Donald John Trump is an American businessman, television producer, and politician who won the American Presidential election and he is the President-elect of the United States, scheduled to take office as the 45th president under the 20th amendment on January 20, 2017; he holds the distinction as the oldest man ever elected to the presidency.
The Republican Party’s nominee for president in the 2016 election, he defeated Hillary Clinton in the general election on November 8, 2016.
He is the chairman and president of The Trump Organization, which is the principal holding company for his real estate ventures and other business interests, a position he is set to vacate prior to his assumption of the presidency.
During his career, Trump has built office towers, hotels, casinos, golf courses, and other branded facilities worldwide.
Trump was born and raised in New York City and received a bachelor’s degree in economics from the Wharton School of the University of Pennsylvania in 1968. In 1971 he was given control of his father Fred Trump’s real estate and construction firm and later renamed it The Trump Organization, rising to public prominence shortly thereafter.
Trump has appeared at the Miss USA pageants, which he owned from 1996 to 2015, and has made cameo appearances in films and television series. He sought the Reform Party presidential nomination in 2000, but withdrew before voting began. He hosted and co-produced The Apprentice, a reality television series on NBC, from 2004 to 2015. As of 2016, he was listed by Forbes as the 324th wealthiest person in the world, and 156th in the United States.
Trump was born on June 14, 1946, in Jamaica Estates, Queens, a neighborhood in New York City.
He was the second youngest child of five children. Of his four siblings, three are living: Maryanne, Elizabeth, and Robert. Trump’s older brother Fred Jr. died in 1981 from alcoholism, which Trump says led him to avoid trying alcohol or cigarettes.
Trump is of German ancestry on his father’s side and Scottish ancestry on his mother’s side; all four of his grandparents were born in Europe. His father Fred Trump (1905–1999) was born in Queens to parents from Kallstadt, Germany and became one of the biggest real estate developers in New York City.
His mother, Mary Trump (née MacLeod, 1912–2000), was born in Tong, Lewis, Scotland.
Fred and Mary met in New York and married in 1936, settling together in Queens.
His uncle John G. Trump, a professor at Massachusetts Institute of Technology from 1936 to 1973, was involved in radar research for the Allies in the Second World War, helped design X-ray machines that provided additional years of life to cancer patients, and in 1943, the Federal Bureau of Investigation requested him to examine Nikola Tesla’s papers and equipment when Tesla died in his room at the New Yorker Hotel.
Trump frequently invokes his uncle as proof of his family’s smart genes.
Drumpf, the family’s ancestral name evolved to Trump during the Thirty Years’ War in the 17th century.
Trump has said that he is proud of his German heritage; he served as grand marshal of the 1999 German-American Steuben Parade in New York City.
The family had a two-story Tudor Revival home on Wareham Place in Jamaica Estates, where Trump lived while attending the Kew-Forest School.
Due to behavior problems, Trump left the school at age 13 and was enrolled in the New York Military Academy (NYMA), where he finished eighth grade and high school. In 1983, Fred Trump told an interviewer that Donald “was a pretty rough fellow when he was small.”
During his senior year, Trump participated in marching drills, wore a uniform, and attained the rank of captain.
In 2015, he told a biographer that NYMA gave him “more training militarily than a lot of the guys that go into the military”.
Trump attended Fordham University in the Bronx for two years, beginning in August 1964.
He then transferred to the Wharton School of Finance and Commerce at the University of Pennsylvania, which offered one of the few real estate studies departments in United States academia.
While there, he worked at the family’s company, Elizabeth Trump & Son, named for his paternal grandmother.
Trump graduated from Wharton in May 1968 with a Bachelor of Science in Economics.
Trump was not drafted during the Vietnam War.
While in college from 1964 to 1968, he obtained four student deferments.
In 1966, he was deemed fit for service based upon a military medical examination, and in 1968 was briefly classified as fit by a local draft board, but was given a 1-Y medical deferment in October 1968.
In an interview for a 2015 biography, Trump attributed his medical deferment to heel spurs.
In December 1969 Trump received a high number in the draft lottery, which would also have exempted him from service
Prior to graduating from college, Trump began his real estate career at his father’s company, Elizabeth Trump and Son, which focused on middle-class rental housing in the New York City boroughs of Brooklyn, Queens, and Staten Island. During his undergraduate study, one of Trump’s first projects was the revitalization of the foreclosed Swifton Village apartment complex in Cincinnati, Ohio, which his father had purchased for $5.7 million in 1962.
Fred and Donald Trump became involved in the project, and with a $500,000 investment, turned the 1,200-unit complex’s occupancy rate from 34% to 100%.
Trump has said that when he graduated from college in 1968, he was worth about $200,000 (equivalent to $1,020,000 in 2015).
In 1972, the Trump Organization sold Swifton Village for $6.75 million.
At age 23, he made an unsuccessful commercial foray into show business, investing $70,000 to become co-producer of the 1970 Broadway comedy Paris Is Out!.
hroughout his campaign – and especially in his acceptance speech at the Republican National Convention in July – Trump described a dark America that had been knocked to its knees by China, Mexico, Russia and Islamic State. The American dream was dead, he said, smothered by malevolent business interests and corrupt politicians, and he alone could revive it.
He offered vague plans to win economic concessions from China, to build a wall on the southern U.S. border with Mexico to keep out undocumented immigrants and to pay for it with tax money sent home by migrants.
The Mexican peso plunged to its lowest-ever levels. The peso had become a touchstone for sentiment on the election as Trump threatened to rip up a free trade agreement with Mexico.
His triumph was a rebuke to President Barack Obama, a Democrat who spent weeks flying around the country to campaign against him. Obama will hand over the office to Trump after serving the maximum eight years allowed by law.
Trump promises to push Congress to repeal Obama’s troubled healthcare plan and to reverse his Clean Power Plan. He plans to create jobs by relying on U.S. fossil fuels such as oil and gas.