User:SusanLesch/sandbox
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Early life and education
[edit]
Trump was born on June 14, 1946, at Jamaica Hospital in Queens, New York City, the fourth child of Fred Trump and Mary Anne MacLeod Trump.[1] He is of German and Scottish descent.[2] He grew up with his older siblings, Maryanne, Fred Jr., and Elizabeth, and his younger brother, Robert, in a mansion in the Jamaica Estates neighborhood of Queens.[3] He was a millionaire in 2024 dollars by age eight.[a][4]
Trump attended the private college-preparatory Kew-Forest School through seventh grade.[5] He was a difficult child and showed an early interest in his father's business.[6] His father enrolled him in New York Military Academy, a private boarding school, to complete secondary school.[7] Biographer Maggie Haberman writes that he was an athletic teenager who dreamed of a Hollywood career.[8]
In 1964, Trump enrolled at Fordham University. Two years later, he transferred to the Wharton School of the University of Pennsylvania,[9] graduating in May 1968 with a Bachelor of Science in economics.[10] He was exempted from the draft during the Vietnam War due to bone spurs in his heels.[11] In 2015, he threatened his high school, colleges, and the College Board with legal action if they released his academic records.[12]
Producer Mark Burnett made Trump a TV star[13] when he created The Apprentice which premiered in 2004. The first year, 28 million viewers watched the finale,[14] and the show ran for 14 seasons.[15] Trump borrowed his catchphrase from George Steinbrenner when he ad libbed, "You're fired".[16] The shows remade Trump's image for millions of viewers nationwide and may have reified his political aspiration.[17] With the related licensing agreements and The Celebrity Apprentice sequel, they earned Trump more than $400 million.[18] Burnett and Trump split the brand integration revenue fifty-fifty.[19] Trump's licensing income grew from $46,000 in 2004 to $30.6 million per year in 2010.[20]
From 2004 to 2015, Trump was co-producer and host of reality shows The Apprentice and The Celebrity Apprentice. On the shows, he was a superrich and successful chief executive who eliminated contestants with the catchphrase "you're fired". The New York Times called his portrayal a "highly flattering, highly fictionalized version of Mr. Trump".[21]
Biographer Timothy L. O'Brien writes that The Apprentice rescued him and, "Trump had found his métier".[22] A six-figure price for 30-second commercials earned NBC $106 million one year.[23]
They made deals with Procter & Gamble, QVC, Levi Strauss & Co., General Motors, Burger King, Hanes, Dove, Unilever, and Domino's.[24] Trump began a series of lucrative licensing deals that cost him nothing and always paid him. Forty proposals for luxury resort towers around the globe[b] were never completed; early buyers often sued to recover their deposits, while Trump was paid. He rebranded the multi-level marketing company Ideal Health as Trump Network selling vitamin supplements and earning $2.6 million in two years.[26] For 11 years starting in 2004, Phillips-Van Heusen agreed to license his name for Trump-branded shirts and ties earning Trump $1 million each year,[27] and Marcraft Group sold Trump-branded suits.[28] That year he launched "Donald Trump—The Fragrance" with Estée Lauder.[29]
Launched in 2004, The Apprentice earned $400 million for Trump, and its carefully constructed xxxx remade his image into a positive one with viewers.[30]
with show creator Mark Burnett transformed Trump's portfolio. Deals eventually earned them upwards of $2 million per episode, with where Trump started at $50,000 an episode; he
Trump began to make side deals with these companies, earning more from Unilever and Domino's. Having learned that his name had value, he began a series of lucrative licensing deals.
When his father died in 2004, he left Trump and each of his siblings a $177.3 million inheritance.[27]
Trump University
[edit]In 2005, Trump co-founded Trump University, a company that sold real estate seminars for up to $35,000. After New York State authorities notified the company that its use of "university" violated state law (as it was not an academic institution), its name was changed to the Trump Entrepreneur Initiative in 2010.[31]
In 2013, the State of New York filed a $40 million civil suit against Trump University, alleging that the company made false statements and defrauded consumers. Additionally, two class actions were filed in federal court against Trump and his companies. Internal documents revealed that employees were instructed to use a hard-sell approach, and former employees testified that Trump University had defrauded or lied to its students.[32] Shortly after he won the 2016 presidential election, he agreed to pay a total of $25 million to settle the three cases.[33] Trump earned $5 million.[34]
Around 2006, buyers in Trump-licensed seaside residential towers from Waikiki to Atlanta were surprised to learn Trump did not own the properties.[35]
in Baja California and Waikiki, Hawaii, failed to understand marketing when they believed Trump owned the properties. Trump, Ivanka, Donald Jr., and Trump Organization settled the Baja lawsuit with over one hundred buyers; the judge sealed the terms. A similar suit was settled in Waikiki.[36] In 2016, buyers lost their appeal in Fort Lauderdale, Florida.[37]
- ^ Beginning when Trump was three, his father gave each of his children $6,000 every year, the maximum allowed without incurring a gift tax, and, to avoid taxes, made them landlords of two of his housing developments, paying each $13,928 in rent every year.
