#18 Donald Trump
Age: 64yrs
Birth Place: New York City, New York, USA
Industry: Real Estate
Influence: Pioneer in Real Estate, Empowering Entrepreneur
Net Worth: $2 billion
Why they made the list…
We all know Donald Trump, and I have spoken about him in previous posts, not just because of his amount of success but also because of his amount of failure in which he overcame again and again. Donald began working for his father in the late 1960s, it was here that he truly shined and began to show the world just where was headed in the future. He started his career by successfully revamping a failing complex than appalling occupancy percentage, turning it into a fantastic complex with a 100% occupancy percentage. Succeeded again when a few years later he took on a massive project which the city of New York had failed to complete, he was given a very small budget, but most complete set and used less than a third of the remaining budget.
Donald Trump as we know has not been just a successful businessman, he’s had his ups and downs, and he’s been to a point where most entrepreneurs would have given up. In 1992 Trump was forced to sign a bankruptcy plan due to the fact that he could not make payments towards his debts which were accumulating at quite a speed. The most that his personal debt, note I said personal and not just business debt, was an incredible $900 million! Can you seriously imagine being in debt by that much money? However not want to disappoint; trump managed to not only get out of his debt and get his business out of debt, but he also managed to climb straight back up that ladder and become a multi-billionaire. It has been estimated that Donald Trump is worth approximately $2 billion.
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