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 repeatedly said $400,000,000 is a "very small amount of money" and confirmed he "probably" owes money to foreign entities.
The President's $400m of debt was revealed in leaked tax returns published last month by the New York Times. Asked about them at an NBC News town hall in Miami, Florida, the President said the vast sum was a "peanut", claiming he was "very under-leveraged" compared to his total net worth.
And President Trump railed against the Times, claiming they had acted illegally, that their figures were wrong, and that if they did have his tax returns, they should be "in jail." But asked about one major question hanging over his finances - whether he owes money to foreign entities, he said: "Not that I know of...I
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