How did donald trump earn his money?
Career Trump began his career at his father’s company, the Trump Organization, and initially concentrated on his father’s preferred field of middle-class rental housing. One of Donald’s first projects, while he was still in college, was the revitalization of the foreclosed Swifton Village apartment complex in Cincinnati, Ohio–turning a 1200-unit complex with a 66% vacancy rate to 100% occupancy within a year. When the Trump Organization sold Swifton Village for $12 million, they cleared $6 million in profit. In the 1970s he benefited from the financially strained New York City government’s willingness to give tax concessions in exchange for investments at a time of financial crisis, via the redevelopment of the bankrupt Commodore Hotel. He was also instrumental in steering the development of the Javits Convention Center on property he had an option on. The development saga of the Javits Convention Center brought Donald Trump into contact with the New York City government when a projec
