Trump Organization
Encyclopedia
The Trump Organization is a limited liability corporation conglomerate
based in Trump Tower
in Manhattan
, New York
. The organization owns, operates, and develops hotel
s, resort
s, residential tower
s, and golf course
s in different countries, as well as owning several pieces of high-end real estate
in New York City
. The organization also has a stake in Trump Entertainment Resorts
, which owns and operates the Trump Taj Mahal, the Trump Plaza, and the Trump Marina casinos in Atlantic City
, New Jersey
. Together with NBC
, the Trump Organization additionally owns the Miss USA
, Miss Teen USA
, and Miss Universe
franchises.
The organization is owned and managed by the Trump family with Donald Trump
as its CEO
and three of his eldest children —Donald Trump, Jr.
, Ivanka Trump
, and Eric Trump
— serving as Executive Vice Presidents (EVP) within the organization.
.
Trump is also building Trump International Golf Club in the Caribbean island of Canouan Island, The Grenadines. The development will include Trump Club Privee, a Monte Carlo inspired casino.
In 2006 Trump purchased a 1,400-acre (5.7 km2) plot just north of Aberdeen at Menie (Balmedie), Scotland, with the intention of turning it into a £
1 billion golf resort and "the world's best golf course" capable of hosting world class events such as The Open Championship
. There has been opposition from many people both locally and in other parts of Scotland and the UK, and negative reaction from a number of environmental groups, but the project continues.
The development plan for Trump International Golf Links, Scotland (TIGLS) included two 18-hole courses, a 5-star hotel, golf villas, holiday homes, and a golf academy. It was strongly supported by local business leaders but met opposition from local residents, campaigners and environmental groups anxious to preserve the 4,000-year-old sand dunes that are designated an SSSI (Site of Special Scientific Interest
). Though recommended for approval by Aberdeenshire Council
officials the development was initially rejected by a local subcommittee of elected members. However it was subsequently approved following a controversial planning inquiry ordered by the Scottish Government in June 2008, at which Trump personally testified. Work began on the site in July 2010.
In March 2009 the Trump Organisation had asked the Council to use its powers of compulsory purchase to acquire some areas of land at Balmedie not forming part of the original TIGLS site for which planning permission already existed. These included four family-owned properties. In response local campaigners established Tripping Up Trump, a movement aimed at protecting the families at Menie being threatened with eviction. When it emerged at the end of January 2011 that Queen
guitarist Brian May
had agreed to the use of the band's hit Bohemian Rhapsody
in a film highlighting the plight of the families, Trump appeared to deny in a media statement that there had ever been an eviction threat, declaring "we have no interest in compulsory purchase and have never applied for it."
In September 2011 the Trump Organisation lodged a formal objection to the proposed construction of a wind farm
off the Aberdeenshire coast not far from the site of the new hotel and luxury housing. Donald Trump also wrote personally to the First Minister of Scotland
protesting mainly on aesthetic grounds at the proposed erection of offshore wind turbines, which he characterised as 'ugly'. His letter claimed that he was protesting on behalf of the Scottish people, 'not... merely for the benefit of Trump International Golf Links.' Donald Trump is not understood to have made any previous objection to any of the large number of other wind farms that have been built in rural locations in Scotland over recent years.
In 2011 a documentary directed by Anthony Baxter called 'You've Been Trumped' was released, showing the situation of local residents adversely affected by the resort's construction. It contains footage of, among others, economists who query the benefits claimed for the local economy, environmentalists critical of the damage allegedly caused by the development and golfers who voice doubts about claims made for the resort by the Trump Organisation. It also shows Anthony Baxter being arrested while filming by a Grampian Police
officer; he was later released without charge. Baxter has been quoted as saying that Trump branded the film 'boring' and Baxter himself 'a fraud'. However, the film has won several awards including the Hamptons Film Festival Social Justice Award and the Maysles Brothers Award for best documentary at the Denver Film Festival
.
, Kohlberg Kravis Roberts, and LamboNuni Bank reportedly for $600 million. Donald Trump's 1/3 share was $200 million, which he later used to finance Trump Casino & Resorts
.
