List of Successes

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ArgueMax
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List of Successes

#1 Post by ArgueMax » Tue Jul 12, 2016 1:00 pm

I am putting together a list of Donald Trump's successes. I ask you, have we had a president before who has been this successful?

Grand Hyatt Hotel

Trump bought the former Commodore Hotel, which had fallen into relative disrepair, from Penn Central Railroad in 1974 and after six years of construction, the Grand Hyatt Hotel debuted. Smack dab in the heart of New York City, with the image of Grand Central reflected off its glass façade, the 34-story hotel is still booming business today.

Trump Tower


Trump broke ground on his now-famous 48-story Trump Tower in 1980. The luxury high-rise opened in 1983 and, with upscale restaurants and stores located in the mostly residential building, is still highly sought after real estate.

Wollman Rink

Trump renovated Wollman Rink in 1986 after contacting Mayor Ed Koch and offering to complete the renovation for $3 million. He finished the project on time and $750,000 under budget. Wollman Rink remains a Central Park fixture with more than 5 million annual visitors.

40 Wall Street

Trump purchased the building in 1995 for $1 million and renovated it for $35 million. Today, 40 Wall Street, one of the tallest office buildings in downtown New York, is worth over $500 million.

Trump Place

After years of negotiations, Trump finally broke ground on Trump Place, the gargantuan housing development along the Hudson River. The development includes 25 acres of open space and 5,700 apartments housed in 18 residential buildings.

The Apprentice


The Apprentice premiered on NBC in 2004 to great ratings. Trump served as not only the host but also the executive producer, raking in $1 million per episode. The show was successful enough that it inspired a spinoff, The Celebrity Apprentice.

Trump International Tower Chicago


Trump bought the former Chicago Sun-Times headquarters in 2005 for $73 million and converted it into the second tallest building in Chicago. It houses a hotel, condos, restaurants and shops, and was named Travel+Leisure’s best large city hotel in North America in 2010.

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ArgueMax
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Joined: Mon May 12, 2014 12:41 am

Re: List of Successes

#2 Post by ArgueMax » Tue Jul 12, 2016 1:03 pm

http://www.investopedia.com/university/ ... -story.asp

http://www.fool.com/investing/general/2 ... esses.aspx

"it’s simply not the case that Trump is “fair-to-middling” at running his business. In fact, Trump’s business is insanely profitable. According to that Businessweek story, the Trump Organization brought in about $605 million in revenue last year, and managed to clear somewhere between $275 and $325 million in profit. That’s a phenomenally high profit margin (which, of course, is a key sign of the health of a business). Trump’s approximately 50 percent margin means his company is more profitable than Pfizer, Gazprom, and Hyundai – all the most profitable companies in their respective industries. Trump’s company even has higher margins than Apple. Who knew? It turns out Steve Jobs was only “fair-to-middling” at running a business." http://www.investopedia.com/university/ ... -story.asp

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