Editing Donald Trump (section)

==Biography==
Trump was born on June 14, 1946, in Queens, New York. He was an energetic, assertive child. In the 1950s, the Trumps’ wealth increased with the postwar real estate boom. Trump was raised Presbyterian by his mother, and he identifies as a mainline Protestant.

At age 13, Trump’s parents sent him to the New York Military Academy, hoping the discipline of the school would channel his energy in a positive manner. He did well at the academy, both socially and academically, rising to become a star athlete and student leader by the time he graduated in 1964.

Trump entered Fordham University in 1964. He transferred to the Wharton School of Finance at the University of Pennsylvania two years later and graduated in 1968 with a degree in economics.

During his years at college, Trump worked at his father’s real estate business during the summer. He also secured education deferments for the draft for the [[Vietnam War]] and ultimately a 1-Y medical deferment after he graduated.

Trump followed his father into a career in real estate development, bringing his grander ambitions to the family business. Trump’s business ventures include The Trump Organization, Trump Tower, casinos in Atlantic City and television franchises like ''The Apprentice'' and Miss Universe. Trump has business deals with the Javits Center and the Grand Hyatt New York, as well as other real estate ventures in New York City, Florida and Los Angeles. 

Federal income disclosure forms Trump filed in 2017 list Trump's golf courses, including Trump National Doral and Mar-a-Lago in Florida, as earning about half of his income. Other financial ventures include aircraft, merchandise and royalties from his two books, ''The Art of the Deal'' and ''Crippled America: How to Make America Great Again''.

Over the years, Trump’s net worth have been a subject of public debate. Because Trump has not publicly released his tax returns, it’s not possible to definitively determine his wealth in the past or today. However, Trump valued his businesses at least $1.37 billion on his 2017 federal financial disclosure form, published by the Office of Government Ethics. Trump’s 2018 disclosure form put his revenue for the year at a minimum of $434 million from all sources.

In 1990, Trump asserted his own net worth in the neighborhood of $1.5 billion. At the time, the real estate market was in decline, reducing the value of and income from Trump's empire. The Trump Organization required a massive infusion of loans to keep it from collapsing, a situation that raised questions as to whether the corporation could survive bankruptcy. Some observers saw Trump's decline as symbolic of many of the business, economic and social excesses that had arisen in the 1980s.

A May 2019 investigation by ''The New York Times'' of 10 years of Trump’s tax information found that between 1985 and 1994, his businesses lost money every year. The newspaper calculated that Trump’s businesses suffered $1.17 billion in losses over the decade.

Trump later defended himself on Twitter, calling the Times’ report “a highly inaccurate Fake News hit job!” He tweeted that he reported “losses for tax purposes,” and that doing so was a “sport” among real estate developers.

In 1973, the federal government filed a complaint against Trump, his father and their company alleging that they had discriminated against tenants and potential tenants based on their race, a violation of the Fair Housing Act, which is part of the Civil Rights Act of 1968.

After a lengthy legal battle, the case was settled in 1975. As part of the agreement, the Trump company had to train employees about the Fair Housing Act and inform the community about its fair housing practices.

Trump wrote about the resolution of the case in his 1987 memoir Art of the Deal: "In the end, the government couldn’t prove its case, and we ended up taking a minor settlement without admitting any guilt."

In 2005, Trump launched his for-profit Trump University, offering classes in real estate and acquiring and managing wealth. The venture had been under scrutiny almost since its inception and at the time of his 2015 presidential bid, it remained the subject of multiple lawsuits.

In the cases, claimants accused Trump of fraud, false advertising and breach of contract. Controversy about the suits made headlines when Trump suggested that U.S. District Court Judge Gonzalo Curiel could not be impartial in overseeing two class action cases because of his Mexican heritage.

On November 18, 2016, Trump, who had previously vowed to take the matter to trial, settled three of the lawsuits for $25 million without admission of liability. In a statement from New York Attorney General [[Eric Schneiderman]], he called the settlement, “a stunning reversal by Trump and a major victory for the over 6,000 victims of his fraudulent university.”

Later, in a separate incident related to Trump University, it was reported that Florida Attorney General Pam Bondi decided not to join the existing New York fraud lawsuit. This came just days after she had received a sizable campaign donation from the Donald J. Trump Foundation, which was founded in 1988 as a private charity organization designed to make donations to nonprofit groups. In November 2016, it was reported that Bondi's name was on Trump's list as a possible U.S. Attorney General contender.

As a result of the improper donation to Bondi's campaign, Trump was required to pay the IRS a penalty and his foundation came under scrutiny about the use of its funds for non-charitable activities. According to tax records, The Trump Foundation itself was found to have received no charitable gifts from Trump since 2008, and that all donations since that time had come from outside contributors.

In fall 2019, after Trump admitted to misusing money raised by his foundation to promote his presidential campaign and settle debts, he was ordered to pay $2 million in damages, and the foundation was forced to shutter its doors.