Trump-A-Palooza: The Good. The Bad. The Billionaire President (Part 1) – Hour 1

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Audio Transcription

Who is the real Donald Trump? How did he earn his wealth and how did he become the President of the United States of America. This week Clay Clark (America’s #1 Business Coach) breaks down the life and times of Donald Trump’s rise to power.

Who is Donald Trump? –
From an objective perspective, according to a 2017 Forbes estimate, Donald Trump’s net worth is approximately $3.1 billion.
$1.6 billion is in New York real estate
$570 million is in golf clubs and resorts
$500 million is in non-New York real estate
$290 million is in cash and personal assets
$200 million is in brand businesses.
**According to Fortune magazine, his net worth has gone down from $3.7 billion to $3.1 billion because of the overall declining value of New York real estate.
He dropped to number 248 in the ranks for the richest people in America according to Forbes. He’s down from his ranking as the 156th richest person in America in 2016.

He is the best-selling author of several books including:
The Art of the Deal (1987)
The Art of the Comeback (1997)
Why We Want You to Be Rich (2006)
Trump 101: The Way to Success (2006)
Trump Never Give Up: How I Turned My Biggest Challenges into Success (2008)

FUN FACT: The Art of the Deal (1987) – it was the first book published by Trump, and helped to make him a “household name.” It reached number 1 on The New York Times Best-Seller list, stayed there for 13 weeks, and altogether held a position on the list for 48 weeks.

NOTABLE QUOTABLE – “Until several months ago, I would have said not all that different. He was then and is now always 100 percent self-absorbed, incapable of interest in other human beings, and completely self-referential. He viewed every event through the lens of its impact on him. Even 30 years ago, he had an incredibly short attention span. Lying was almost second nature to him; he did it as easily as most of us drink a glass of water. All of those things have turned out to be very similar all throughout his life, and he himself has said, “I’m pretty much the same person at 70 that I was at 7.” I believe that’s true.” – Tony Schwartz – The Nation Interview –

Howard Kaminsky was a book publisher who died at the age of 77, and was the publisher behind the creation of Donald Trump’s first book, “The Art of the Deal.” Howard said that Donald Trump did not play role in the writing of his own book. Howard told the New Yorker, “Trump didn’t write a postcard for us!” Kaminsky said. –

He has been the husband of three different women:

Wife #1 – He has been the husband of Ivana Trump (1977 – 1992)
A Czech-American businesswoman, former fashion model, author, and television personality. She was the first wife of Donald Trump from 1977 until 1992.

Wife #2 – Marla Maples (1993 – 1999) and Marla Maples (1993 – 1999)
An American actress and television personality. Maples was also the second wife of Donald Trump (1993-99)

Wife #3 – Melania Knauss; April 26, 1970)
the current First Lady of the United States and third wife of the 45th President of the United States, Donald Trump.[1]
She was born in Novo Mesto, Slovenia and grew up in Sevnica, Lower Sava Valley.[2] She worked as a fashion model for agencies in Milan and Paris, later moving to New York City in 1996.[3] She initially worked in the United States prior to receiving a legal work visa.[4][5] Her modeling career was associated with Irene Marie Models and Trump Model Management.[6]
In 2001, she obtained a green card and became a lawful permanent resident of the United States. She married Donald Trump in 2005 and obtained U.S. citizenship in 2006.
She is the first naturalized U.S. citizen to become First Lady of the United States.

The Timeline of Donald Trump

The PD (Pre-Donald) Years
1927 = 19 PD – (19 years Pre-Donald) Donald’s father (Fred Trump) began his career by working in construction and sales. He created a company by the name of E. Trump & Son in 1927.

He grew this business to the point where he actually owned and controlled and estimated 27,000 apartments within New York City. He owned single family homes in Queens and apartments for the U.S. Navy personnel located near the major shipyards on the east coast.

June 14th – 1946 – Donald Trump was born in Queens, New York.

1958 – Age 12 – Donald Trump attended Kew-Forest School in Forest Hills, Queens, where his dad (Fred) served on the governing board.

1959 – Age 13 – Donald kept getting himself into alot of trouble so his father Fred sent him off to the New York Military Academy to get his life together and to learn some discipline.


NOTABLE QUOTABLE – “As an adolescent, I was mostly interested in creating mischief,” he wrote in his book, “The Art of the Deal.”

NOTABLE QUOTABLE – “Without passion you don’t have energy, without energy you have nothing.” – President Donald J. Trump

1962 – Age 15 – He begins to work for his father’s company Elizabeth Trump and Son.

1964 – Age 17 – Graduates from New York Military Academy

1964 – Age 17 – He attended Fordham College at Rose Hill for two years. Trump originally wanted to become a movie producer, but he was denied by the University of Southern California when he applied to go there.

FUN FACT: While attending the University Joan Ann Poroski had just be allowed to become the first woman student allowed into the school’s undergraduate student population.

FUN FACT: Trump was able to avoid being drafted to serve in the Vietnam War because he was able to use his college status to receive 4 individual deferments.

1964 – Age 17 – His father bought the Swifton Village apartment complex that was 50% vacant (but the largest apartment complex) at a foreclosure auction. Donald Trump was a senior in high school at the military academy when his dad bought the complex, but he played a big role in managing the project while going through both high school and college.

1966 – Age 19 – Transfers to Penn’s Wharton School of Business and almost immediately begins buying properties in Philadelphia.

What did Donald Trump do while at Wharton?
NOTABLE QUOTABLE – “The Daily News reports that none of the students that attended Wharton between 1966 and 1968 have any recollection of Trump; he was only a student there for two years, after transferring from Fordham University in New York City. “He was not first in the class. He was not known on campus for any reason at all,” his Wharton classmate Nancy Hano told Daily News. Another classmate, Stanton Koppel, told the publication, “I have no memory of him whatsoever.” – Fortune Magazine –

FUN FACT – “Writing in the New York Times magazine in 1984, William Geist reported that “the commencement program from 1968 does not list him as graduating with honors of any kind,” even though “just about every profile ever written about Mr. Trump states that he graduated first in his class at Wharton in 1968.” –

1968 – Age 22 – He graduates from the University of Pennsylvania in 1968 after having earned a bachelor’s degree.

NOTABLE QUOTABLE – “What separates the winners from the losers is how a person reacts to each new twist of fate.” – President Donald J. Trump

FUN FACT: A 1968 commencement program shared Friday by the Daily Pennsylvanian backs that up. It shows that Trump graduated from the undergraduate school of finance and commerce, but he did not graduate at the top of his class or with honors. –

1968 – NOTABLE QUOTABLE – “He got his start when he turned a big profit on a Cincinnati apartment complex his father assigned him after his Wharton graduation in 1968.” –

FUN FACT – Before Donald Trump became a household name, wrote best-selling books, became a reality TV star and became the billionaire President of the United States, he had to start somewhere. Donald learned real estate as a result of working for his father’s construction company managing apartments.

NOTABLE QUOTABLE – “Hunt for bargains. Chase out deadbeats. Spend some money on paint and polish.” – Fred Trump (Donald’s father) –

FUN FACT – Donald Trump’s father was one of the biggest landlords in New York at one time owning 39 buildings and 14,000 units mostly located in Queens and Brooklyn.

NOTABLE QUOTABLE – “You have to think anyway, so why not think big?” – President Donald J. Trump


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