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.
Donald Trump Posts $175 Million Bond To Appeal Civil Fraud Judgment — Update
deadline.comUPDATE: Donald Trump has secured a $175 million bond as his appeals a New York civil fraud judgment against himself, family members and his business empire.
According to a filing tonight. the bond came from the Knight Specialty Insurance Company in Los Angeles. Trump’s move will prevent New York Attorney General Letitia James from seizing his assets.
He originally was required to pay the $464 judgement against him in the civil fraud case, but an appeals court last week gave him 10 more days to post a reduced amount.
Last month, Judge Arthur Engoron ruled that Trump and his companies owed $464 million after earlier concluding that he had engaged in fraud by overstating the value of assets to secure more favorable terms from lenders.
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