Trump was born and raised in the New York City borough of Queens and received an economics degree from the Wharton School. He took charge of his family’s real estate business in 1971, renamed it The Trump Organization, and expanded it 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 managed the company until his 2017 inauguration. He co-authored several books, including The Art of the Deal. He owned the Miss Universe and Miss USA beauty pageants from 1996 to 2015, and he produced and hosted The Apprentice, a reality television show, from 2003 to 2015. Forbes estimates his net worth to be $3.1 billion.
Trump entered the 2016 presidential race as a Republican and defeated sixteen candidates in the primaries. Commentators described his political positions as populist, protectionist, and nationalist. He was elected president in a surprise victory over Democratic nomineeHillary Clinton, although he lost the popular vote.[b] He became the oldest and wealthiest person ever to assume the presidency, and the first without prior military or government service. His election and policies have sparked numerous protests. Trump has made many false or misleading statements during his campaign and presidency. The statements have been documented by fact-checkers, and the media have widely described the phenomenon as unprecedented in American politics. Many of his comments and actions have been characterized as racially charged or racist.
During his presidency, Trump ordered a travel ban on citizens from several Muslim-majority countries, citing security concerns; after legal challenges, the Supreme Court upheld the policy’s third revision. He enacted a tax cut package for individuals and businesses, which also rescinded the individual health insurance mandate and allowed oil drilling in the Arctic Refuge. He appointed Neil Gorsuch and Brett Kavanaugh to the Supreme Court. In foreign policy, Trump pursued his America First agenda, withdrawing the U.S. from the Trans-Pacific Partnership trade negotiations, the Paris Agreement on climate change, and the Iran nuclear deal. He recognized Jerusalem as the capital of Israel; imposed import tariffs on various goods, triggering a trade war with China; and started negotiations with North Korea seeking denuclearization.