Donald Trump net worth $2 Billion
Donald John Trump (born June 14, 1946 in Queens, New York) is an American businessman, television personality and Republican politician who was the 45th President of the United States in the period 2017-2021.
Trump took office as president on January 20, 2017, after winning the November 8, 2016 presidential election over Democratic opponent Hillary Clinton. In the 2020 presidential election, Donald Trump became the 11th president in American history who was not re-elected. Donald Trump and his Vice President Mike Pence lost to Democratic presidential candidate Joe Biden and Vice Presidential candidate Kamala Harris in the November 3, 2020 election.
Trump was born and raised in Queens, a borough of New York City. He graduated with a bachelor’s degree in economics from Wharton School in 1968, and then began working for his father’s real estate business. He was given responsibility for the same company in 1971, where he expanded the company’s operations to include the Manhattan borough, as well as renaming the company the Trump Organization. The company has i.a. engaged in operating, renovating and constructing apartment complexes, skyscrapers, hotels, casinos and golf courses. The company has thus i.a. built and operates today the skyscrapers Trump Tower and Trump World Tower in Manhattan, New York City. In 2020, Forbes estimated that Trump’s net worth was $ 2.1 billion.
Since the 1970s, Trump has established himself as a well-known media personality who has often made a name for himself in public space. Thus, Trump has i.a. participated in several talk shows, just as he has regularly participated in various major media events and interviews. As a result, Trump has also been able to pursue various side businesses, which have typically relied on licensing his name and marketing other products using his name. Examples of such side shops include Trump Shuttle, Trump Vodka, Trump Steaks, Trump Mortgage, GoTrump.com and Trump University. Furthermore, from 1996 to 2015, Trump owned the beauty pageant Miss Universe. However, Trump became seriously known to the American people when, between 2003 and 2015, he produced and hosted the popular reality TV series The Apprentice.
On June 16, 2015, Trump announced his candidacy as a Republican presidential candidate. His political platform has been described as populist, protectionist and nationalist. Despite various controversies, Trump quickly established himself as the frontrunner in the Republican Party, which also resulted in him on July 19, 2016 being formally – in conjunction with the Republican National Party Convention – being named the Republican presidential candidate. Despite not being favored in most nationwide forecasts and polls, on November 8, 2016, he managed to beat Democratic presidential candidate Hillary Clinton. At the time, he was the oldest U.S. president to be elected to his first term (since surpassed by Joe Biden), just as he was the first without prior military or other government service.
His presidency has been marked by several controversies, including the so-called Mueller study (2017-2019), two state trials, his handling of the Coronavirus pandemic in 2019-2020 and the Storm at the United States Capitol 2021. Several of Trump’s statements have also been the subject of much controversy. debate and outrage, including Trump’s private Twitter profile in particular has been the subject of various controversies. In this regard, Trump has in particular used Twitter and other social media to communicate directly with the outside world and his followers. Although other presidents, heads of state, and politicians have also used various social media to communicate, Trump’s use of these media has stood out both in terms of frequency and content. Thus, Trump has i.a. shared and advanced various undocumented allegations and conspiracy theories on Twitter, just as he has also advanced several personal attacks on political opponents. In response to the storm at the United States Capitol 2021, most social media, including Twitter, chose to ban Trump’s profiles, as these social media believed that Trump had violated their internal guidelines by e.g. to encourage violence.
Domestically, in 2017, Trump implemented a comprehensive tax reform (so-called “Tax Cuts and Jobs Act of 2017”), which i.a. resulted in the corporation tax in the United States being reduced from 35% to 21%. Likewise, many of the Trump administration’s business-friendly initiatives were expressed through greater deregulation. Trump pursued a tighter immigration policy, which i.a. expressed in his zero-tolerance policy, Travel Ban (entry ban to the United States for certain nationalities) as well as his persistent focus on building a border wall along the border with Mexico. In December 2018, he implemented a major prison reform (so-called “First Step Act”), which i.a. had to go