The 75-year-old Canadian actor received the accolade on 26.01.11, where he joked the tribute was better than a headstone in a cemetery because he would be able to visit his own spot.
He said: "This marker I can actually come and visit. I could get a chair and sit here, or a bucket and a mop and clean it, and make sure that people don`t step on it."
Donald`s star is located outside the Roosevelt Hotel next to his son Kiefer Sutherland-s tribute.
Though Kiefer was unable to attend the ceremony because of working commitments in New York, he penned a message which was read out by Colin Farrell, who co-starswithDonald in forthcoming movie `Horrible Bosses`.
The note said: "I selfishly wanted to be there to simply tell you how proud I am to have you as my father and how even more proud I am to be your son."
Donald - who has made over 130 films in his five-decade spanning career - previously revealed Kiefer mocked him when he received his star before his dad.
He said: "During the ceremony, Kiefer was saying, `Where the hell is yours?` And it was me saying, `F**k you!` "
The `American Haunting` star also admitted he was proud to be receiving the honour so late in his career.
He said: "It`s lovely. You`re 75 years old. It`s different from what it is if you`re a young person in the full flush of your career when your future`s ahead of you. My future is behind me so when you`re my age and you go for a drive, you pass the cemetery, you turn and look. You`re window shopping!"