Trump Winery Trump Winery is a winery situated on Trump Vineyard Estates near Charlottesville, Virginia. It is valued between $5 million and $25 million.[205] The vineyard was purchased by Trump in April 2011 from Patricia Kluge, the widow of John Kluge. The property was distressed.[206] and was officially opened in October 2011.[207] Trump Winery is situated in the Monticello Wine Trail. Trump's son Eric was a partner in the purchase.[208] After purchasing the property, Trump turned over management of the winery to his son. Golf courses Main article: Donald Trump and golf The Trump Organization owns or manages sixteen golf courses in the United States, Scotland, Ireland, and the United Arab Emirates.[209] As of 2015, Trump listed income of at least $176 million in an 18-month span from his golf courses—about 41% of the low-end estimate of his income.[205] United States Trump National Golf Club, Los Angeles Trump Turnberry golf course, Scotland Trump International Golf Club, West Palm Beach, Florida Trump National Doral Miami: An 800-acre (320 ha) resort with five golf courses, 700 hotel rooms, a spa, meeting spaces, and retail outlets. Trump bought the property out of bankruptcy in 2012 for $150 million, and has spent over $250 million on renovations.[210] Its value has been estimated at over $1 billion, and there was a $125 million mortgage on the property as of 2013.[181] Trump National Golf Club, Bedminster, New Jersey Trump National Golf Club, Charlotte, North Carolina Trump National Golf Club, Colts Neck, New Jersey Trump National Golf Club, Hudson Valley, New York Trump National Golf Club, Jupiter, Florida Trump National Golf Club, Los Angeles Trump National Golf Club, Philadelphia Trump National Golf Club Washington, D.C., Potomac Falls, Virginia Trump National Golf Club, Westchester, New York International Trump International Golf Club, Dubai: A golf course owned by Damac Properties and managed by the Trump Organization.[211] Located in the Damac Hills residential development, it opened in 2017.[211] Trump's involvement with Damac head Hussain Sajwani has been cited as a source of possible conflicts of interest for Trump's presidency.[212][213] Trump International Golf Links and Hotel Ireland Trump International Golf Links, Scotland: A links course built in Balmedie, Aberdeenshire. The development of the course was controversial because of local concerns about the environmental impact, as well as a legal battle over the construction of a nearby offshore wind farm. Trump Turnberry: A historic golf resort with three courses and a hotel, located in South Ayrshire, Scotland. Trump purchased the property in 2014, despite having threatened to withdraw any further investment in Scotland amid the wind farm controversy.[214] Trump World Golf Club, Dubai: A second golf course under construction by Damac in its Akoya Oxygen housing development.[215] In February 2021, it was announced that the opening of the golf course was delayed until at least 2022. It was being asserted that the delay was due to the COVID-19 pandemic, but the Emirati developers were struggling to finish the real estate projects even before the pandemic.[216]
Real estate licensing Trump International Hotel, Las Vegas Turkish Prime Minister Erdoğan attended the opening of the Trump Towers Istanbul AVM in 2012. Many developers pay Donald Trump to market their properties and be the public face for their projects.[217] For that reason, Trump does not own many of the buildings that display his name.[217] According to Forbes, this portion of Trump's empire, actually run by his children, has a valuation of $562 million. According to Forbes, there were 33 licensing projects under development including seven "condo hotels" (the seven Trump International Hotel and Tower developments). Trump has generated more than $74 million in real estate licensing deals and has $823.3 million worth of real estate in joint ventures.[181] 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 (36-story, Y-shaped plan condominium building on the Upper East Side) 610 Park Avenue (Old Mayfair Hotel): Trump is helping with the construction and development of this property for Colony NorthStar. Trump SoHo: Former name of The Dominick, originally a partnership with Bayrock Group. The SoHo hotel was rebranded following The Trump Organization's exit from the project.[218] "Russian-born" Felix Sater was listed as an employee of Bayrock when the partnership was born. Sater had served time in prison for injuries he inflicted in a bar fight before the Soho partnership.[98] New York City suburbs: Trump Bay Street: A 447-unit rental apartment building in Jersey City with the real estate development company, Kushner Properties and The KABR Group.