Donald John Trump (born June 14, 1946) is the 45th and current President of the United States, in office since January 20, 2017. Before entering politics, he was a businessman and television personality. Trump was born in Queens, New York City and earned an economics degree from the Wharton School. For 45 years, he managed The Trump Organization, the real estate development firm founded by his paternal grandmother. His career focused on building or renovating office towers, hotels, casinos, and golf courses. He started several side ventures and branded various products with his firm's name. He produced and hosted The Apprentice television series for 12 years. As of 2017, he was the 544th richest person in the world with an estimated net worth of $3.5 billion.
Republican (1987–99, 2009–11, 2012–present)
1. Ivana Zelnícková (m. 1977–92) 2. Marla Maples (m. 1993–99) 3. Melania Knauss (m. 2005)
1. Donald Jr. 2. Ivanka 3. Eric 4. Tiffany 5. Barron
Real estate developer (The Trump Organization) Television producer (The Apprentice)
US$3.5 billion
Trump said that he began his career with "a small loan of one million dollars" from his father.[68] He appeared on the initial Forbes List of wealthy individuals in 1982 with an estimated $200 million fortune, including an "undefined" share of his parents' estate.[69] During the 1980s he became a billionaire, but he was absent from the Forbes list from 1990 to 1995 following business losses; he reportedly borrowed from his siblings' trusts in 1993.
] His father's estate, valued at more than $20 million, was divided in 1999 among Trump, his three surviving siblings and their children. When he announced his candidacy on June 16, 2015, Trump released a one-page financial summary that stated a net worth of $8,737,540,000. The following month, he filed a 92-page FEC financial disclosure form[75] and declared his net worth was "in excess of ten billion dollars"
.In his presidential announcement speech, he said "I'm really rich", and stated this would make him less indebted to large campaign donors.[77][78] Forbes believed his net worth estimate was "a whopper", setting their own estimate at $4.1 billion in 2015. Trump valued his "properties under development" at $293 million; Forbes said they could not evaluate those deals, and booked them for $0.
Trump's 2015 FEC disclosure reported $362 million in total income for the year 2014.[76] After Trump made controversial remarks about illegal immigrants in 2015, he lost business contracts with several companies, which reduced his Forbes estimate by $125 million.[81] Consumer boycotts and reduced bookings may have further affected his brand value during the presidential campaign.
Trump's 104-page FEC disclosure in May 2016[85] still claimed a total wealth over $10 billion, unchanged from 2015.[75] The release of the Access Hollywood tapes in October 2016 put further pressure on his brand,[86] but real estate experts predicted a positive rebound after he was elected.
In their 2017 billionaires' ranking, Forbes estimated Trump's net worth at $3.5 billion (544th in the world, 201st in the U.S.)
making him one of the richest politicians in American history. These estimates fluctuate from year to year, and among various analysts. In July 2016 Bloomberg News had pegged his wealth at $3 billion, calling it an increase thanks to his presidential nomination,[88] whereas Forbes had ranked him 324th in the world (113th in the U.S.) with $4.5 billion just a few months earlier.[89] The discrepancies among these estimates and with Trump's own figures stem from the uncertain values of appraised property and of his personal brand.
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