In 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."
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.
More InfoOn May 16, 2020, Obama delivered two commencement speeches on behalf of the graduating youth who were not able to go to their physical graduation ceremonies due to the COVID 19 pandemic. His first speech was for part of the video streamed online program, “Show Me Your Walk H.B.C.U. Edition” virtual commencement. In his address, he spoke about systemic racism, touching on both the coronavirus pandemic, the shooting death of Ahmaud Arbery, and the fight to stay politically active saying, "The fight for equality and justice begins with awareness, empathy, passion, even righteous anger. Don't just activate yourself online, change requires strategy, action, organizing, marching, and voting in the real world like never before". His next commencement address was a part of a nationally televised event, titled Graduate Together: America Honors the High School Class of 2020 which aired on NBC.
More InfoIn 1977, Trump married Czech model Ivana Zelníčková. They have three children, Donald Jr. (born 1977), Ivanka (born 1981), and Eric (born 1984), and ten grandchildren. Ivana became a naturalized United States citizen in 1988. The couple divorced in 1992, following Trump's affair with actress Marla Maples. Maples and Trump married in 1993 and had one daughter, Tiffany (born 1993). They were divorced in 1999, and Tiffany was raised by Marla in California. In 2005, Trump married Slovenian model Melania Knauss. They have one son, Barron (born 2006). Melania gained U.S. citizenship in 2006.
More InfoFred Trump started working in real estate with his mother Elizabeth when he was 15, after his father Friedrich had died in the 1918 flu pandemic. By 1926, their company, "E. Trump & Son", was active in the New York boroughs of Queens and Brooklyn. It would grow to build and sell tens of thousands of houses, barracks, and apartments. Fred claimed to be Swedish amid the anti-German sentiment sparked by World War II; Donald Trump also claimed Swedish heritage until 1990. Trump's mother Mary Anne MacLeod was born in Scotland. Fred and Mary were married in 1936 and raised their family in Queens. Trump grew up with three elder siblings – Maryanne, Fred Jr., and Elizabeth – and younger brother Robert.
More InfoObama's most significant legacy is generally considered to be the Patient Protection and Affordable Care Act (PPACA), provisions of which went into effect from 2010 to 2020. Many attempts by Senate Republicans to repeal the PPACA, including a "skinny repeal," have thus far failed. Together with the Health Care and Education Reconciliation Act amendment, it represents the U.S. healthcare system's most significant regulatory overhaul and expansion of coverage since the passage of Medicare and Medicaid in 1965.
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