Trump has succeeded in marketing the Trump name on a large number of products, including Trump Financial
(a mortgage firm), Trump Sales and Leasing (residential sales), Trump University
(a business education company), Trump Restaurants (Located in Trump Tower and consisting of Trump Buffet, Trump Catering, Trump Ice Cream Parlor, and Trump Bar), GoTrump (an online travel website), Donald J. Trump Signature Collection (a line of menswear, men's accessories, and watches), Donald Trump The Fragrance (2004), Trump Ice bottled water, Trump Magazine, Trump Golf, Trump Institute, Trump The Game (1989 Board Game), Trump Vodka, and Trump Steaks. In addition, Trump reportedly receives $1.5 million for each one-hour presentation he does for The Learning Annex
.
Conglomerate (company)
A conglomerate is a combination of two or more corporations engaged in entirely different businesses that fall under one corporate structure , usually involving a parent company and several subsidiaries. Often, a conglomerate is a multi-industry company...
based in Trump Tower
Trump Tower (New York)
Trump Tower is a 58-story mixed-use skyscraper located at 725 Fifth Avenue, at the corner of East 56th Street in Midtown Manhattan, New York City. It was developed by Donald Trump and the Equitable Life Assurance Company, and designed by Der Scutt of Swanke, Hayden Connell...
in Manhattan
Manhattan
Manhattan is the oldest and the most densely populated of the five boroughs of New York City. Located primarily on the island of Manhattan at the mouth of the Hudson River, the boundaries of the borough are identical to those of New York County, an original county of the state of New York...
, New York
New York
New York is a state in the Northeastern region of the United States. It is the nation's third most populous state. New York is bordered by New Jersey and Pennsylvania to the south, and by Connecticut, Massachusetts and Vermont to the east...
. The organization owns, operates, and develops hotel
Hotel
A hotel is an establishment that provides paid lodging on a short-term basis. The provision of basic accommodation, in times past, consisting only of a room with a bed, a cupboard, a small table and a washstand has largely been replaced by rooms with modern facilities, including en-suite bathrooms...
s, resort
Resort
A resort is a place used for relaxation or recreation, attracting visitors for holidays or vacations. Resorts are places, towns or sometimes commercial establishment operated by a single company....
s, residential tower
Skyscraper
A skyscraper is a tall, continuously habitable building of many stories, often designed for office and commercial use. There is no official definition or height above which a building may be classified as a skyscraper...
s, and golf course
Golf course
A golf course comprises a series of holes, each consisting of a teeing ground, fairway, rough and other hazards, and a green with a flagstick and cup, all designed for the game of golf. A standard round of golf consists of playing 18 holes, thus most golf courses have this number of holes...
s in different countries, as well as owning several pieces of high-end real estate
Real estate
In general use, esp. North American, 'real estate' is taken to mean "Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; an item of real property; buildings or...
in New York City
New York City
New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...
. The organization also has a stake in Trump Entertainment Resorts
Trump Entertainment Resorts
Trump Entertainment Resorts, Inc. is a holding company that owns and manages two casinos/hotels in Atlantic City, New Jersey, United States. Formerly known as Trump Hotels & Casino Resorts, it was founded by Donald J. Trump, who was Chairman of the Board of Directors until his resignation in 2009....
, which owns and operates the Trump Taj Mahal, the Trump Plaza, and the Trump Marina casinos in Atlantic City
Atlantic City, New Jersey
Atlantic City is a city in Atlantic County, New Jersey, United States, and a nationally renowned resort city for gambling, shopping and fine dining. The city also served as the inspiration for the American version of the board game Monopoly. Atlantic City is located on Absecon Island on the coast...
, New Jersey
New Jersey
New Jersey is a state in the Northeastern and Middle Atlantic regions of the United States. , its population was 8,791,894. It is bordered on the north and east by the state of New York, on the southeast and south by the Atlantic Ocean, on the west by Pennsylvania and on the southwest by Delaware...
. Together with NBC
NBC
The National Broadcasting Company is an American commercial broadcasting television network and former radio network headquartered in the GE Building in New York City's Rockefeller Center with additional major offices near Los Angeles and in Chicago...
, the Trump Organization additionally owns the Miss USA
Miss USA
The Miss USA beauty contest has been held annually since 1952 to select the United States entrant in the Miss Universe pageant. The Miss Universe Organization operates both pageants, as well as Miss Teen USA...
