A Guide To Donald Trump's Business Career

A Guide to DONALD TRUMP's Business Carer Donald Trump's business career has been a veritable rollercoaster ride of his own making – as with most Trump-ian pursuits. Let's take a look at Trump's biggest successes and failures. | SUCCESSFUL BUSINESS VENTURES Grand Hyatt Hotel (1974-) Turned deteriorating Commodore Trump Place (1974-) Initially intended to become"Television City" Following years of negotiation, residential complex opened on Upper Wollman Rink (1986-) Renovated for Mayor Koch $350k under budget. Hotel into lavish Manhattan cornerstone. West Side. Trump Tower (1980-) Iconic skyscraper stands on 5th Ave., just below Central Park. Labor lawsuit concerning controversial 40 Wall Street Trump International Tower Chicago (1995-) Bought for $1MM, renovated for $35MM, worth $500MM. (2005-) 2nd tallest hotel in Chicago was named best large city hotel in North America in 2010. construction settled in 1999. The Apprentice Trump Model Management (1999-) One of Manhattan elite boutique model agencies. Currently the defendant in multiple lawsuits. (2004-) Successful show spawned"Celebrity Apprentice" spinoff. NBC cut ties with Trump in 2015, but show expected to continue. FAILED BUSINESS VENTURES 5 4 YEARS YEARS YEARS Trump: The Game (1989-1990); (2005) Monopoly-styled board game discontinued, revived as tie-in to“The Apprentice" and discontinued again. Trump Vodka Trump Airlines (2006-2011) (1988-1992) "Trump and Tonic" never became America's most popular cocktail, as Trump forecast. Bought for $365 million as Eastern Air Shuttle, Trump planned to turn blue-collar airline into luxury fleet. It never turned a profit. 20 YEARS TRUMP 1.5 YEARS YEARS Trump Entertainment Resorts GoTrump.com Trump Magazine (2007-2008) (1995-2015) (2006-2007) Casino entity has filed for bankruptcy 4 times. Trump resigned Search engine for luxury travel deals included private jets and 120% price guarantee. High-end lifestyle magazine saw initial success "cashing in on the booming advertising market for yachts." from board in 2009 but maintains 28% stock share. 15 YEARS YEARS YEARS Trump Steaks (2007-c.2012?) Unknown when company bowed, but possibly in 2012 after Vegas chain shut down following 51 health code Trump University (2005-2011) Un-accredited, for-profit school has been sued twice, most recently for $40 million by NY Attorney General. Trump Ice (c.1995-2010) First served at his casinos, Trump claimed "it was so good that people wanted to buy cases of it!" violations. 1.5 22 YEARS YEARS Trump Mortgage New Jersey Generals (2006-2007) (1983-1985) Predicted by his son to be #1 US home-loan lender. Shuttered amidst housing crash and Bought USFL team, sold away, and reacquired. Team and league ended following year. discovery that top executive had worked on Wall Street for just 6 days. 20 15 42% SUCCESS RATE. THAT'S YEARS YEARS 4 2 YEARS YEARS YEARS 5 6 1 1.5 YEARS 1.5 2 YEARS Which is an excellent YEARS YEARS YEARS YEARS baseball batting His failures have an average lifespan of 4.6 YEARS, excluding outliers. With a median of 4 YEARS. average. SO HOW MUCH IS TRUMP REALLY WORTH? TRUMP $10B+ FORBES $4B BLOOMBERG $2.9B NORTH FORK BANK (2005) $1.2B WALL STREET JOURNAL $1.5B+ IT'S A BIT MUDDIED. DEUTSCHE BANK $788MM NEW YORK TIMES (2005) $150-$250MM HOLDINGS STOCK PORTFOLIO $33.4 - 87.9MM 500 entities in - -391 of which bear the Trump name, which he values at which he is a trustee, president, chairman or member $3,320,020,000 But this year alone he's lost more than a dozen multi-million dollar deals. UNIVISION Serta NBCUniversal Televisa AVIATION PGA PVH FAROUK SY STEM S HINISTRAT TELETICA INASCAR *macys ESPIT NYC PERFUMANIA JOsé ANDRÉS ora AMERICA'S LEADING PERFUMERY CHAIN GEOFFREY ZAKARIAN CERVECERIA It's also not entirely clear Trump's fortune was made by him at all. $200MM (1982 net worth) $8B reinvested dividends S8B $7B $40MM reinvested 1982-2014 S&P 500 Index $6B dividends 1974-2015 $5B S&P 500 Index $4B $3B $3B 1974 $2B Inherited $40MM $1B Depending on how much you think he's currently worth, Trump might've made more money by just riding out the S&P Index. It's possible he's even lost a few billion. Though, to be clear, we're not saying that for certain. (We're loath to lawsuits, and Trump's had a few.) Either way, it's a moot point, because one thing is for certain: TRUMP STILL HAS MORE MONEY THAN YOU. internationalbusinessguide.org CITATIONS: www.businessinsider.com/trump-businesses-that-no-longer-exist-2014-10?op=1 content.time.com/time/specials/packages/completelist/0,29569,2068227,00.html time.com/3988970/donald-trump-business/ www.forbes.com/profile/donald-trump/ www.businessinsider.com/donald-trump-career-timeline-history-2015-9 www.theatlantic.com/business/archive/2015/07/donald-trump-bad-businessman/397517/ www.motherjones.com/kevin-drum/2015/09/donald-trump-has-lost-between-1-and-6-billion-over-his-business-career abcnews.go.com/Politics/companies-dumped-donald-trump/story?id=32162703 FEDERAL 5 Rabbit LO NOI