Donald John Trump (born June 14, 1946) is the 45th and current president of the United States. In its 2020 billionaires ranking, Forbes estimated Trump's net worth at $2.1 billion (1,001st in the world, 275th in the U.S.) making him one of the richest politicians in American history and the first billionaire American president. During the three years since Trump announced his presidential run in 2015, Forbes estimated his net worth declined 31% and his ranking fell 138 spots. Trump said in a 2007 deposition, 'My net worth fluctuates, and it goes up and down with markets and with attitudes and with feelings, even my own feelings.' In 1987, Trump placed full-page advertisements in three major newspapers, advocating peace in Central America, accelerated nuclear disarmament talks with the Soviet Union, and reduction of the federal budget deficit by making American allies pay 'their fair share' for military defense. He ruled out running for local office but not for the presidency.
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