Donald Trump finally sold his 11,000-square-foot Palos Verdes mansion, but the real estate mogul got about $5 million less than he wanted!

Trump listed the property on the market last year for $12 million, and according to reports, it was sold for $7.15 million. The house has 5 bedrooms, 9 bathrooms and a 1,000 square foot kitchen, along with a sparkling pool, a massive wine cellar, a game room and a full bar. Check out the gallery below for more pictures!

It's millionaire meets metal: mogul Donald Trump and rocker Bret Michaels are developing a reality show together, according to The New York Post.

The two became close while filming Celebrity Apprentice, which Michaels won.

The new show, called Something To Believe In, would feature Michaels traveling the country and helping people. A rep for Trump told The Post: "Mr. Trump thinks Bret is a wonderful guy. [He] wants to consider it."

Ivanka Trump is nearly ready to pop, but that doesn't mean she can't strut her stuff.

Donald Trump's daughter attended a screening of Snow Flower And The Secret Fan at New York City's Tribeca Grand Hotel on Wednesday night. No worries - Ivanka's husband, Jared Kushner (not pictured), was right by his super pregnant wife's side.

“I’m beyond excited," Ivanka said recently. "We’re both thrilled! We can’t wait to be parents.”

What's most impressive isn't just that the screening was sponsored by Ivanka Trump Jewelry and Diane Von Furstenberg, but rather how great the soon-to-be first-time mom looked in her short white babydoll dress!

Even though she's due literally any day now (as in, she could give birth today), the 29-year-old mogul still went to her NYC office on Thursday. Her dad even told a Forbes reporter that Ivanka will be back at work within two days of giving birth to her baby girl.

Talk about one hard-working woman!

See Ivanka's entire look after the jump.

The Hangover star Zach Galifianakis visited Conan O'Brien last night to promote the sequel to the hit film. The actor shared his experience of sitting next toCelebrity Apprentice host Donald Trump at the recent White House Correspondents Dinner:

"Donald Trump was sitting nearby ... everybody was laughing at Donald Trump and it was the most beautiful thing, to have the bully of the world ... it was fantastic. It was really great. I wanted to go up to him and go, 'Didn't you think any of that was funny?' But you know, you don't want to engage with somebody that's so grotesque."

Had The Donald decided to run for president in 2012, we're guessing he wouldn't have had Galifianakis' vote!

The funnyman was out partying in Hollywood Monday night. See our video after the jump!

Donald Trump will not run for president in 2012.

The Donald told the crowd at NBC's upfront presentation (a presentation of their slate of shows for fall) today:

"I will not be running for president, as much as I'd like to."

Speculation over his possible run had been running rampant for weeks, leaving the future of The Celebrity Apprentice in question.

Donald Trump may be close to announcing his bid to run for President, but regardless, Celebrity Apprentice will go on ... but there's a possibility The Donald may be M.I.A.

NBC tells THR:

"It's such a strong franchise, not to minimize his presence in it because we love him, but I really do think it's all about the casting of that show and the challenges."

As for whether Trump is serious about running for office, the mogul told the Las Vegas Review-Journal, "I don't need pollsters. You know what my poll is? It's my brain. My poll is my brain."

The Apprentice finale is scheduled to air next week. If Trump does leave the show, his son Donald Jr. or daughter Ivanka, would reportedly be able to step in.

Find out what Trump's political advisor had to say about The Donald running for office ... after the jump.

Donald Trump put on a presidential face alongside his wife, Melania Trump, as they walk the streets of New York City on Tuesday night.

Trump recently told Bloomberg News he has already decided to enter the presidential race for 2012 – and claims he’s “going to announce,” but can’t do it “until the show [Celebrity Apprentice] ends."

Is Trump really serious about running for president or could he be pitching a new reality show? In the vein of celebs going political, could The Donald be Arnold 2.0?

At the Correspondents dinner, Seth Meyers had something snarky to say about the Donald running. Read what he said after the jump!

David Letterman is adding his name to the long list of celebs who are putting Donald Trump on blast for making disparaging claims about President Obama.

When Letterman found out Dr. Phil, his guest on last night's show, was friendly with Trump, Dave took the opportunity to speak out on what he called The Donald's increasingly racist remarks, including Trump's questioning of not only Obama's birthplace, but whether the President's admittance into Harvard Law School was on his own merit.

“It’s all fun, it’s all a circus, it’s all a rodeo, until it starts to smack of racism. And then it’s no longer fun,” Letterman said to Dr. Phil. “So you thought it was racism?” Dr. Phil asked. “Well, yes,” Dave responded. “Do you consider him to be a racist?”

“I do not,” Dr. Phil said, explaining, “...I don’t think he always thinks everything through. I think sometimes he’s a little from the hip, and I don’t think he has a racist bone in this body.”

Letterman went on to say, “If he comes back on this show, and I am not sure we want him back on this show under these circumstances, he ought to be prepared to apologize just for that kind of behavior.”

Letterman isn't the only icon Trump is turning off. Another celeb recently called him a "pompous @sshole"! See who it was ... after the jump.