In 1984, Trump opened Harrah's at Trump Plaza hotel and casino in Atlantic City, New Jersey, with financing from the Holiday Corporation, who also managed the operation. Gambling had been legalized there in 1977 in an effort to revitalize the once-popular seaside destination. The property's poor financial results worsened tensions between Holiday and Trump, who paid Holiday $70 million in May 1986 to take sole control of the property. Earlier, Trump had also acquired a partially completed building in Atlantic City from the Hilton Corporation for $320 million. Upon its completion in 1985, that hotel and casino was called Trump Castle. Trump's then-wife Ivana managed it until 1988.
Trump was born on June 14, 1946, at Jamaica Hospital in the borough of Queens, New York City. His father was Frederick Christ Trump, a Bronx-born real estate developer whose parents were German immigrants. His mother was Scottish-born housewife Mary Anne MacLeod Trump. Trump grew up in the Jamaica Estates neighborhood of Queens and attended the Kew-Forest School from kindergarten through seventh grade. At age 13, he was enrolled in the New York Military Academy, a private boarding school.In 1964, he enrolled at Fordham University. Two years later he transferred to the Wharton School of the University of Pennsylvania. While at Wharton, he worked at the family business, Elizabeth Trump & Son. He graduated in May 1968 with a B.S. in economics. Profiles of Trump published in The New York Times in 1973 and 1976 erroneously reported that he had graduated first in his class at Wharton, but he had never made the school's honor roll. In 2015, Trump's lawyer Michael Cohen threatened Fordham University and the New York Military Academy with legal action if they released Trump's academic records.More Info
Fred 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 Info
A special counsel investigation led by Robert Mueller found that Trump and his campaign welcomed and encouraged Russian interference in the 2016 presidential election under the belief that it would be politically advantageous, but did not find sufficient evidence to press charges of criminal conspiracy or coordination with Russia. Mueller also investigated Trump for obstruction of justice, and his report neither indicted nor exonerated Trump on that offense. After Trump solicited the investigation by Ukraine of a political rival (Joe Biden, who later became his presumptive Democratic opponent in the 2020 presidential election), the House of Representatives impeached him in December 2019 for abuse of power and obstruction of Congress. The Senate acquitted him of both charges in February 2020.More Info
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."More Info
In 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 Info
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