Trump was born and raised in the New York City borough of Queens, and received a B.S. degree in economics from the Wharton School at the University of Pennsylvania. 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. In the 1980s and 1990s, following setbacks in several highly leveraged real estate ventures, Trump diversified into various side ventures, mostly by licensing his name. He co-authored several books, including The Art of the Deal. 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.