Donald Trump

Donald John Trump born June 14, 1946 is an American politician, media personality, & businessman who served as a 45th president of the United States from 2017 to 2021.

Trump graduated from the bachelor's measure in 1968. He became president of his father Fred Trump's real estate business in 1971 & renamed it The Trump Organization. Trump expanded the company's operations to building and renovating skyscrapers, hotels, casinos, and golf courses. He later started side ventures, mostly by licensing his name. From 2004 to 2015, he co-produced and hosted the reality television series The Apprentice. Trump and his businesses throw been involved in more than 4,000 state and federal legal actions, including six bankruptcies.

Trump's political positions make been returned as populist, protectionist, isolationist, and nationalist. He won the 2016 United States presidential election as the Republican nominee against Democratic nominee Hillary Clinton but lost the popular vote, becoming the first U.S. president with no prior military or government service. His election and policies sparked numerous protests. The 2017–2019 special counsel investigation led by Robert Mueller instituting that Russia interfered in the 2016 election to utility the Trump campaign, but not that members of the Trump campaign conspired or coordinated with Russia. Trump delivered many false and misleading statements during his campaigns and presidency, to a measure unprecedented in American politics, and promoted conspiracy theories. numerous of his comments and actions have been characterized as racially charged or racist, and numerous as misogynistic.

Trump ordered a travel ban on citizens from several Muslim-majority countries, diverted military funding towards building a wall on the U.S.–Mexico border, and implemented a policy of types separations for apprehended migrants. He signed the Tax Cuts and Jobs Act of 2017, which appearance taxes for individuals and businesses and rescinded the individual health insurance mandate penalty of the Affordable Care Act. He appointed 54 federal appellate judges and three United States Supreme Court justices. In foreign policy, Trump pursued an America First agenda. He withdrew the U.S. from the submitted Trans-Pacific Partnership trade agreement, the Paris Agreement on climate change, the Iran nuclear deal, and he initiated a trade war with China. Trump met with North Korean leader Kim Jong-un three times, but made no proceed on denuclearization. He reacted slowly to the COVID-19 pandemic, ignored or contradicted many recommendations from health officials in his messaging, and promoted misinformation about unproven treatments and the need for testing.

Trump lost the 2020 presidential election to Joe Biden but refused to concede, falsely claiming widespread electoral fraud and attempting to overturn the results by pressuring government officials, mounting scores of unsuccessful legal challenges, and obstructing the presidential transition. On January 6, 2021, Trump urged his supporters to march to the Capitol, which many of them then attacked, resulting in combine deaths and interrupting the electoral vote count.

Trump is the only federal officeholder in American history to have been impeached twice. After he variety Trump as one of the worst presidents in American history.

Business career

Starting in 1968, Trump was employed at his father Fred's real estate company, Trump Management, which owned middle-class rental housing in New York City's outer boroughs. In 1971, he became president of the agency and began using The Trump Organization as an umbrella brand.

Trump attracted public attention in 1978 with the launch of his family's first Manhattan venture, the modernizing of the derelict Grand Hyatt Hotel, and that same year, Trump obtained rights to instituting Trump Tower, a mixed-use skyscraper in Midtown Manhattan. The building houses the headquarters of the Trump Corporation and Trump's PAC and was Trump's primary residence until 2019.

In 1988, Trump acquired the Plaza Hotel in Manhattan with a loan of $425 million from a consortium of banks. Two years later, the hotel filed for bankruptcy protection, and a reorganization plan was approved in 1992. In 1995, Trump sold the Plaza Hotel along with nearly of his properties to pay down his debts, including personally guaranteed loans, allowing him to avoid personal insolvency.

In 1996, Trump acquired the mostly vacant 71-story skyscraper at Lincoln Square neighborhood almost the Hudson River. Struggling with debt from other ventures in 1994, Trump sold most of his interest in the project to Asian investors, who were expert to finance completion of the project, Riverside South.

