Offline Gurus - Donald Trump

ProgramCritique.com Review:

Donald Trump is among the famous real estate builders of America. He was born Donald John Trump on June 14, 1946 in New York. He is the fourth among five children. His father was a real estate developer. He is the main man behind many tall buildings like Trump Tower, Trump Place apartment, Trump World Tower, and many more casinos and hotels. Donald is a very straightforward person and a successful business executive. Donald’s early education was at New York Military Academy and later he graduated from the University of Pennsylvania with a degree in economics. He later joined his father’s real estate company-the Trump Organization. 

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Donald is one of America’s richest men. He hardly inherited anything but earned a lot of fame and fortune through his own efforts. He was running his real estate empire very successfully. However, bankruptcy in the middle of an excellent career led to his forsaking a major part of his holdings. The tax laws of 1986 and a recession disrupted his real estate success. He had to lose control over them to repay loans to various creditor banks. 

Slowly, Donald tried to restructure his debt by planning his moves excellently. He reduced his individual ownership of his holdings from 56% to 27%. He gave away stocks to bondholders for giving away their part of the total debt. All these measures helped Donald restructure his debt and he slowly could regain at least part of his fortunes. Forbes 400 lists Donald’s net worth at $2.6 billion. 

Donald has authored many books-Trump: The Art of Survival, Trump: How to Get Rich, Trump: The Art of the Deal, Trump: The Art of the Comeback, Trump: Surviving at the Top, Trump: Think Like a Billionaire: Everything You Need to Know About Success, Real Estate, and Life, and The Way to the Top: The Best Business Advice I Ever Received. 

Donald is by nature very confident and intelligent. He is a master of real estate and can very well understand the psychology of developing real estate. He understands the power of branding and hence puts his name on all properties and books. He never lets go of a single opportunity to promote himself. His excellent talent in restructuring bad real estate properties has turned many such properties into top scale properties. Donald contributes liberally to charities. He is very simple minded despite his riches. He is a very honest and outspoken businessperson. He collects and builds buildings, properties, and yachts very easily. He can stand on the same platform as an ordinary man as he does not have any false airs about his huge riches. Many common people are in awe of Donald.

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