, Miss Teen USA
Miss Teen USA
Miss Teen USA is a beauty pageant run by the Miss Universe Organization for girls aged 14–19. The reigning titleholder is Danielle Doty of Texas....
, and Miss Universe
Miss Universe
Miss Universe is an annual international beauty contest that is run by the Miss Universe Organization. The pageant is the most publicized beauty contest in the world with 600 million viewers....
franchises.
The organization is owned and managed by the Trump family with Donald Trump
Donald Trump
Donald John Trump, Sr. is an American business magnate, television personality and author. He is the chairman and president of The Trump Organization and the founder of Trump Entertainment Resorts. Trump's extravagant lifestyle, outspoken manner and role on the NBC reality show The Apprentice have...
as its CEO
Chief executive officer
A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...
and three of his eldest children —Donald Trump, Jr.
Donald Trump, Jr.
Donald "Don" John Trump, Jr. is an American businessman who is the first child of real estate developer Donald J. Trump and Ivana Trump. He currently works along with his sister Ivanka Trump and brother Eric Trump in the position of Executive Vice President at The Trump Organization...
, Ivanka Trump
Ivanka Trump
Ivanka Marie Trump is an American businesswoman, socialite, heiress, and fashion model. The daughter of Ivana and Donald Trump, she is Executive Vice President of Development & Acquisitions at The Trump Organization...
, and Eric Trump
Eric Trump
Eric Fredrick Trump is the third child of Donald J. Trump and Ivana Trump, and is executive vice president, real estate development and mergers and acquisitions, at The Trump Organization, Trump Tower. He is also the founder and chairman of .-Early life and education:Trump was born in New York...
— serving as Executive Vice Presidents (EVP) within the organization.
Selected completed properties
- Trump World TowerTrump World TowerTrump World Tower is a residential skyscraper at 845 United Nations Plaza in Manhattan, New York City. Construction began in 1999 and concluded in 2001...
: 845 United Nations Plaza, New York, NY. In 2006, Forbes estimated "$290 million in profits and unrealized appreciation" going to Trump. - Trump TowerTrump Tower (New York)Trump Tower is a 58-story mixed-use skyscraper located at 725 Fifth Avenue, at the corner of East 56th Street in Midtown Manhattan, New York City. It was developed by Donald Trump and the Equitable Life Assurance Company, and designed by Der Scutt of Swanke, Hayden Connell...
: 725 Fifth Ave, New York, NY 10022. Trump owns the retail and office space on the lower half of this building. In 2006, it was valued at $318 million, less a $30 million mortgage.- Personal Residence: Trump Tower: top 3 floors of Trump Tower with approximately 30,000 square feet (3,000 m²) of space; detailed in bronze, gold, and marble. Worth as much as $50 million, it is one of the most valuable apartments in New York City.
- AXA Financial CenterAXA CenterThe AXA Equitable Center is a 752-foot -tall skyscraper located in New York City....
, 1290 Avenue of the Americas, New York, NY and 555 California Street, formerly the Bank of America Center, in San Francisco: When Trump was forced to sell a stake in the railyards on Manhattan's West Side, the Asian group to which he sold then sold much of the site for $1.76 billion. They then reinvested the rest of the money, via a tax-free exchange, into two office buildings: 1290 Avenue of the Americas in Manhattan and 555 California Street in San Francisco (The Group has since sold their stake to Vornado Realty TrustVornado Realty TrustVornado Realty Trust is a New York based real estate investment trust. It is the inheritor of real estate formerly controlled by companies including Two Guys and Alexander's.- History :...
). Trump ended up owning 30% of the two buildings. Based on the sales price, Trump's stake was valued at $486 million. - The Trump Building at 40 Wall Street40 Wall Street40 Wall Street is a 70-story skyscraper in New York City. Originally known as the Bank of Manhattan Trust building, and also known as Manhattan Company Building, it was later known by its street address when its founding tenant merged to form the Chase Manhattan Bank and today is known as the...
