Since Donald Trump announced his candidacy for president some weeks ago, he has filled hundreds of pages on newspapers and magazines with his controversial comments. Despite he is one the most hated candidates his popularity has increased with the support of the growing anti-establishment politician trend and he is leading the polls of the republican presidential race.
After all, he is a successful businessman with a fortune of 4 billion dollar.
Following his father's steps
Born in June 14th of 1946 in Queens, New York, his professional career has always been related to real state development influenced by his father. However his personal goals were much grander than those of his senior. He said: “My father was my mentor, and I learned a tremendous amount about every aspect of the construction industry from him.”
In 1971 he became involved in large profitable building projects in Manhattan. He opened the Grand Hyatt in 1980, which made him the city's best known and most controversial developer.
His most known real state developments are Trump Plaza, 40 Wall Street in Manhattan, golf resorts in Florida and casinos in Atlantic City.
King of Mass Media
He has one of the most active twitter account among forbes list members
Trump is the most googled presidential candidate. He was the most searched in every state the day of his announcement, and his “search interest” — percentage of national queries for the hour after he announced — was 87%.
In 2004 Trump began starring in the hit NBC reality series The Apprentice,. In 2007, Trump received his own Hollywood Walk of Fame star for his role as producer in this TV programme.
The B word
"I don't like the B word,” he said in 2010 while testifying in a New Jersey bankruptcy courtroom about his company, Trump Entertainment Resorts Inc., which had filed for bankruptcy for the third time. After this, he has faced bankruptcy several times.
A significant amount of debt was garnered from financing the Taj Mahal, one of Trump’s casinos acquired in 1988, through high-interest junk bonds. However, he ceded 50 percent ownership of the casino to the original bondholders, who lowered Trump’s interest rates and extended the loan so Trump had more time to pay off the debt.
Diversifying investments
Some of the business he was involved are a Vodka brand, a board game, a mortgage company, a own line of clothing, casinos, a luxury airlines or even a university. All of them bear his name but not all of them had the same success.
A controversial political career
In 2008 and 2012 he talked of seeking the Republican presidential nomination but eventually withdrew from the race. He is very critical with President Obama's policies. He also appeared often with other candidates, such as Sarah Palin.
He has won a presidential primary in a major state: In 2000, Trump was among five candidates listed on the Reform Party primary ballot in California. He had filed papers the previous autumn to become a member of that party and one of its presidential candidates. Although he had withdrawn months earlier and did not campaign for the primary in California, he received 15,311 votes in the June event, 44 percent of the total.
A national phone poll completed on July 2015 showed Trump in the lead for a Republican nomination. Ex-governor of Florida and younger brother of ex-president George Bush, Jeb Bush, was slightly behind.
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Editors’ Picks
EUR/USD trims gains, back below 1.1800
EUR/USD now loses some upside momentum, returning to the area below the 1.1800 support as the Greenback manages to regain some composure following the SCOTUS-led pullback earlier in the session.
GBP/USD off highs, recedes to the sub-1.3500 area
Following earlier highs north of 1.3500 the figure, GBP/USD now faces some renewed downside pressure, revisiting the 1.3490 zone as the US Dollar manages to regain some upside impulse in the latter part of the NA session on Friday.
USD/JPY sticks to gains above 155.00, over one-week top ahead of US data
The USD/JPY pair gains positive traction for the third straight day and climbs to over a one-week top, around the 155.35-155.40 region. Data released early today showed that Japan’s key inflation gauge eased to the slowest pace in two years, tempering expectations for an immediate policy tightening by the Bank of Japan.
Editors’ Picks
EUR/USD: US Dollar comeback in the makes? Premium
The US Dollar (USD) stands victorious at the end of another week, with the EUR/USD pair trading near a four-week low of 1.1742, while the USD retains its strength despite some discouraging American data released at the end of the week.
Gold: Escalating geopolitical tensions help limit losses Premium
Gold (XAU/USD) struggled to make a decisive move in either direction this week as it quickly recovered above $5,000 after posting losses on Monday and Tuesday.
GBP/USD: Pound Sterling braces for more pain, as 200-day SMA tested Premium
The Pound Sterling (GBP) crashed to its lowest level in a month against the US Dollar (USD), as critical support levels were breached in a data-packed week.
Bitcoin: No recovery in sight
Bitcoin (BTC) price continues to trade within a range-bound zone, hovering around $67,000 at the time of writing on Friday, and falling slightly so far this week, with no signs of recovery.
US Dollar: Tariffed. Now What? Premium
The US Dollar (USD) reversed its previous week’s decline, managing to stage a meaningful rebound and retesting the area just above the 98.00 barrier when tracked by the US Dollar Index (DXY).
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