- ^ Trump announced projects in Atlanta, Dallas, Delaware, Fort Lauderdale, Waikiki, Philadelphia, New York City, Panama, Mexico and Israel.[25]
The Apprentice
[edit]I'd like to propose a couple minor changes to the TOC outline. This article doesn't have a TOC item for The Apprentice, which was a milestone in Trump's life. The Apprentice led Trump to licensing deals worldwide. Any help is welcomed especially to keep the chrono order. For example, I fudged the SAG-AFTRA para out of order to keep it.
Before
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1 Early life and education
2 Personal life
2.1 Family
2.2 Health
3 Business career
3.1 Real estate
3.1.1 Manhattan and Chicago developments
3.1.2 Atlantic City casinos
3.1.3 Clubs
3.2 Side ventures
3.2.1 Trump University
3.3 Foundation
3.4 Legal affairs and bankruptcies
3.5 Wealth
4 Media career
5 Early political aspirations (1987–2014)
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After
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|---|
1 Early life and education
2 Personal life
2.1 Family
2.2 Health
3 Business career
3.1 Real estate
3.1.1 Manhattan and Chicago developments
3.1.2 Atlantic City casinos
3.1.3 Clubs
3.2 Side ventures
3.3 Foundation
3.4 Trump University
3.5 Legal affairs and bankruptcies
3.6 Wealth
4 Media career
5 The Apprentice
6 Licensing the Trump name
7 Early political aspirations (1987–2014)
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- ^ Kranish & Fisher 2017, pp. 30, 37.
- ^ Kranish & Fisher 2017, p. v.
- ^ Horowitz, Jason (September 22, 2015). "Donald Trump's Old Queens Neighborhood Contrasts With the Diverse Area Around It". The New York Times. Retrieved November 7, 2018.
- ^ Buettner & Craig 2024, pp. 30–31.
- ^ Kranish & Fisher 2017, pp. 33, 38.
- ^ D'Antonio 2015, pp. 40–41.
- ^ Kranish & Fisher 2017, p. 38.
- ^ Haberman 2022, p. 2.
- ^ Kranish & Fisher 2017, pp. 45, 47.
- ^ "Two Hundred and Twelfth Commencement for the Conferring of Degrees" (PDF). University of Pennsylvania. May 20, 1968. pp. 19–21. Retrieved March 31, 2023.
- ^ D'Antonio 2015, pp. 69–71.
- ^ Ashford, Grace (February 27, 2019). "Michael Cohen Says Trump Told Him to Threaten Schools Not to Release Grades". The New York Times.
- ^ Buettner & Craig 2024, p. 7, "Mark Burnett, the television producer who made Trump a star, did not just hand him a fortune.".
- ^ O'Brien 2015, p. 19.
- ^ Kranish & Fisher 2017, p. 214.
- ^ Haberman 2022, p. 155.
- ^ Kranish & Fisher 2017, pp. 213–219.
- ^ Poniewozik, James (September 28, 2020). "Donald Trump Was the Real Winner of 'The Apprentice'". The New York Times. Retrieved October 18, 2023.
- ^ Buettner & Craig 2024, p. 346.
- ^ Buettner & Craig 2024, p. 410.
- ^ Grynbaum, Michael M.; Parker, Ashley (July 16, 2016). "Donald Trump the Political Showman, Born on 'The Apprentice'". The New York Times. Retrieved July 8, 2018.
- ^ O'Brien 2005, pp. 17, 32.
- ^ O'Brien 2005, p. 25.
- ^ Buettner & Craig 2024, pp. 368, 371, 374, 375, 387, 389, 392.
- ^ Buettner & Craig 2024, p. 398.
- ^ Buettner & Craig 2024, pp. 402–403.
- ^ a b Buettner & Craig 2024, p. 379.
- ^ Buettner & Craig 2024, pp. 379, 380.
- ^ Buettner & Craig 2024, p. 380.
- ^ Buettner & Craig 2024, p. 358.
- ^ D'Antonio 2015, pp. 281–282.
- ^ D'Antonio 2015, pp. 282–283.
- ^ Eder, Steve (November 18, 2016). "Donald Trump Agrees to Pay $25 Million in Trump University Settlement". The New York Times. Retrieved November 18, 2016.
- ^ Buettner & Craig 2024, p. 408.
- ^ Kranish & Fisher 2017, p. 239.
- ^ Johnston 2016, pp. 170, 174–175.
- ^ Kam, Dara (April 27, 2016). "Florida appeals court sides with Trump on failed beachfront hotel/condo project". Orlando Weekly. Retrieved December 12, 2024.