: Trump bought and renovated this building for $1 million in 1995. Although Trump claims it is worth $400 million, New York tax assessors value it at only $90 million. Trump has taken out a $160 million mortgage on this property to use for other investments. Forbes valued the property at $260 million in 2006. - Trump Entertainment Resorts: This company owns the Trump branded casino resorts. After a long period of financial trouble, the company entered bankruptcy protection in 2004. Trump agreed to invest $55 million cash in the new company and pay $16.4 million to the company's debtors. In return he holds a 29.16% stake in the new public company. This stake was worth approximately $171 million in October 2006. The Trump branded casino resorts include the Trump Taj Mahal, Trump PlazaTrump Plaza (Atlantic City)Trump Plaza is a hotel and casino located on the Boardwalk in Atlantic City, New Jersey. Designed by architect Martin Stern, Jr., it was opened in 1984 and is one of two casinos owned by Trump Entertainment Resorts...
and the Trump Marina. - Riverside South/Trump PlaceTrump PlaceRiverside South is an apartment complex originated by Donald Trump and six civic partners on the Upper West Side of Manhattan, in New York City.The $3 billion project on a site between 59th Street and 72nd...
: When completed, Riverside South will be the largest single private development in New York City's history. It was built by the Trump Organization, although financed by investors from Hong Kong and owned by the Hudson Waterfront Company. During his financial difficulties in the mid 90's, Trump was forced to sell this site, the former west side rail-yards. The new owners continued Trump's involvement with the property and sought to use his name to seek higher sales prices. Trump was paid $2 million annually for his oversight of the project, and he was offered an estimated 30% of the net profits upon completion of this 10 year project. The investors sold off the uncompleted project in 2005 for $40.8 billion and offered Mr. Trump $500 million. Trump contends that the property should have been sold for more than $3 billion and in 2006 sued the owners for selling without his consent, and sought $1 billion in damages. Forbes values his stake in the property at $170 million. - Trump International Hotel and Tower ChicagoTrump International Hotel and Tower (Chicago)The Trump International Hotel and Tower, also known as Trump Tower Chicago and locally as the Trump Tower, is a skyscraper condo-hotel in downtown Chicago, Illinois. The building, named after real estate developer Donald Trump, was designed by architect Adrian Smith of Skidmore, Owings and Merrill...
: The entire project is valued at $1.2 billion ($112 million stake for Trump). - Trump Hotel Las Vegas: This is a joint development with fellow Forbes 400 member, Phil RuffinPhil RuffinPhillip G. Ruffin is an American businessman. His business interests lie largely in casinos, greyhound racing tracks, oil production, convenience stores, and real estate. Ruffin lives in Las Vegas, Nevada....
, and Jack WishnaJack WishnaJack Wishna is president and CEO of CPAmerica, a consulting firm for gambling, hotel and leisure organizations, based in Las Vegas, Nevada. He is also a founder of Rockrena Inc. which launched rockcityclub.com, a Social Music Network,...
. Trump's stake is valued at $162 million.
- Trump International Hotel and Tower New YorkTrump International Hotel and Tower (New York)__notoc__The Trump International Hotel and Tower is a high-rise building, located at 1 Central Park West on Columbus Circle between Broadway and Central Park West, in Manhattan, New York City. It is owned by The Trump Organization and features hotel rooms and residential condominiums. The...
: Trump provided his name and expertise to the building's owner (GE) during the building's re-development in 1994 for a fee totaling $40 million ($25 million for project management and $15 million in incentives deriving from the condo sales). Forbes values Trump's stake at $12 million. - Trump Park AvenueTrump Park AvenueTrump Park Avenue is a Luxury residential tower block owned by Real estate developer Donald Trump. It is located on the southern border of Lenox Hill at 502 Park Avenue Manhattan, New York City. It contains 120 luxury condominium apartments and 8 penthouses. The building is 32 storeys high. It...
: Park Avenue & 59th Street. It is valued at $142 million. - Nike Store: The Niketown store is located in Trump Tower. It is valued at $120 million.
- Palm BeachPalm Beach, FloridaThe Town of Palm Beach is an incorporated town in Palm Beach County, Florida, United States. The Intracoastal Waterway separates it from the neighboring cities of West Palm Beach and Lake Worth...
estate: 43,000 square feet (4,000 m²) on a large oceanfront lot in Palm Beach. Trump purchased this property for $40 million at a bankruptcy auction in 2004. Renovations to the property were led by the Season 3 Apprentice Kendra ToddKendra ToddKendra Todd is a real estate agent in Seattle, Washington. In 2005, she was the winner of season 3 of NBC's The Apprentice. She was the first female candidate, and the youngest, to be hired on the U.S. Apprentice.-Overview:...
