The Trump Organization

The Trump Organization is an international conglomerate that is privately owned and managed by Donald Trump and his three eldest children. Trump Organization serves as the principal holding company for its ventures into real estate development, investing, sales, and property management – which includes residential real estate, hotels, resorts, and golf courses. Other ventures of The Trump Organization include entertainment, publishing, financial services, food and beverages, education, airlines, and beauty pageants. The conglomerate also engages in retail, with its own brand of everything ranging from clothing to home furnishings to steaks.

The Trump Organization began as the real estate developer “Elizabeth Trump & Son” in 1923, which was then run by Donald Trump’s grandmother and father. Following its success, Donald Trump joined the company in 1968 and when given ownership in 1971, renamed the company to “The Trump Organization”.

The Trump Organization invested heavily in properties in Atlantic City during the 1980s to create “Trump Hotels and Casino Resorts”. This subsidiary went on to become a publicly traded company in 1995, selling a share at $14 – of which 56% was still owned by The Trump Organisation[1].

In 2000, The Trump Organization expanded from residential real estate development, to golf courses. Over the course of decade, The Trump Organization has opened 10 luxury golf clubs in the U.S and Scotland, with memberships costing about $300,000[1].

 Following their casino business’s lack of success in Atlantic City coupled with the U.S. recession of 1990, The Trump Organization has filed for bankruptcy 4 times – in 1991, 1992, 2004, and 2009[2]. After owing almost $1.2 billion in debts and filing for bankruptcy in 2004, the subsidiary Trump Hotels & Casino Resorts sold the Trump Taj Mahal, Trump Plaza and Trump Marina to Landry’s Restaurants, Inc.[3] It has also dissolved several sub-businesses including Trump Airlines, Trump Vodka, and Trump University[4].

[1]: http://www.fundinguniverse.com/company-histories/the-trump-organization-history/

[2]: http://www.vanityfair.com/news/2015/06/donald-trump-companies-bankruptcy-atlantic-city

[3]: http://bigstory.ap.org/article/b4b87d96fc274c32b1092a7c28270e36/taj-mahal-casino-out-bankruptcy-icahns-hands

[4]: http://gawker.com/a-complete-list-of-donald-trump-s-business-disasters-1764151188

Type
Private
HQ
New York, US
Founded
1923
Size (employees)
22,450 (est)+50%
Website
trump.com
The Trump Organization was founded in 1923 and is headquartered in New York, US

Key People at The Trump Organization

Allen Weisselberg

Allen Weisselberg

Chief Financial Officer
Jim Petrus

Jim Petrus

Chief Operating Officer
Donald Trump Jr.

Donald Trump Jr.

Executive Vice President

The Trump Organization Office Locations

The Trump Organization has an office in New York
New York, US (HQ)
Trump 725 5th Ave

The Trump Organization Data and Metrics

Summary Metrics

Founding Date

1923

The Trump Organization Financial Metrics

The Trump Organization's revenue was reported to be $9.5 b in 2014 which is a 11% decrease from the previous period.
USD

Revenue (Y, 2014)

9.5 b
USDY, 2003Y, 2007Y, 2014

Revenue

8.5 b10.7 b9.5 b
USDY, 2014

Revenue/Employee

423.2 k

Traffic Overview of The Trump Organization

The Trump Organization Online and Social Media Presence

The Trump Organization News and Updates

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As the White House tried to contain reports that President Donald Trump shared highly classified information with Russia, one of the Trump Organization's hotels was apparently vandalized Monday evening. Reports of a light being projected on the Trump International Hotel in W…

All the times Trump and his sons touted the Trump Organization’s Russian business ties

Lawyers for US president Donald Trump say that a review of his income taxes shows that he made at least $100 million from Russian business…

A complete timeline of Trump's years-long feud with Rosie O'Donnell

President Donald Trump on Thursday dug up a months-old tweet from Rosie O'Donnell to quip about FBI Director James Comey's recent firing. O'Donnell's tweet, from December 20, 2016 read: "FIRE COMEY." The tweet ostensibly referenced consternation among some Democrats who beli…

All the bombshell developments in the Trump-Russia controversy that has led to congressional investigations

During the 2016 presidential election, the Russian government, directed by President Vladimir Putin, waged an "influence campaign" aimed at undermining Hillary Clinton's candidacy and aiding Donald Trump, according to a report by US intelligence agencies. The campaign includ…

Seeking a Leader of the Free World to fill a recently created vacancy

This is what the leader of the free world does https://t.co/X6Jw122oHh — Anne Applebaum (@anneapplebaum) May 2, 2017 Dear ________ As requested, Global Political Recruitment…

The incredible sadness of reading Ivanka Trump’s “Women Who Work” after reading her father’s views on women

Ivanka Trump, Donald Trump’s oldest daughter, has a new book out this week called Women Who Work. It’s a bland guide aimed at helping women…
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The Trump Organization Company Life and Culture

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