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Donald Trump Net Worth in 2022 Career & Relationship

Estimated value:
€2.8 billion
Age:
75
Born:
06/14/1946
Country of origin:
United States of America
Source of Wealth:
real estate investor
Last updated:
2021

introduction

Donald Trump is an American entrepreneur, entertainer and President of the United States since January 2017.

early life

Trump was born in June 1946 in the borough of Queens, New York City. He is the fourth of 5 children. His father, Fred C. Trump, was a real estate entrepreneur, and his mother, Mary Anne MacLeod, was a fisherman’s daughter of Scottish descent. The son of a respected real estate entrepreneur, Trump grew up feeling superior to his peers. His dominant strengthened his belief and sharpened his belief that he should act like a “killer.”

Donald Trump attended the Kew Forest School in Queens. Even as a preschooler, Trump attracted attention with his aggressive behavior towards other children, which did not change when he was at school. Trump often had detention at school because of his behavior. In sports, Trump attracted attention with his outstanding performance. He was very talented in baseball. From 1959, Trump was sent by his father to the New York Military Academy, about 100 km away. The goal was for Donald Trump to be disciplined. It was only during this time that Trump developed a will to do well at school, and he was also elected captain of the baseball team. Trump graduated from high school in 1964.

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Career

Trump studied economics from 1964 to 1964, attending Fordham University in New York and the Wharton School in Philadelphia. Trump then wanted to serve in the Vietnam War, but was not called up for military service for medical reasons. Trump was already involved in his father’s company, Trump Management, while he was still a student.

After completing his studies, Donald Trump joined his father’s company full-time and took over management of the company in 1971. In 1977, Trump married his first wife, Czech model Ivana Winklmayr. Trump’s first major project is the Grand Hyatt New York hotel. Under false pretenses, Trump managed to attract investors to the project and complete the building as a first-class hotel in 1980. The final rise to fame came from Trump Tower. It was originally an old department store on 5th Avenue. The building was ready for occupancy in 1983, and Steven Spielberg and Michael Jackson were among the buyers. The building has 51 floors and is 202 meters high. Some of the stores have been rented out for up to $1 million a year.

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Donald Trump was also known for his penchant for gambling. Trump licensed 3 casinos in Atlantic City. Completed in 1984, the 39-story Trump Plaza Hotel & Casino was the tallest building in the city. Trump purchased another building from the Hilton Corporation, christened it the Trump Castle Hotel and Casino, and entrusted management to his wife, Ivana. In 1987, Trump also acquired the Taj Mahal. Ultimately, the casinos were a losing proposition for Donald Trump. For the first time, Trump defaulted on his debts in 1990, owing $3.2 billion. Despite his debts, Donald Trump managed to maintain the image of a successful businessman to the outside world.

In 1995, Trump founded a public company and went public. In 2002, Mark Burnett hired Trump as an entertainer for the reality show The Apprentice. This was more than the perfect opportunity to spread the word about the Trump brand. Trump showed his talent as a show host, which many had never dreamed of, and millions of viewers were enthusiastic about his performance. His line “You are fired” became famous. The show became more and more popular and Trump quickly learned as an entertainer, thanks to his popularity he was invited to talk shows more and more often. Until 2015, Donald Trump was the absolute star on the show The Apprentice.

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In June 2015, Trump ran for President of the United States. In November 2016, Trump is actually inaugurated as President and moves into the White House at the age of 70.

Career highlights

-Trump takes over the management of his father’s company in 1971
-1977: Completion of the Hotel Grand Hyatt New York
-Erection of Trump Tower in 1983
-2002 Engagement for the reality show The Apprentice
-2015 Trump is running for President, in November 2016 he is elected President

Famous quotes

“You are fired”
“The nice thing about me is that I’m very rich.”
“Global warming was invented by and for the Chinese to make US manufacturing uncompetitive!”
“I know about China. After all, they have a bank in my tower.”

tips for success

“Take care of your ego!”
“Have a prenuptial agreement.”
“You should hire a great assistant.”
“Ask for a raise at the right time.”

Estimated value: €2.8 billion

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