Donald Trump’s Business Rise and Fall

Trump faced many challenges in business. His company Trump Hotels and Casino Resorts filed bankruptcy in 2004, when the company had a debt of $1.8 billion. But Trump used U.S. bankruptcy laws to restructure his debt and save his personal assets.

In 2004, his friend and producer Mark Burnett created a reality show for Trump on NBC called The Apprentice. The show was a superhit and reestablished Trump’s image as a celebrity and successful businessman. His tagline “You’re Fired!” became iconic.

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