DONALD TRUMP

DONALD TRUMP

Donald John Trump was born on June 14,1946 in Queens,New York.Donald's father Fred Trump is a development and marketing head of real estate in New York.He completed his schooling at Kere forest school in Queens.He was passionate about football and baseball as well.Donald participated in various football and baseball matches and won prises.

After graduation in 1968,in bachelor of Economics he joined his fathers real estate company.

In his book Trump:"The art of the deal " Donald expressed his thoughts of his life at university.

At the age of 13yrs his parents sent him to military school in New York.Trump became a honorary worker in the campus NYMA(New York  military Academy). 

He began his career in his fathers company.Trump organization mainly concentrates on the areas of middle class rental housing.One of his first projects were renovating Swifton village apartment complex in Cincinnati,Ohio.He converted 1200 unit apartment complex and the rates from 60% to 100%.When selling back Swifton village to $12 million ,Trump organization got a  profit of $6 million.He also successfully developed the field of property for Javits convention centre .

 One of his projects worth $110 million was made New York pay between $750million to $1billion.

In 1990,as an effect of recission,Trump had a trouble paying its debts.He even faced problems of paying loans ovar three casines equal to one billion dollars with high rate of interest.Although he had to maintain his business with additional loans , skyrocketing debt also added another debt problem.

On novemeber 2,1992 Trump plaza hotel was forced to pay 49% of its profit to the banks as he was not able to pay the loan.

In 1994, he lost 900 million dollars from his personal account and a even saw a drastic loss in the business sector of 3.5 billionn dollars.

According to the former members of Trump organisation,Trump did not return all his ownership of real estate.Owner of thr real estate promiced to pay 30% of the profit when buildings has been built or sold.Until then owner had to built a working Trump organization.

Donald appeared in the media with the animated version of TV serials and Home alone 2. In 2004 he became executive producer and host of NBC reality show.In 2007 he recieved a award for the Apprentice program by recieving a star on hollywood walk of the fame.He is also a fan of wrestling entertainment.

Miss Universe organization owned by Trump and NBC produces Miss Universe.Miss USA,Miss teen USA.

In 2005 he launched a business education company called Trump University.In January  2006 he launched an online travel website Gotrump.com.

Today Trump name is associated not only with real estate but also with everything from bottled water to Vodka to disposal cups..

so friends failure is the stepping stone for success.Dont give up your goals for the reason of failure..Try hard,success will follw you..