Donald John Trump was born on June 14, 1946, at Jamaica Hospital in the New York City borough of Queens, the fourth child of Fred Trump and Mary Anne MacLeod Trump. He is of German and Scottish descent. He grew up with his older siblings, Maryanne, Fred Jr., and Elizabeth, and his younger brother, Robert, in a mansion in the Jamaica Estates neighborhood of Queens.[3] By age eight, he was a millionaire in 2024 dollars.[a]
Trump attended the private Kew-Forest School through seventh grade. He was confirmed in the Presbyterian Church.[5] He was a difficult child and showed an early interest in his father's business. His father enrolled him in New York Military Academy, a private boarding school, to complete secondary school. Trump considered a show business career but instead in 1964 enrolled at Fordham University. Two years later, he transferred to the Wharton School
of the University of Pennsylvania, graduating in May 1968 with a Bachelor of Science in economics. He was exempted from the draft during the Vietnam War due to bone spurs in his heels.[8]
Starting in 1968, Trump was employed at his father's real estate company, Trump Management, which owned racially segregated middle-class rental housing in New York City's outer boroughs.[9][10] In 1971, his father made him president of the company and he began using the Trump Organization as an umbrella brand. Roy Cohn was Trump's fixer, lawyer, and mentor for 13 years in the 1970s and 1980s.[12] In 1973, Cohn helped Trump countersue the U.S. government for $100 million (equivalent to $686 million in 2023)[13] over its charges that Trump's properties had racial discriminatory practices. Trump's counterclaims were dismissed, and the government's case was settled with the Trumps signing a consent decree agreeing to desegregate.[14] Helping Trump projects, Cohn was a consigliere whose Mafia connections controlled construction unions. Cohn introduced political consultant Roger Stone to Trump, who enlisted Stone's services to deal with the federal government.[16] Between 1991 and 2009, he filed for Chapter 11 bankruptcy protection for six of his businesses: the Plaza Hotel in Manhattan, the casinos in Atlantic City, New Jersey, and the Trump Hotels & Casino Resorts company.[17]
In 1992, Trump, his siblings Maryanne, Elizabeth, and Robert, and his cousin John W. Walter, each with a 20 percent share, formed All County Building Supply & Maintenance Corp. The company had no offices and is alleged to have been a shell company for paying the vendors providing services and supplies for Trump's rental units, then billing those services and supplies to Trump Management with markups of 20–50 percent and more. The owners shared the proceeds generated by the markups. The increased costs were used to get state approval for increasing the rents of his rent-stabilized units.[1
The Donald J. Trump Foundation was a private foundation established in 1988.[62] From 1987 to 2006, Trump gave his foundation $5.4 million which had been spent by the end of 2006. After donating a total of $65,000 in 2007–2008, he stopped donating any personal funds to the charity,[63] which received millions from other donors, including $5 million from Vince McMahon.[64] The foundation gave to health- and sports-related charities, conservative groups,[65] and charities that held events at Trump properties.[63] In 2016, The Washington Post reported that the charity committed several potential legal and ethical violations, including alleged self-dealing and possible tax evasion.[66] Also in 2016, the New York attorney general determined the foundation to be in violation of state law, for soliciting donations without submitting to required annual external audits, and ordered it to cease its fundraising activities in New York immediately.[67] Trump's team announced in December 2016 that the foundation would be dissolved.[68] In June 2018, the New York attorney general's office filed a civil suit against the foundation, Trump, and his adult children, seeking $2.8 million in restitution and additional penalties.[69] In December 2018, the foundation ceased operation and disbursed its assets to other charities.[70] In November 2019, a New York state judge ordered Trump to pay $2 million to a group of charities for misusing the foundation's funds, in part to finance his presidential campaign.[71]
President Trump was a past president of the Rotary Club of New York City, New York.