, and Trump sold the property for $100 million in June 2008, making it the most expensive house ever sold in the United States. (The previous record is $70 million for Ron PerelmanRonald PerelmanRonald Owen Perelman is an American business magnate. Through his company MacAndrews & Forbes Holdings Inc., he has invested in various companies in grocery, cigar, licorice, makeup, car, photography, television, camping, security, lottery, jewelry, banks, and comic book industries.-Early...
's Palm Beach estate in 2004.). Forbes values his stake in the property for $43 million. - Mar-A-LagoMar-A-LagoMar-A-Lago , built 1924-1927, is the name of the Marjorie Merriweather Post estate in Palm Beach, Florida. Post built the house with her husband, Edward F. Hutton. The house was designed by Joseph Urban. Upon her death in 1973 Marjorie Post willed the estate to the U.S. Government as a retreat...
, Palm Beach, Florida: Most of this estate has been converted into a private club. This landmark property, according to Trump, has received bids near $200,000,000. However, Forbes magazine does not take into account either of Trump's large vacation residences (Mar-A-Lago or his 213 acre (0.86198118 km²) spread near Bedford, NYBedford (town), New YorkBedford is a town in Westchester County, New York, USA. The population was 17,335 at the 2010 census.The Town of Bedford is located in the northeastern part of Westchester County, and contains the three hamlets of Bedford Hills, Bedford Village, and Katonah...
in Westchester County, NY) for its valuation of his wealth.
Golf courses
Trump currently owns four golf courses in the United States: Trump National Golf Club in Briarcliff Manor, New York, Trump National Golf Club in Bedminster, New Jersey, Trump International Golf Club in West Palm Beach, Florida, and Trump National Golf Club in Los AngelesTrump National Golf Club (Los Angeles)
Trump National Golf Club, Los Angeles is a public golf club in Palos Verdes, California featuring a course designed by Pete Dye and Donald J. Trump Signature Design....
.
Trump is also building Trump International Golf Club in the Caribbean island of Canouan Island, The Grenadines. The development will include Trump Club Privee, a Monte Carlo inspired casino.
In 2006 Trump purchased a 1,400-acre (5.7 km2) plot just north of Aberdeen at Menie (Balmedie), Scotland, with the intention of turning it into a £
Pound sterling
The pound sterling , commonly called the pound, is the official currency of the United Kingdom, its Crown Dependencies and the British Overseas Territories of South Georgia and the South Sandwich Islands, British Antarctic Territory and Tristan da Cunha. It is subdivided into 100 pence...
1 billion golf resort and "the world's best golf course" capable of hosting world class events such as The Open Championship
The Open Championship
The Open Championship, or simply The Open , is the oldest of the four major championships in professional golf. It is the only "major" held outside the USA and is administered by The R&A, which is the governing body of golf outside the USA and Mexico...
. There has been opposition from many people both locally and in other parts of Scotland and the UK, and negative reaction from a number of environmental groups, but the project continues.
The development plan for Trump International Golf Links, Scotland (TIGLS) included two 18-hole courses, a 5-star hotel, golf villas, holiday homes, and a golf academy. It was strongly supported by local business leaders but met opposition from local residents, campaigners and environmental groups anxious to preserve the 4,000-year-old sand dunes that are designated an SSSI (Site of Special Scientific Interest
Site of Special Scientific Interest
A Site of Special Scientific Interest is a conservation designation denoting a protected area in the United Kingdom. SSSIs are the basic building block of site-based nature conservation legislation and most other legal nature/geological conservation designations in Great Britain are based upon...
). Though recommended for approval by Aberdeenshire Council
Aberdeenshire
Aberdeenshire is one of the 32 unitary council areas in Scotland and a lieutenancy area.The present day Aberdeenshire council area does not include the City of Aberdeen, now a separate council area, from which its name derives. Together, the modern council area and the city formed historic...
officials the development was initially rejected by a local subcommittee of elected members. However it was subsequently approved following a controversial planning inquiry ordered by the Scottish Government in June 2008, at which Trump personally testified. Work began on the site in July 2010.
