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Donald Trump the entrepreneur

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Donald Trump

The Trump Empire: Companies & Assets of the US President

US entrepreneur Donald John Trump is the 45th President of the United States. Modesty has never been one of the 73-year-old New Yorker's virtues. Even before the FEC federal electoral commission, Trump flirted with his alleged $ 10 billion fortune. But how exactly does “The Donald” earn its money? And what consequences does his political office have on the corporate empire he heads?

Trump's fortune: "The Donald" is the richest US president in history

I n the USA , Trump's wealth is almost proverbial. The self-made billionaire has known how to establish his name as a brand and to catapult himself into the public eye with Trump Tower and Trump National Golf Club. However, Donald Trump cannot look back on a typical rags-to-riches to millionaire career. Too early, he benefited from the fortune of his father - the New York real estate mogul Frederick C. Trump. While Trump Senior rose to become a multimillionaire with the construction of apartments and barracks, his son Donald bought dilapidated properties during his business studies in order to sell them again after they were modernized. He received the start-up capital for these first entrepreneurial steps from his father. In 1968 Donald then joined the family company Elizabeth Trump & Son. Three years later he took over the management of the company - at that moment the "Trump Turbo" ignited!

The Trump Organization - conglomerate and power center

The former real estate company has now become - also thanks to Donald Trump's involvement - a global conglomerate with numerous business areas. This includes the management of luxury skyscrapers, a hotel group , a model agency, various golf courses, a winery, a TV production, a licensing company and a furniture brand. In total, there are currently around 500 business units under the Trump Organization umbrella brand. As befits its standing, the company has its headquarters in Trump Tower, a 58-story skyscraper in Manhattan. Despite its immense size, however, it is not among the ten largest conglomerates in the world. The top dog there is General Electric with a current market value of $ 285.6 billion.

Trump's greatest fortune is in just four properties

According to research by the US magazine Forbes, the majority of Trump's fortune is still in just four buildings. The commercial and retail space of Trump Tower alone is estimated at 460 million euros, plus luxury skyscrapers in Manhattan and San Francisco. But that's not all - Trump Real Estate manages and rents luxury properties around the world . These include 40 Wall Street (an art deco skyscraper currently rented by American Express), Trump World Tower (one of the most expensive residential buildings in the world) and several gigantic hotel buildings in Chicago, New York and Las Vegas. America's super-rich pay a lot of money to live in a Trump property. The rents for one of the 23 apartments in the luxury high-rise Trump Park Avenue are around 100,000 US dollars per month. In a global comparison, however, Trump Real Estate is a rather small fish. The American Simon Property Group ranks first with annual sales of US $ 5.17 billion.
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Ü Trump Tower New York
Trump Tower Dallas
Trump Tower Dallas
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Trump Tower Chicago
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Trump Hotel exclusive to Washington DC
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Trump Tower Las Vegas
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The Taj Mahal in Atlantic City
Reception in Trump Tower
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Trump Hotel COLLECTION
Trump 5 star luxury hotels

Trump as a brand name: licensing deals for more assets

Precisely because the real estate mogul can market its ostentatious buildings at the highest prices, countless entrepreneurs buy a license to advertise their buildings with the Trump name. Hundreds of buildings around the world have Trump's logo above the entrance, but they are not part of his property. Trump is well paid for using his name - with licensing deals, he earned the enjoyable sum of 74 million US dollars up to 2013. In a global comparison of licensing companies, the Trump Organization ranks 105th, but it is miles behind the licensing king - the Walt Disney Company (40.9 billion). Donald Trump himself estimates the value of his own brand at a good three billion US dollars. Forbes puts Trump's brand value at a maximum of $ 125 million.

Win with Golf Clubs? A questionable record

The Trump Organization also currently operates twelve golf clubs in the US and five other greens in Scotland, Ireland and Dubai. "The Donald" also wants to increase its wealth with these luxury facilities. According to Handelsblatt, Trump is currently generating sales of 306 million US dollars with the sports facilities. It is not known whether the golf clubs actually make a profit. Since 2012 alone, Trump has invested over $ 250 million in renovations. He wasted $ 31.8 million in building his prestigious golf empire in Scotland, according to FEC documents. To get really rich on the green, Trump should perhaps have played golf more. Tiger Woods made over a billion dollars just playing golf.

Trump Productions - Mogul with media presence

Donald Trump also has a hand in the media industry - and very successfully. As the presenter and producer of the TV series The Apprentice, he reached an audience of millions from 2004 to 2015 and was thus able to - quite incidentally - increase his popularity and brand value. The reality show, in which candidates vie for a managerial post in the Trump empire, now has 15 seasons. Trump's fortune rose by a good $ 213 million just because of the fees from NBCUniversal. Because of the preparation for his presidential candidacy, Trump left the TV format and was replaced by Arnold Schwarzenegger. Trump Productions still earns on The Apprentice.

Trump Model Management - wealth accumulation thanks to beautiful women

A model agency is also part of the Trump empire's portfolio. Founded in New York in 1999, it now looks after 300 models. Also from Tatjana Patitz, Paris Hilton, Isabella Rossellini and Trump's current wife Melania there are or were set cards. Trump also owned the Miss Universe Organization, which he operated together with NBCUniversal until 2015. The company holds Miss Universe, Miss USA and Miss Teen USA elections every year and thus provided a nice, but not quantified, sideline.

The art of success - Donald Trump as a book author

The new US president's marketing strategy also includes a portfolio of nearly two dozen book titles that have been published under his name. Most of the works are business advisors , but Trump has already put his political views on paper. The billionaire's books are selling brilliantly: According to CBS research, 1.1 million copies of Trump's first work The Art of the Deal alone went over the counter. The latest reading Crippled America: How to make America great again, which describes Trump's campaign positions in a dedicated manner, also sold extremely well. However, the author donated the proceeds to charitable organizations.

Furniture, entertainment, speeches - Trump's other sources of income

The Trump Organization also includes a luxury furniture company (Trump Home), a huge Virginia winery (Trump Winery, valued at between five and 25 million dollars) and the famous horse carousel in Central Park. You could make a good living just from selling the tickets for this ride - it washes $ 589,000 annually in Trump's suit pockets. Even more profitable is his New York ice rink, which is said to have brought in $ 13 million so far. So far, “The Donald” has also paid off well for his speeches. The FEC document alone lists fees of $ 800,000 for this. In the past, Trump also experimented with other earning opportunities and brought steaks, table water, board games, cosmetic products, vodka and his own merchandise collection onto the market. In retrospect, however, many of these attempts turned out to be a flop - as did his involvement in the casino , football and flight industries . However, there is one thing that one cannot blame the bustling billionaire for - a lack of business acumen.

How rich is Trump really?

The complex and opaque corporate structure of the Trump companies makes it impossible even for experts to quantify Trump's wealth with any degree of accuracy. However, he is nowhere near as rich as the 73-year-old himself claims. Since taking up the US presidency, Trump's fortune has even shrunk. Forbes expects a loss of $ 400 billion (about 322 billion euros) since his first year as president and currently estimates his holdings at 3.1 billion dollars (about 2.5 billion euros). For comparison: Amazon founder and CEO Jeff Bezos is the richest man in the world and currently has a fortune of $ 113 billion.

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Trump DORAL
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Trump Hotel WAIKIKI
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Trump Hotel Scotland
Trump LUXUS Hotel ALBEMARE
Trump Hotel ALBEMARE
Donald Trump Office
Donald Trump Ofiice
Donald Trump Office
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