🤔 Trump..!! Is he a genius businessman or just a lucky person from a wealthy family? 🔥
Trump was born in 1946 to a wealthy family; his father (Fred Trump) was a successful real estate developer.
He started his career at his father's company "Elizabeth Trump & Son" (which managed rental properties in Brooklyn and Queens) and expanded his operations to Manhattan, where he entered into luxurious and large projects, such as the development of the "Grand Hyatt" hotel.
A large part of his wealth came from making his name a brand of luxury and selling the rights to his name for real estate and hotel projects around the world, even if he did not fully own them (like "Trump Dubai" or "Trump Philippines").
Trump faced financial crises due to the accumulated debts on casinos (such as the Taj Mahal Casino in Atlantic City). He declared bankruptcy for his companies 4 times (1991, 1992, 2004, 2009), but he used legal loopholes to restructure his debts.
In the 2000s, he boosted his image through the show (The Apprentice), where one of his most famous phrases was: "You're Fired!" This made him famous across America and increased the value of his brand.
The exact value of his wealth is a matter of debate, and some reports question his true net worth, especially since he refused to release full tax returns before the presidency.
💬 And the question remains: Is his success the result of fierce intelligence or just luck? ⬇️
