Donald John Trump (born June 14, 1946) is the 45th and current president of the United States. Before entering politics, he was a businessman and television personality. Trump was born and raised in the New York City borough of Queens, and received a bachelor's degree in economics from the Wharton School. He took charge of his family's real-estate business in 1971, renamed it The Trump Organization, and expanded its operations 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 owned the Miss Universe and Miss USA beauty pageants from 1996 to 2015, and produced and hosted The Apprentice, a reality television show, from 2003 to 2015. Forbes estimates his net worth to be $3.1 billion.
Revelations that President Donald Trump is personally liable for more than $400 million in debt are casting a shadow over his presidency that ethics experts say raises national security concerns he could be manipulated to sway U.S.
policy by organizations or individuals he’s indebted to. New scrutiny of Trump, who claims great success as a private businessman, comes after The New York Times reported that tax records show he is personally carrying a staggering amount of debt -- including more than $300 million in loans that will come due in the next four years.
Sen. Elizabeth Warren, D-Mass., was blunt about the potential implications. “He may be vulnerable to financial blackmail from a hostile foreign power and God knows what else,” said.
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