[219] Trump Plaza: An apartment tower located adjacent to Trump Bay Street. Trump Plaza: A 39-story luxury residence and hotel with retail space in Westchester County, NY with developer Louis R. Cappelli. Trump Tower at City Center: A 35-story condominium apartment building built in Westchester County, New York with developer Louis R. Cappelli. Trump Parc Stamford: A development in Stamford, Connecticut with F. D. Rich Company and Louis R. Cappelli. Trump Park Residences: A development in Shrub Oak, NY with Louis Cappelli. Florida: Trump International Hotel and Tower Fort Lauderdale: Anticipated completion was 2007. Trump "decided to pull his name from the marquee and end his agreement with the developers" in 2009[220] and the developers defaulted on a $139 million loan in 2010, leaving the building faced with foreclosure.[221] In November 2010, Trump announced he was no longer affiliated with the project.[222] 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 200-unit, 41-story condominium tower in Hollywood, Florida,[223] developed by Jorge M. Pérez and The Related Companies. Announced in 2006 and began construction a year later.[224][225] Opened in 2009 and foreclosed the following year,[226][227][228] before selling out in 2012.[223] Trump Tower: Cancelled project in Tampa, Florida. Other domestic: Trump Towers Atlanta: project foreclosed and cancelled.[229][230] Trump Tower: empty lot in Philadelphia, filed for bankruptcy as of January 2013 to prevent imminent foreclosure.[231] Trump International Hotel and Tower Waikiki Beach Walk: Completed in November 2009 with 462 hotel-condominium units. Trump International Hotel & Residence: was a proposed real estate development in Phoenix, Arizona, that was cancelled on December 21, 2005. Trump International Hotel and Tower: New Orleans (Project slated to begin construction during the first quarter of 2007). "Declared dead in July 2011 after the location land was foreclosed on and sold at auction".[citation needed] Trump International Hotel and Tower Chicago: Completed in early 2009 (Opened to public January 30, 2009). Cost of construction was about $847 million.[23
International: Elite Tower, Ramat Gan, Israel was a planned commercial real estate development slated to be the tallest building in Israel. Called the Trump Plaza Tower, Trump shelved the plans in 2007, when the site was sold on to Azorim for NIS 306.5 million.[233][234] Trump purchased the site for $44 million.[235] Trump International Hotel & Tower Lido Lake, West Java, Indonesia. Trump Hotels will be involved with the 700-hectare Lido Lake development, one hour from Bandung, Indonesia including a six-star luxury resort, 18-hole signature Ernie Els championship golf course, elite Lifestyle Country Club & Spa as well as a high-end residential offering including luxury villas and condominiums.[236][237] One of the Trump Organization's partners in Indonesia is Tanoesoedibjo, who is "building up a following as he mulls a presidential run", according to Forbes.[97][98] MNC Lido City is partially funded by the Chinese government.[238][239] Trump International Hotel & Tower Vancouver, Vancouver. The 63-story, 188-metre-high (617-foot), mixed-use tower in Downtown Vancouver, British Columbia, Canada, was primarily a project of Donald Trump Jr. and the CEO of Malaysian company TA Global Berhad. It was completed in 2016.[97] The Trump hotel occupies the first 15 floors of the building.[240] The hotel had reported declining revenue in 2019 and closed in March 2020. Its owner, a subsidiary of TA Global Berhad, filed for bankruptcy in August 2020.[241][242] Trump Towers Istanbul, Istanbul, Turkey[243] Trump World Seoul, Korea: Which Trump received a licensing fee of $5 million to lend his name. The Palm Trump International Hotel and Tower, Dubai Trump Ocean Resort Baja Mexico was a planned 3-tower, 25-story, 526 unit hotel condominium, 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. Trump Tower Manila, Makati City, Metro Manila, Philippines: The brand name and mark under license. Anticipated completion is to be announced.[citation needed] Philippines president Rodrigo Duterte "appointed Trump partner Jose Antonio to serve as a special envoy to the United States just before Trump's November victory".[98] Trump Tower, Mumbai, India.[244] "Billionaire Mangal Lodha is developing a 75-story, 300-apartment luxury residential project called Trump Towers building while serving as a regional vice president of a major political party."[98][245] Trump Towers Pune, India, built in association with Panchshil Realty in Pune's Kalyani Nagar area.