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Donald Trump is an American entrepreneur, media personality, and politician, best known for serving as the 45th president of the United States.
Donald Trump was born on June 14, 1946, in Queens, New York City. He is the fourth of five children born to Frederick C. Trump and Mary Anne MacLeod Trump. His father was a successful real estate developer known for building middle-income apartments in New York's outer boroughs. His mother immigrated from Scotland and became a U.S. citizen in 1942.
Trump married his first wife, Ivana Trump, in 1977. Ivana was a former model who had competed as a skier in Czechoslovakia. Following the birth of their first child, Donald Trump Jr., in 1977, Ivana took on a significant role within the Trump Organization, overseeing projects like the renovation of the Commodore Hotel and the Plaza Hotel.
The couple had two more children: Ivanka Trump, born in 1981, and Eric Trump, born in 1984. After a high-profile public split, they divorced in 1992. Trump married actress Marla Maples in 1993, and they had one daughter, Tiffany Trump, born the same year. That marriage ended in divorce in 1999.
In 2005, Trump married Melania Knauss, a former Slovenian model. Following his election in 2016, she served as First Lady of the United States during his presidency.
Donald Trump became widely recognized in the 1980s as a prominent real estate developer. He gained national attention by redeveloping the Grand Hyatt New York, a project that elevated his public profile. Over the years, he expanded his business interests to include hotels, golf resorts, and branding ventures under the Trump name.
In 2004, he became host and executive producer of NBC's reality television show The Apprentice, further cementing his reputation as a media personality. The show's success played a role in maintaining his public visibility and brand appeal well into the 2010s.
In June 2015, Donald Trump announced his candidacy for President of the United States as a Republican. He secured the Republican nomination in July 2016 and went on to defeat Democratic nominee Hillary Clinton in the November general election, becoming the 45th U.S. president in January 2017.
Trump’s presidency was marked by significant policy changes in areas such as immigration, trade, and taxation. His administration also appointed three justices to the Supreme Court, a move that had lasting effects on American jurisprudence.
Prior to the COVID-19 pandemic, President Trump’s strongest political asset was a growing economy, characterized by low unemployment and rising consumer confidence. However, the pandemic led to a sharp economic downturn in early 2020, causing record unemployment and a significant drop in GDP. Consumer spending fell markedly, undermining confidence in the administration’s economic leadership.
Oxford Economics released a predictive model in May 2020, indicating that the economic downturn could result in a substantial electoral defeat for Trump. Based on metrics like unemployment, inflation, and real disposable income, the model projected he would win only around 35% of the popular vote—an estimate that sharply contrasted with pre-pandemic projections where he had been predicted to receive about 55%.
Donald Trump’s net worth has fluctuated significantly over the years due to his diverse business ventures, varied financial disclosures, and challenges such as bankruptcies related to some casino properties. While he has often claimed a multi-billion-dollar valuation, independent estimates, including those by Forbes, have consistently placed his net worth in the range of $2-3 billion during his presidency, largely derived from real estate holdings and licensing deals under the Trump brand.
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