In March 2009 the Trump Organisation had asked the Council to use its powers of compulsory purchase to acquire some areas of land at Balmedie not forming part of the original TIGLS site for which planning permission already existed. These included four family-owned properties. In response local campaigners established Tripping Up Trump, a movement aimed at protecting the families at Menie being threatened with eviction. When it emerged at the end of January 2011 that Queen
Queen (band)
Queen are a British rock band formed in London in 1971, originally consisting of Freddie Mercury , Brian May , John Deacon , and Roger Taylor...
guitarist Brian May
Brian May
Brian Harold May, CBE is an English musician and astrophysicist most widely known as the guitarist and a songwriter of the rock band Queen...
had agreed to the use of the band's hit Bohemian Rhapsody
Bohemian Rhapsody
"Bohemian Rhapsody" is a song by the British rock band Queen. It was written by Freddie Mercury for the band's 1975 album A Night at the Opera...
in a film highlighting the plight of the families, Trump appeared to deny in a media statement that there had ever been an eviction threat, declaring "we have no interest in compulsory purchase and have never applied for it."
In September 2011 the Trump Organisation lodged a formal objection to the proposed construction of a wind farm
Wind farm
A wind farm is a group of wind turbines in the same location used to produce electric power. A large wind farm may consist of several hundred individual wind turbines, and cover an extended area of hundreds of square miles, but the land between the turbines may be used for agricultural or other...
off the Aberdeenshire coast not far from the site of the new hotel and luxury housing. Donald Trump also wrote personally to the First Minister of Scotland
First Minister of Scotland
The First Minister of Scotland is the political leader of Scotland and head of the Scottish Government. The First Minister chairs the Scottish Cabinet and is primarily responsible for the formulation, development and presentation of Scottish Government policy...
protesting mainly on aesthetic grounds at the proposed erection of offshore wind turbines, which he characterised as 'ugly'. His letter claimed that he was protesting on behalf of the Scottish people, 'not... merely for the benefit of Trump International Golf Links.' Donald Trump is not understood to have made any previous objection to any of the large number of other wind farms that have been built in rural locations in Scotland over recent years.
In 2011 a documentary directed by Anthony Baxter called 'You've Been Trumped' was released, showing the situation of local residents adversely affected by the resort's construction. It contains footage of, among others, economists who query the benefits claimed for the local economy, environmentalists critical of the damage allegedly caused by the development and golfers who voice doubts about claims made for the resort by the Trump Organisation. It also shows Anthony Baxter being arrested while filming by a Grampian Police
Grampian Police
Grampian Police is the territorial police force of the northeast region of Scotland, covering the council areas of Aberdeenshire, the City of Aberdeen, and Moray . The Force area also covers some of the North Sea, giving Grampian Police the responsibility of policing the oil and gas platforms of...
officer; he was later released without charge. Baxter has been quoted as saying that Trump branded the film 'boring' and Baxter himself 'a fraud'. However, the film has won several awards including the Hamptons Film Festival Social Justice Award and the Maysles Brothers Award for best documentary at the Denver Film Festival
Denver Film Festival
The Denver Film Festival is held in November, primarily in the Tivoli Union on the Auraria Campus and the new Denver Film Center/Colfax, in Denver Colorado...
.
Real estate licensing
Many developers pay Donald Trump to market their properties and be the public face for their projects. For that reason, Trump does not own many of the buildings that display his name. According to Forbes, this portion of Trump's empire, actually run by his children, is by far his most valuable with a valuation of $562 million. According to Forbes, there are 33 licensing projects under development including seven "condo hotels" (i.e. The seven Trump International Hotel and Tower developments). Some examples are:- Manhattan:
- Trump Palace: 200 East 69th Street, New York, NY.
- Trump Parc and Trump Parc East: Two adjoining buildings on Central Park South on the southwest corner of The Avenue of the Americas. Trump Parc East is a 14-story apartment building and Trump Parc (the former Barbizon Plaza Hotel) is a 38-story condominium building.
- Trump Plaza: 167 East 61st Street, New York, NY (39-story, Y-shaped plan condominium building on the Upper East Side)
- 610 Park Avenue (The old Mayfair Hotel): Trump is helping with the construction and development of this property for Colony Capital.
- Trump SoHoTrump SoHoTrump SoHo New York or just Trump SoHo, announced in 2006,, is a $450 million, 46 story, 391 unit hotel condominium being constructed in SoHo, New York City.-Overview:...
