and most controversial developer. In 2004 Trump began starring in the hit NBC reality series The Apprentice, which also spawned the offshoot The Celebrity Apprentice. In 2015 Trump announced his candidacy for president of the United States and shortly after the first Republican debate became the party's frontrunner. New York Real Estate Developer Trump seems to have been strongly influenced by his father in his decision to make a career in real estate development, but the younger man's personal goals were much grander than those of his senior. As a student, Trump worked with his father during the summer and then joined his father's company, Elizabeth Trump & Son, after graduation from college. He was able to finance an expansion of the company's holdings by convincing his father to be more liberal in the use of loans based on the equity in the Trump apartment complexes. However, business was very competitive and profit margins were narrow. In 1971 Donald Trump was given control of the company, which he later renamed the Trump Organization. He also moved his residence to Manhattan, where he began to make important connections with influential people. Convinced of the city's economic opportunity, Trump soon became involved in large building projects in Manhattan that would offer opportunities for earning high profits, using attractive architectural design and winning public recognition. When the Pennsylvania Central Railroad entered bankruptcy, Trump was able to obtain an option on the railroad's yards on the West Side of Manhattan. When initial plans for apartments proved unfeasible because of the poor economic climate, Trump promoted the property as the location of a city convention center, and the city government selected it over two other sites in 1978. Trump's offer to forego a fee if the center were named after his family, however, was turned down, along with his bid to build the complex, which was ultimately named for Senator Jacob Javits.
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Posted by Nicole Bourbaki