Trump was born and raised in Queens, a borough of New York City, attended Fordham University for two years and received a bachelor's degree in economics from the Wharton School of the University of Pennsylvania. He became president of his father's real-estate business in 1971, renamed it The Trump Organization, and expanded its operations from Queens and Brooklyn into Manhattan. The company built or renovated skyscrapers, hotels, casinos, and golf courses. Trump later started various side ventures, mostly by licensing his name. He bought the Miss Universe brand of beauty pageants in 1996, and sold it in 2015. Trump and his businesses have been involved in more than 4,000 state and federal legal actions, including six bankruptcies. He produced and hosted The Apprentice, a reality television series, from 2003 to 2015. As of 2020, Forbes estimated his net worth to be $2.1 billion.
According to the Gallup Organization, Obama began his presidency with a 68% approval rating before gradually declining for the rest of the year, and eventually bottoming out at 41% in August 2010, a trend similar to Ronald Reagan's and Bill Clinton's first years in office. He experienced a small poll bounce shortly after the death of Osama bin Laden on May 2, 2011. This bounce lasted until around June 2011, when his approval numbers dropped back to where they were previously. His approval ratings rebounded around the same time as his reelection in 2012, with polls showing an average job approval of 52% shortly after his second inauguration. Despite approval ratings dropping to 39% in late-2013 due to the ACA roll-out, they climbed to 50% in January 2015 according to Gallup.
More InfoObama won Best Spoken Word Album Grammy Awards for abridged audiobook versions of Dreams from My Father in February 2006 and for The Audacity of Hope in February 2008. His concession speech after the New Hampshire primary was set to music by independent artists as the music video "Yes We Can," which was viewed 10 million times on YouTube in its first month and received a Daytime Emmy Award. In December 2008 and in 2012, Time magazine named Obama as its Person of the Year. The 2008 awarding was for his historic candidacy and election, which Time described as "the steady march of seemingly impossible accomplishments." On May 25, 2011, Obama became the first President of the United States to address both houses of the UK Parliament in Westminster Hall, London. This was only the fifth occurrence since the start of the 20th century of a head of state's being extended this invitation, following Charles de Gaulle in 1960, Nelson Mandela in 1996, Queen Elizabeth II in 2002 and Pope Benedict XVI in 2010.
More InfoOn October 1, 2009, the Obama administration went ahead with a Bush administration program increasing nuclear weapons production. The “Complex Modernization” initiative expanded two existing nuclear sites to produce new bomb parts. The administration built new plutonium pits at the Los Alamos lab in New Mexico and expanded enriched uranium processing at the Y-12 facility in Oak Ridge, Tennessee. In November 2013, the Obama administration opened negotiations with Iran to prevent it from acquiring nuclear weapons, which included an interim agreement. Negotiations took two years with numerous delays, with a deal being announced July 14, 2015. The deal, titled the "Joint Comprehensive Plan of Action," saw the removal of sanctions in exchange for measures that would prevent Iran from producing nuclear weapons. While Obama hailed the agreement as being a step towards a more hopeful world, the deal drew strong criticism from Republican and conservative quarters, and from Israeli prime minister Benjamin Netanyahu. In addition, the transfer of $1.7 billion in cash to Iran shortly after the deal was announced was criticized by the republican party. The Obama administration said that the payment in cash was because of the "effectiveness of U.S. and international sanctions." In order to advance the deal, the Obama administration shielded Hezbollah from the Drug Enforcement Administration's Project Cassandra investigation regarding drug smuggling and from the Central Intelligence Agency.On a sidenote, the very same year, in December 2015, Obama started a $348 billion worth program to back the biggest U.S. buildup of nuclear arms since Ronald Reagan left the White House.
More InfoBarack and Michelle Obama signed a deal on May 22, 2018 to produce docu-series, documentaries and features for Netflix under the Obamas' newly formed production company, Higher Ground Productions. On the deal, Michelle said "I have always believed in the power of storytelling to inspire us, to make us think differently about the world around us, and to help us open our minds and hearts to others." Higher Ground's first film, American Factory, won the Academy Award for Best Documentary Feature in 2020.
More InfoA package that contained a pipe bomb was sent to Obama's home in Washington, D.C, on October 24, 2018. The package was intercepted by the Secret Service during routine mail screenings. Similar packages were sent to several other Democratic leaders, mostly those who voiced strong objections to the policies of Donald Trump and to CNN. Debbie Wasserman Schultz was addressed as the sender of the package. On October 26, 2018, Cesar Sayoc was arrested and faced five federal charges in Manhattan carrying a combined maximum sentence of 48 years behind bars in relation to the pipe bombs. He was sentenced to a maximum of 20 years in prison on August 5, 2019.
More InfoWe don't show ads. Help us keep it that way.