Alan Sugar vs Donald Trump

Alan Sugar’s profile picture
Donald Trump’s profile picture
President-elect, United States
$1.78 Billion
Net worth 2018
$3.08 Billion
Business People
Industry
Real Estate
London Borough of Hackney
Residence
Jamaica Hospital Medical Center, New York City, New York, United States
British
Country
United States
24/03/1947
BirthDay
14/06/1946
1.73 m
Height
1.88 m
Children
5
Northwold Primary School, Brooke House Secondary School
Education
Bachelor of Arts / Science, University of Pennsylvania; Fordham University
NET WORTH STATISTIC
TIMELINE
2007

Sugar sold off the company to its biggest client BSkyB in 2007

2005

He has appeared in the BBC reality show, ‘The Apprentice’ since 2005

1993

Amstrad produced the Amstrad Mega PC, a system similar to the Sega TeraDrive in 1993

1991

In spite of having no knowledge about the game of football, he teamed up with Terry Venables to buy Tottenham Hotspur football club in 1991

1990

During the early 1990s they purchased several telecommunication businesses including Betacom, Viglen Computers and Dancall Telecom

1988

The company brought out the PC models PPC512 and 640 in an attempt to bring affordable portable computers to the market in 1988

1984

The Amstrad PC range was introduced in 1984 in an attempt to capitalize on the surge in demand for personal computers during that time

1980

In spite of registering tremendous growth during the 1980s, the company ran into hard times during the 1990s

1970

By 1970 the company began its manufacturing unit as well

1968

The company, founded in 1968 registered phenomenal growth during the 1980s

1971

In 1971, he moved to Studio apartment in Manhattan, New York and became involved with larger building projects. In the following year, he finalized first multi-million dollar real estate transaction with the sale of Swifton village in Cincinnati, Ohio.

1985

In 1985, he bought Mar-a-lago estate in Palm beach, Florida and renovated the Barbizon hotel and 100 Central Park South.

1988

In 1988, he bought the Plaza Hotel in New York City.

1989

In 1989, he bought a fleet of Boeing 727 airplanes to form Trump air shuttle service. Unfortunately a helicopter crash killed three Trump casino executives which lead to big issue.

1989

By 1989, poor business decisions left him unable to meet loan payments but he somehow financed the construction of his third casino, the $1 million Taj Mahal, with high-interest junk bonds. The increasing debt soon brought him to business bankruptcy.

1990

In 1990, he regained his previous stable financial position and fame and opened the Trump Taj Mahal casino in Atlantic City. Soon he gained approval for Riverside south development of West Side rail yards.

1996

In 1996, he got the ownership of Miss Universe Organization which produces the Miss Universe, Miss USA, and Miss Tean USA pageants.

2003

In 2003, he became joint partner with the National Broadcasting Company (NBC) where he became the executive producer and host of the NBC reality show, ‘The Apprentice’ which became a huge success. Following its success, he co-produced a show, ‘The Celebrity Apprentice’ along with British TV producer Mark Burnett.

2004

On October 21, 2004, Trump Hotels and Casino & Resorts declared a restructuring of its debt which led to a reduction in his individual ownership from 56 percent to 27 percent. The company applied for Chapter 11 Protection in November and soon the company re-emerged from bankruptcy as ‘Trump Entertainment Resorts Holdings’.