Trump received a Bachelor of Science in economics from the University of Pennsylvania in 1968, and his father named him president of his real estate business in 1971. Trump renamed it the Trump Organization and reoriented the company toward building and renovating skyscrapers, hotels, casinos, and golf courses. But then the fun begins as one of the hardest things to observe is that he was working on a different level of business. At his numbers, losing a quarter million in a year is like most people paying a traffic ticket.
His talent in finances is he can make money. But his best way was using his name. The Trump name has been licensed for various consumer products and services, including foodstuffs, apparel, adult learning courses, and home furnishings. According to an analysis by The Washington Post, there are more than 50 licensing or management deals involving Trump’s name, and they have generated at least $59 million in revenue for his companies.
And this continues today. The Trump Organization first major work since his presidency was a signed agreement to license its brand to a housing and golf complex set to be built in Oman by a Saudi Arabian developer, according to the New York Times.
The $1.6 billion project, known as Aida, will be developed by Dar Al Arkan. In addition to the golf course, the development will include an estimated 3,500 residential units, 450 hotel rooms and luxury destinations. The financial terms of the deal with the Middle East developer were not disclosed. But with that volume, you can be sure it ain’t hay.
wy69
All these things one can find quotes from his history of his real estate deals and they are valid, but has anyone ever read his life story written by himself in “The Art of the Deal”. I read it back when he started teasing about running for President. I had never watched anything about the man or his life. I knew his name, but nothing else. So I bought the book and found him a very interesting man. READ IT and see the real man. He is a bit of a germafobe so I doubt that he ever “picked up” a woman. He scouted them out first and married them. He didn’t say that, I just observered his life.