Donald Trump announces he is running for US President 2016. Photo: dailymail.co.uk

(VOVworld) - New York billionaire and real-estate developer Donald Trump said Tuesday he will seek the Republican nomination for president in 2016. He announced his bid at the Trump Tower in New York, adding that among his priorities are restoring the economy and criticizing China’s behaviours.

With a total net worth of approximately 9 billion USD, the 69-year-old billionaire is President and CEO of Trump Organization, New York’s leading real estate developer and the founder of Trump Entertainment Resorts with many resorts all over the world. So far, 4 Democrats have announced their bids for the presidency with Hillary Clinton considered the most prominent candidate.