Business Career Of The 45th President of the United States
Trump in late 1985 with a model of "Television City," a development proposal for the former West Side rail yards, now Riverside South
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Donald Trump began his career as a businessman at his father's real estate company, Trump Management, which he later renamed the Trump Organization. He expanded its business to Manhattan, where his father's financial and political backing enabled him to do his first deals, demolishing and renovating landmark buildings. After overextending himself and narrowly escaping personal bankruptcy in the late 1990s, Trump entered various businesses that did not require capital funding, including licensing his name to lodging and golf course enterprises around the world. Building on his public persona in the New York tabloid press, he later starred in the reality TV show The Apprentice.
Trump partly or completely owned several beauty pageants between 1996 and 2015. He has marketed his name to many building projects and commercial products. Trump's unsuccessful business ventures have included numerous casinos and hotel bankruptcies, the folding of his New Jersey Generals football team, and the now-defunct Trump University.
After winning the 2016 presidential election and being inaugurated in January 2017, Trump resigned all management roles within the Trump Organization, and delegated company management to his sons Donald Jr. and Eric.[1] However, Trump retained his financial stake in the work document, which led to concerns about possible conflicts of interest.[2][needs update]
^"Trump hands over business empire to sons". BBC News. January 11, 2017. Retrieved January 11, 2017.
^Blumenthal, Paul (January 11, 2017). "Donald Trump Won't Divest From His Business Interests, Opening Door To Years Of Ethics Conflicts". HuffPost. Retrieved January 11, 2017.
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