Donald Trump’s business empire wasn’t built overnight, nor was it built from nothing. Unlike the classic self-made mogul, Trump started with a hefty financial boost—his father, Fred Trump, was a successful real estate developer who provided capital and connections.
While that advantage certainly helped, a flair for branding and risk-taking helped Trump expand his empire. Here are seven bold (and sometimes risky) moves that shaped his fortune.
1. Betting Big on Manhattan Real Estate
In the late 1970s, Donald Trump saw Manhattan’s potential when others doubted its future. By acquiring the Commodore Hotel (now the Grand Hyatt), he proved that calculated risks could lead to massive rewards.
Transforming a struggling property into a success emphasized the value of seizing opportunities others overlook.