Trump rejects the scientific consensus on climate change. Since his election Trump has made large budget cuts to programs that research renewable energy and has rolled back Obama-era policies directed at curbing climate change. In June 2017, Trump announced the withdrawal of the United States from the Paris Agreement, making the U.S. the only nation in the world to not ratify the agreement. At the 2019 G7 summit, Trump skipped the sessions on climate change but said afterward during a press conference that he is an environmentalist.
Fact-checking organizations have denounced Trump for making a record number of false statements compared to other candidates. At least four major publications – Politico, The Washington Post, The New York Times, and the Los Angeles Times – have pointed out lies or falsehoods in his campaign statements, with the Los Angeles Times saying, "Never in modern presidential politics has a major candidate made false statements as routinely as Trump has." NPR said Trump's campaign statements were often opaque or suggestive.
More InfoFrom 1996 to 2015, Trump owned all or part of the Miss Universe pageants, including Miss USA and Miss Teen USA. Due to disagreements with CBS about scheduling, he took both pageants to NBC in 2002. In 2007, Trump received a star on the Hollywood Walk of Fame for his work as producer of Miss Universe. After NBC and Univision dropped the pageants from their broadcasting lineups in June 2015, Trump bought NBC's share of the Miss Universe Organization and sold the entire company to the William Morris talent agency.
More InfoIn 1982, Trump was listed on the initial Forbes list of wealthy individuals as having a share of his family's estimated $200 million net worth. His financial losses in the 1980s caused him to be dropped from the list between 1990 and 1995. In its 2020 billionaires ranking, Forbes estimated Trump's net worth at $2.1 billion (1,001st in the world, 275th in the U.S.) making him one of the richest politicians in American history and the first billionaire American president. During the three years since Trump announced his presidential run in 2015, Forbes estimated his net worth declined 31% and his ranking fell 138 spots. When he filed mandatory financial disclosure forms with the Federal Elections Commission (FEC) in July 2015, Trump claimed a net worth of about $10 billion; however, FEC figures cannot corroborate this estimate because they only show each of his largest buildings as being worth over $50 million, yielding total assets worth more than $1.4 billion and debt over $265 million. Trump said in a 2007 deposition, "My net worth fluctuates, and it goes up and down with markets and with attitudes and with feelings, even my own feelings."
More InfoTrump acquired a third casino in Atlantic City, the Taj Mahal, in 1988 in a highly leveraged transaction. It was financed with $675 million in junk bonds and completed at a cost of $1.1 billion, opening in April 1990. The project went bankrupt the following year, and the reorganization left Trump with only half his initial ownership stake and required him to pledge personal guarantees of future performance. Facing "enormous debt", he gave up control of his money-losing airline, Trump Shuttle, and sold his 282-foot (86 m) mega yacht, the Trump Princess, which had been indefinitely docked in Atlantic City while leased to his casinos for use by wealthy gamblers.
More InfoTrump acquired a third casino in Atlantic City, the Taj Mahal, in 1988 in a highly leveraged transaction. It was financed with $675 million in junk bonds and completed at a cost of $1.1 billion, opening in April 1990. The project went bankrupt the following year, and the reorganization left Trump with only half his initial ownership stake and required him to pledge personal guarantees of future performance. Facing "enormous debt", he gave up control of his money-losing airline, Trump Shuttle, and sold his 282-foot (86 m) mega yacht, the Trump Princess, which had been indefinitely docked in Atlantic City while leased to his casinos for use by wealthy gamblers.
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