Occupation: Real estate developer, (The Trump Organization)
Television producer, (The Apprentice)
President of USA
Net worth: US$3.5 billion (May 2017)
Donald John Trump (born June 14, 1946) is the 45th and current President of the United States, in office since January 20, 2017. Before entering politics, he was a businessman and television personality.
Before becoming the President of the United States, Donald Trump was one of the most well-known real estate moguls in the world, and thanks to years of making lucrative deals, he has amassed an impressive net worth of an estimated $3.5 billion. (For greater insights on Trump's net worth, see: Donald Trump's Real Net Worth: $3.5 Billion.) The Trump Organization LLC acts as the primary holding company for Trump's array of companies and is his main source of wealth.
Here is a breakdown of Trump's businesses and brands under the Trump Organization umbrella.
Donald Trump is well-known in the real estate world and has sold some of the most expensive properties in the U.S. The Trump Organization real estate portfolio includes properties in Virginia, Illinois, Florida, New Jersey, Nevada, California, New York, Connecticut and Hawaii. New York makes up the bulk of this portfolio with ownership of some of the most expensive and tallest properties in the state. His international properties can be found in Canada, Turkey, Panama, South Korea, the Philippines, India, and Uruguay.
The Trump Organization owns hotel properties and also licenses Trump's name to properties around the world. Trump hotels can be found in Illinois, Nevada, Florida, New York and Hawaii. International properties are in Ireland, Panama and Canada, and under construction in many other regions.
Over the years, The Trump Organization has added to its portfolio of golf courses around the world. As of August 2017, this portfolio consists of 17 properties that include prestigious courses designed by some of the top names in the sport. The Trump Turnberry in Scotland, formerly called Turnberry Golf Club is one of the most historic courses in the world and has hosted top PGA, LPGA, and Senior PGA Tour events. However, controversial comments made by Trump prompted execs at the Royal and Ancient Golf Club of St. Andrews to reconsider endorsing Turnberry as a venue for the 2020 Open. That said, the Trump organization is currently building two new courses in Dubai, adding to the organization's international presence.
The Trump Organization owns a stake in Trump Entertainment Resorts, Inc. The company, formerly known as Trump Hotels and Casino Resorts until 2004, is now owned by Icahn Enterprises L.P (IEP). The IPO of this company was instrumental in Trump's comeback in the mid-1990s. When Trump Hotels and Casino was launched, it was comprised of Trump's three casinos: the Trump Plaza, Trump’s Castle, and the Trump Taj Mahal and a riverboat emporium. The shares of this company soared throughout the 90s and in 1996, the company had a market cap in excess of $1 billion. This enormous market cap made Trump’s 41% stake worth around $400 million. However, even in the 90s, the company struggled with debt. Harrah’s at Trump Plaza closed in 2014, and Trump Entertainment now owns only one property, the Trump Taj Mahal in Atlantic City. Trump Entertainment Resorts has seen its fair share of problems with debt and financing, entering bankruptcy in 1991, 2004, 2009 and 2014.
Sentient Jets, LLC (Trump Jets LLC)
Also known as Trump Jets, Sentient Jet works with an elite group of independent private jet operators to offer private flights to its clients.
Trump Productions, LLC
Trump Productions is the American TV production company founded by Trump in 2004. It operates as the entertainment business entity of the larger Trump Organization.
Trump Model Management
Trump Model Management is a modeling agency founded by Trump.
The Trump Entrepreneur Initiative
The now defunct Trump Entrepreneur Initiative was once known as Trump University LLC. The for-profit education company offers courses in real estate, asset management, entrepreneurship and overall wealth creation.
Trump Ice
Trump Ice is a bottled water brand owned by Donald Trump.
Trump receiving the 2015 Marine Corps–Law Enforcement Foundation's annual Commandant's Leadership Award in recognition of his contributions to American military education programs