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Donald Trump is synonymous with business (before, during and after his presidency of the United States). In 2019, his fortune was $ 3.1 billion, making him one of the world’s 400 richest America, according to a list compiled by Forbes.
But how did Trump get so much money?
Part of the former president of the United States’ fortune is due to his father, Fredrick Trump, a real estate mogul explains New York. The other part is due to his business acumen.
And it is that Donald Trump knew from an early age that his life would be a business life, so he entered the University of Pennsylvania, graduating in Financial Economics in 1968. After finishing college, Trump began to shape his empire.
He started working as a laborer in his father’s company and inherited the real estate business at the age of 28. His ambition brought the family to the elite among billionaires.
The first major project of Donald Trump at the forefront of the real estate sector was the remodeling of the abandoned buildings hotel Commodore, in Manhattan, which was renamed the Grand Hyatt New York. Then, in 1983, the construction of Trump Tower began.
Thirst to generate more economic income, in the 1980s, Trump began to buy casinos, build hotels and golf courses. The projects grew like foam, but in 1990 several began to fall, leading his company to bankruptcy in 1991 due to debt and poor management.
However, time gave Trump revenge. From 1996 to 2015, he owned the Miss Universe pageant, but stepped aside for his presidential campaign.
Donald Trump also had his own television show turning participants into successful entrepreneurs. ‘The novice‘(‘The student‘) was a “boom” on NBC in 2004, reaching more than 20 million viewers in its first season. One of the tycoon’s most famous phrases was born on the show: “You’re fired!”