donald trump Has once again become the President of America. He was in the election field on behalf of the Republican Party. He has defeated Kamala Harris in this election. You must have seen Donald Trump as a flamboyant leader and a powerful speaker. But do you know that Donald Trump is also called the king of real estate. Yes, before coming into politics he was in the world of real estate. Trump is the fourth son of New York real estate tycoon Fred Trump. Trump says that he entered real estate by taking a loan of 1 million dollars from his father.
Why is Trump the king of real estate?
Trump took over his father's portfolio of residential projects. He took over the leadership of the company in the year 1971. He changed the name of the company to Trump Organization. His company rebranded the run-down Commodore Hotel as the Grand Hyatt. His company worked on Manhattan projects followed by Brooklyn and Queens residential units. Built Trump Tower on the famous Fifth Avenue. This is also Trump's most popular property. Trump lived here for many years. Donald Trump's properties are not only in America but all over the world. These properties of Trump include hotels, golf courses, casinos and condominiums. They range from Las Vegas, Atlantic City and Chicago to Türkiye, the Philippines and India.
colorful billionaire
Before becoming President, Donald Trump was famous as a colorful billionaire. Not only in real estate, he was also well known in the world of entertainment. He was the owner of Miss Universe, Miss USA and Miss Teen USA beauty pageants. He was also the producer-host of NBC's reality show The Apprentice. Trump also wrote many books. He has also been accused many times of having affairs with other women. Trump was also convicted in 2006 on serious charges of falsifying business records to conceal an alleged relationship with adult film actress Stormy Daniels.
Applied for bankruptcy 6 times
You will be surprised to know that Donald Trump had also applied for business bankruptcy 6 times. His ventures like Trump Steaks and Trump University failed. In 2020, reports in The New York Times also revealed years of income tax evasion and continuous financial losses for Trump's businesses.
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