Hotel Condominium: A partnership with Bayrock Group to build a 42 story building in SohoSohoSoho is an area of the City of Westminster and part of the West End of London. Long established as an entertainment district, for much of the 20th century Soho had a reputation for sex shops as well as night life and film industry. Since the early 1980s, the area has undergone considerable...
.
- New York City suburbs:
- Trump Plaza (Jersey City)Trump Plaza (Jersey City)Trump Plaza also known as Trump Plaza Residences, is the first of two planned apartment complex buildings to be built in Jersey City, New Jersey. Trump Plaza Residences is and has 55 floors. It was completed in 2008. The building has of space and 445 units. It is the tallest residential building...
: The project includes New Jersey's two tallest residential towers and costs about $450 million. The 55-story tower will have 445 condos, and the 50-story tower will have 417. - Trump Plaza (New Rochelle)Trump Plaza (New Rochelle)Trump Plaza is a 40-story luxury residence located in downtown New Rochelle, New York. The building was designed by the Lessard Group, a nationally recognized architectural firm. It was built by Cappelli Enterprises, the same developer that built Trump Tower at City Center in nearby White Plains...
is a 39-story luxury residence and hotel with retail space that is currently under construction in Westchester County, NY with developer Louis R. CappelliLouis R. CappelliLouis R. Cappelli is a real estate developer most active in Westchester County, New York. Cappelli has constructed, designed and developed more than twenty million square feet of mixed use, retail, residential, office, medical and parking facilities throughout the northeast, with a portfolio value...
. - Trump Tower at City CenterTrump Tower (White Plains)Trump Tower at City Center is a 35-story high-rise condominium apartment building built in White Plains, Westchester County, New York. It was completed in 2005. The Trump Organization led the development, sales, and management of the building. It has 212 condominium residences that opened...
is a 35-story condominium apartment building built in Westchester County, New York with developer Louis R. CappelliLouis R. CappelliLouis R. Cappelli is a real estate developer most active in Westchester County, New York. Cappelli has constructed, designed and developed more than twenty million square feet of mixed use, retail, residential, office, medical and parking facilities throughout the northeast, with a portfolio value...
. - Trump Parc Stamford is a development in Stamford, ConnecticutStamford, ConnecticutStamford is a city in Fairfield County, Connecticut, United States. According to the 2010 census, the population of the city is 122,643, making it the fourth largest city in the state and the eighth largest city in New England...
with F. D. Rich Company and Louis R. CappelliLouis R. CappelliLouis R. Cappelli is a real estate developer most active in Westchester County, New York. Cappelli has constructed, designed and developed more than twenty million square feet of mixed use, retail, residential, office, medical and parking facilities throughout the northeast, with a portfolio value...
.
- Trump Plaza (Jersey City)
- Florida:
- Trump International Hotel and Tower Fort LauderdaleTrump International Hotel and Tower (Fort Lauderdale)Trump International Hotel & Tower Fort Lauderdale is the former name of an unfinished luxury condominium-hotel resort located on North Fort Lauderdale Beach Boulevard, just a few blocks from Las Olas Boulevard. Designed by Michael Graves, the building was advertised as featuring a health club, spa...
(Official Site), Anticipated completion is 2007. - Trump Towers Sunny Isles Beach (Sunny Isles Beach, Florida): An oceanfront condominium development consisting of three 271-unit towers with developer Dezer Properties.
- Trump Grande Ocean Resort and Residences: A three-building oceanfront enclave consisting of the Trump International Beach Resort and two residential condominium towers, the Trump Palace and Trump Royale, with developer Dezer Properties.
- Trump Hollywood: A 40-story building on Hollywood Beach, Florida with Jorge M. Pérez.
- Trump Tower (Palm Beach) will be a 23-story residential condominium development.
- Trump International Hotel and Tower Fort Lauderdale
- Other domestic:
- Trump Towers Atlanta: Tower I will be 48 stories and include 370 units while Tower II is still under design.
- Trump Tower (Philadelphia)Trump Tower (Philadelphia)Trump Tower is designed to be a 45-story skyscraper in Philadelphia, Pennsylvania, United States, but still in the development stage in April, 2011....
