Our Haute 100 list details the accomplishments of the most influential people in each of our markets—Miami, New York, Los Angeles, and San Francisco. These people continue to make moves, so rather than waiting for the next Haute 100 issue to come out, we thought we’d provide you with regular updates on those Haute 100 members who are making headlines. Donald Trump is breaking ground once again.
Company: The Trump Organization
Inudstry: Real Estate
What Made Him Haute: Everyone is familiar with The Donald’s real estate (and reality television) empire, but they may not be entirely familiar with his South Florida ties. Trump purchased Palm Beach’s magnificent Mar-A-Lago estate in 1985 and used the immense palace as his personal home for a number of years before turning it into one of the country’s most exclusive private clubs a decade later. It is the last remaining Palm Beach estate that is almost identical to the day it was built, albeit with modern comforts and upgrades, which led it to be placed on the National Register of Historic Places. The real estate mogul also has three Trump-branded properties in South Florida (one in Hollywood and two in Sunny Isles), as well as Trump International Golf Club in Palm Beach.
What Makes Him Haute Now: An innovative businessman, he is now investing in Mumbai. Trump knows its potential and is having his son, Donald Jr., take over this project. According to PwC, the accounting firm, Mumbai has great earning potential. Why limit yourself to established markets, when you could capitalize on emerging ones and reap substantially higher profits? In 2011, Trump is breaking new ground as always.