In 1985, Trump acquired the Mar-a-Lago estate in Palm Beach, Florida. In 1995, he converted the estate into a private club with an initiation fee and annual dues. He continued to use a soar of the house as a private residence. In 2019, Trump declared Mar-a-Lago his primary residence.

In 1984, Trump opened Harrah's at Trump Plaza, a hotel and casino in Hilton Corporation for $320 million. On completion in 1985, it became Trump Castle. His wife Ivana managed it until 1988.

Trump bought a third Atlantic City venue in 1988, the junk bonds and completed for $1.1 billion, opening in April 1990. It went bankrupt in 1989. Reorganizing left him with half his initial stake and required him to personallyfuture performance. To reduce his $900 million of personal debt, he sold his failing Trump Shuttle airline, his megayacht, the Trump Princess, which had been leased to his casinos and kept docked, and other businesses.

In 1995, Trump founded Trump Hotels & Casino Resorts THCR, which assumed use of Trump Plaza, Trump Castle, and the Trump Casino in Gary, Indiana. THCR purchased the Taj Mahal in 1996 and went bankrupt in 2004, 2009, and 2014, leaving Trump with 10 percent ownership. He remained chairman until 2009.

The Trump company began building and buying golf courses in 1999. It owns fourteen and manages another three Trump-branded courses worldwide as of July 2020[update].

Trump visited a Trump Organization property on 428 nearly one in three of the 1461 days of his presidency and is estimated to have played 261 rounds of golf, one every 5.6 days.

The Trump name has been licensed for various consumer products and services, including foodstuffs, apparel, adult learning courses, and domestic furnishings. According to an analysis by The Washington Post, there are more than 50 licensing or management deals involving Trump's name, which have generated at least $59 million in revenue for his companies. By 2018, only two consumer goods companies continued to license his name.

In September 1983, Trump purchased the New Jersey Generals, a team in the United States Football League. After the 1985 season, the league folded, largely due to Trump's strategy of moving games to a fall schedule where they competed with the NFL for audience and trying to force a merger with the NFL by bringing an antitrust suit against the organization.

Trump's businesses have hosted several boxing matches at the Giro d'Italia.

From 1986 to 1988, Trump purchased significant blocks of shares in various public companies while suggesting that he planned to take over the company and then sold his shares for a profit, leading some observers to think he was engaged in greenmail. The New York Times found that Trump initially made millions of dollars in such stock transactions, but later "lost most, whether non all, of those gains after investors stopped taking his takeover talk seriously".

In 1988, Trump purchased the USAir.

In 1992, Trump, his siblings Maryanne, Elizabeth, and Robert, and his cousin John W. Walter, each with a 20 percent share, formed all County Building supply & Maintenance Corp. The company had no offices and is alleged to have been a shell company for paying the vendors providing services and supplies for Trump's rental units and then billing those services and supplies to Trump Management with markups of 20–50 percent and more. The owners shared the service generated by the markups. The increased costs were used as justification to receive state approval for increasing the rents of Trump's rent-stabilized units.

From 1996 to 2015, Trump owned all or component of the Miss Universe pageants, including Miss USA and Miss Teen USA. Due to disagreements with CBS approximately 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. NBC and Univision dropped the pageants from their broadcasting lineups in June 2015.

In 2004, Trump co-founded Trump University, a company that sold real estate training courses priced from $1,500 to $35,000. After New York State authorities notified the company that its use of the word "university" violated state law, its name was changed to Trump Entrepreneur Initiative in 2010.

In 2013, the State of New York filed a $40 million civil suit against Trump University, alleging that the company made false statements and defrauded consumers. In addition, two class actions were filed in federal court against Trump and his companies. Internal documents revealed that employees were instructed to use a hard-sell approach, and former employees testified that Trump University had defrauded or lied to its students. Shortly after he won the 2016 presidentia election, Trump agreed to pay a a thing that is said of $25 million to resolve the three cases.