- Category : Business
- Type : MGE
- Profile : 1/3 - Investigating / Martyr
- Definition : Single
- Incarnation Cross : RAX Eden 2
American businessman, television personality, author, and politician, who was the 45th President of the United States, in office from 20 January 2017 to 20 January 2021, representing the Republican Party.
He made a fortune estimated at $1 billion by finding and buying losing properties and turning them around. The fourth of five kids, he grew up in Queens, the son of a self-made millionaire in real estate. In 1968, he graduated business school. In 1975 he made his first purchase of a run-down hotel, and began his history of renovations.
The youngest of five kids, he was raised in a 23-room estate in exclusive Jamaica Estates. As a boy, he visited building sites with his dad and drove a bulldozer by the time he was 13. In 1959, the feisty youngster was shipped off to New York Military Academy where he became Captain of the student regiment and of the baseball team.
He graduated in 1964 and attended Fordham University for two years, then Wharton School of Finance. He was already talking about changing Manhattan's skyline. He graduated from Wharton as first in his class with a B.A. in economics. He joined his dad's world of real estate.
Trump is known as a P.T. Barnum of finance. He was always a conspicuous consumer with a powerful mystique. He sculpts his own persona with the aid of a press agent and has his name emblazoned on everything he touches. His toys include a $30 million yacht, an 118-room palace in Florida, and a Manhattan apartment with an 80-foot living room.
Overextended, his empire began to crumble in 1990, leading to massive juggling of properties, buying and selling to stay afloat.
At the age of 51, Trump wrote his third autobiography, "Trump: The Art of the Comeback" (1997) written with Kate Bohner. Trump's other two autobiographies include "Trump: Surviving at the Top" (1990) written with Charles Leerhsen, and "Trump: The Art of the Deal" (1987) written with Tony Schwartz.
Trump had a 13 year marriage with Ivana whom he met in 1975, producing three children: Donald Jr. in 1978, Ivanka in 1982 and Eric in 1984. Their divorce in 1991 was highly publicized with accusations of his affair with Marla Maples and Ivana reaming Trump for as much as she could at the time, settling for a $3.5 million dollar home and $14 million.
With this being only 1.5% of his net worth, she continued to pursue for a higher settlement. With the publication of Ivana's tell-all book, Donald brought a $25 million law suit against her on 30 July 1992 for breach of privacy.
His tempestuous relationship with Marla Maples included a public shouting match in October 1992 in a restaurant. Their daughter Tiffany was born on 13 October 1993. Trump separated from Marla in May 1997 with a pre-nup between one and five million.
In October 1999, he threw his hat in the ring of the presidential nomination, exploring the possibility of Pennsylvania Avenue real estate. He withdrew his coy flirtation on 14 February 2000.
The multimillionaire seems to be enjoying his new career as host of a TV reality series, "The Apprentice," which aired at 8:30 PM EST on 8 January 2004. In the show he plays an executive with eight male and eight female participants trying to make more money than their opponents and vying for Trump’s attention.
Giving her a $2 million 12-carat diamond ring, Trump became engaged to Slovenian-born model Melania Knauss on 26 April 2004. They had lived together for the previous five years.
On 9 August 2004, one of the billionaire's companies, the Trump Hotels and Casino Resorts, Inc., disclosed a plan announcing the intention to file for bankruptcy protection in September (2004) and to emerge from Chapter 11 within a year. Under the plan, Trump would contribute nearly $71 million to the company and will relinquish his CEO title while retaining his position as Chairman of the Board.
After months of negotiation with creditors, Trump’s casino empire filed for Chapter 11 protection from debts on 22 November 2004. He asserts, “I don’t think it’s a failure; it’s a success. In this case, it was just something that worked better than other alternatives.” The business had a debt of $1.8 million; in September 2004, Forbes magazine estimated Trump’s worth to be $2.6 billion and ranked him the 74th richest American. This filing is the second time the casinos filed for bankruptcy; the first time was in 1992.
The multimillionaire married for the third time on 22 January 2005 in Palm Beach, Florida, this time to Melania Knauss. The marriage ceremony was scheduled to begin at 7 PM. Trump and Melania welcomed their first child together, a son, Barron William Trump, born in New York City on 20 March 2006. Barron is Trump’s fifth child and his wife’s first.
The Donald’s first grandchild arrived on 12 May 2007, a girl named Kai Madison Trump, who was born to his son Donald, Jr. and daughter-in-law, Vanessa. Next born is their son Donald John III. Their third child arrived on 2 October 2011, named Tristan Milos, followed by Spencer Frederick (born 21 October 2012) and Chloe (born 16 June 2014).
Donald Trump has three grandchildren born to his daughter Ivanka Trump and her husband, real estate developer Jared Kushner: Arabella Rose Kushner (born 17 July 2011), Joseph Frederick Kushner (born 14 October 2013), and Theodore James Kushner (born 27 March 2016).
On 16 June 2015, Trump again announced his candidacy for president, as a Republican. Trump became known for supporting measures to reduce illegal immigration, for opposing various free-trade agreements that he regards as unfair, for his frequently non-interventionist views on foreign policy, and for his idea to temporarily ban most foreign Muslims from entering the United States until Congress can determine how to address Islamic terrorism.
Trump quickly emerged as the front-runner for the Republican nomination. His remarks and positions inspired protests both opposing and supporting him.
Trump defeated the Democratic Party candidate, Hillary Clinton, in the general election on 8 November 2016. He was inaugurated on 20 January 2017. A media conflict arose in the days after the inauguration ceremony, as Trump claimed, against all visual evidence, that the largest ever number of attendants had been present at the ceremony.
Trump was impeached by the House of Representatives on 18 December 2019 for abuse of power and obstruction of Congress. He is the third U.S. president to be impeached. The impeachment trial began on 16 January 2020, and on 5 February he was acquitted by the Senate of both charges.