: This 45-story building will offer 263 luxurious condominiums on the Delaware River. - Trump International Hotel and Tower WaikikiTrump International Hotel and Tower (Honolulu)Trump International Hotel and Tower at Waikiki Beach Walk or Trump Tower Waikiki is a tall, tower with about 460 hotel-condo units in the Waikiki area of the City and County of Honolulu, Hawaii, United States. The building includes parking, retail and dining space, as well as a library, wine...
, completed in November 2009 with 462 hotel-condominium units. - Trump International Hotel and Tower, New Orleans (Project slated to begin construction during the first quarter of 2007).
- International:
- Trump World: Seoul, Korea for which Trump received a licensing fee of $5 million to lend his name.
- Trump International Hotel and TowerTrump International Hotel and Tower (Toronto)Trump International Hotel & Tower, Toronto is a mixed-use skyscraper currently under construction in Toronto, Ontario, Canada. It is being built by Talon International Development Inc., which is owned by Val Levitan and Canadian businessman Alex Shnaider....
, Toronto (Anticipated completion is 2010). - The Palm Trump International Hotel and TowerTrump International Hotel and Tower (Dubai)Trump International Hotel & Tower was a proposed skyscraper hotel at the trunk of the Palm Jumeirah in Dubai. It was a joint venture between the Trump Organization and Dubai-based Nakheel, a government-owned company, and was announced on October 5, 2005. The hotel was expected to be a 300-room hotel...
, Dubai, United Arab Emirates. - Trump Ocean Club International Hotel and Tower, Panama City (anticipated completion is 2009).
- Trump Ocean Resort Baja MexicoTrump Ocean Resort Baja MexicoTrump Ocean Resort Baja Mexico was a failed luxury condominium-hotel resort located in the Playas de Tijuana borough of Tijuana, Baja California, Mexico, just 30 minutes south of downtown San Diego....
was a planned 3 tower, 25 story, 526 unit hotel condominium 30 minutes south of downtown San Diego. This project collapsed due to the project's failure to secure financing. - Trump at Cap Cana will be located in Punta Cana, Dominican Republic.
Other business ventures
Other investments include a 17.2% stake in Parker Adnan, Inc. (formerly AdnanCo Group), a Bermuda-based financial services holdings company. In late 2003, Trump, along with his siblings, sold their late father's real estate empire to a group of investors that included Bain CapitalBain Capital
Bain Capital LLC is a Boston-based private equity firm founded in 1984 by partners from the consulting firm Bain & Company. Originally conceived as an early-stage, growth-oriented investment fund, Bain Capital today manages approximately $65 billion in assets, and its strategies include private...
, Kohlberg Kravis Roberts, and LamboNuni Bank reportedly for $600 million. Donald Trump's 1/3 share was $200 million, which he later used to finance Trump Casino & Resorts
Trump Entertainment Resorts
Trump Entertainment Resorts, Inc. is a holding company that owns and manages two casinos/hotels in Atlantic City, New Jersey, United States. Formerly known as Trump Hotels & Casino Resorts, it was founded by Donald J. Trump, who was Chairman of the Board of Directors until his resignation in 2009....
.
Trump has succeeded in marketing the Trump name on a large number of products, including Trump Financial
Trump Mortgage
Trump Mortgage is a real estate financing company founded by Donald Trump and E. J. Ridings .In December 2006, it was reported that Ridings had exaggerated and invented items on his resume....
(a mortgage firm), Trump Sales and Leasing (residential sales), Trump University
Trump University
The Trump Entrepreneur Initiative is an online education company owned and founded by real estate businessman Donald J. Trump, Sr. It is part of the Trump Organization. It offers courses in real estate, asset management, entrepreneurship, and wealth creation, charging fees ranging from $1500 to...
(a business education company), Trump Restaurants (Located in Trump Tower and consisting of Trump Buffet, Trump Catering, Trump Ice Cream Parlor, and Trump Bar), GoTrump (an online travel website), Donald J. Trump Signature Collection (a line of menswear, men's accessories, and watches), Donald Trump The Fragrance (2004), Trump Ice bottled water, Trump Magazine, Trump Golf, Trump Institute, Trump The Game (1989 Board Game), Trump Vodka, and Trump Steaks. In addition, Trump reportedly receives $1.5 million for each one-hour presentation he does for The Learning Annex
The Learning Annex
The Learning Annex is a private continuing adult education school based in New York. It was founded in 1980 by Bill Zanker in his New York City studio apartment with an investment of only $5,000...
.