[244][245] Trump Towers, Gurugram, India, is the largest super-luxury residential development in India with 1.25 million-square-foot project near Golf Course Extension Road, which will be built by IREO alongside a retail complex.[245] Trump Towers, Gurugram, India is the second project in Gurgaon tied up with developer M3M India to build a residential building in Gurgaon.[245] Trump Towers Kolkata, India, is the result of tie up with Unimark Group and Trump Organization to build a 38 floor 400,000 sq. ft. residential project near Eastern Metropolitan Bypass stretch, Kolkata.[245] As of February 2017 in South America, the Trump Organization had one active project: the Trump Tower Punta del Este in Punta del Este, Uruguay. By that time, the company had ended its involvement with two projects in Rio de Janeiro, Brazil: the partially built Trump Hotel Rio de Janeiro and the unbuilt Trump Towers Rio office complex. The company also dropped plans for another office project,[246] the 35-story Trump Office Buenos Aires,[247] which was to be built in Buenos Aires, Argentina.[246] Paulo Figueiredo Filho partnered with the organization in Brazil and "worked mostly with the [Trump] children".[97] Trump International Hotels Management LLC The company, which did business as the Trump Hotel Collection (THC) until it was renamed Trump Hotels, manages Trump properties and Trump-branded hotels, residential buildings, and golf courses worldwide.[248][249][250] In 2008, THC formed a consortium with the Evergrande Real Estate Group and a Hongkong-based fund to bid on the construction of the tallest skyscraper in Guangzhou. The bid fell apart when Evergrande withdrew during the global recession.[251][252][253] In 2012, Trump Hotels opened an office in Shanghai and in 2014 entered into a branding and management partnership with the State Grid Corporation of China, China's largest state-owned company, for a major development in Beijing. The project was abandoned a few months into Trump's 2016 presidential campaign when Chinese authorities began a corruption investigation into State Grid
I don't have to. Your premise was undermined by yourself, using examples that were not indicative of what you were saying. At this point you are arguing with yourself. You should have done your research before posting, not simply assuming what you've been told is true. But then, that's the nature of a cultish Trump supporter - believe what the orange felon tells you, even though he demonstrably lies through his teeth. He is a convicted felon, after all.
Also, let's be honest, the fact he managed to take what he was left by his father which would be valued at around $12Bn in today's money, and turn into about a quarter of that, in INVESTMENT PROPERTIES, one of the few areas that are normally guaranteed to go UP in value, shows he's a piss-poor businessman.
The complete opposite is true. He took huge risks by investing all that money and spreading out his real estate empire. It could have easily all gone bankrupt. But I don't expect keyboard warriors to understand that
I mean ... he tells you he is doing it on purpose. And technically he does say ... "I agree". It's a horrible answer nonetheless.
He's a convicted felon who is a narcissistic fascist. He clearly has dementia, favors Putin over America and follows Hitler's playbook. You support a completely amoral individual and cannot critically evaluate and support an argument. If this were 1930s Germany, you would be a Nazi.
REPOST!! That abomination has been posted before? I am so happy I bail out of threads once there are 5 consecutive music posts; saves a lot of of wear and tear on my eyes and ears
All you did is list his real estate holdings, not what he bought them for, how much he put into them (personally) nor what the current value(s) are as set by independent assessors. You are also ignoring that he was found guilty of fraud for misrepresenting the value of (some of) his properties in NY. Additionally, all his current "businesses" are real estate. @usscouse gave examples of a number of non-real estate businesses that failed. Oh, and I can't wait for the earnings report on $DJT. A company valued in the billions based on stock price, yet it will probably have less than $100m in revenue, let alone earnings.
WTF are you talking about? If he'd just kept the investments he had and maintained them he'd be worth MORE then he is now. He's actually worse off than if he'd done nothing.
Maybe Trump should release his tax reports for the last couple of decades so we can see how bigly successful he is and make sure that none of his money has come from overseas adverserial dictators!
Forbes says that the claims that he would've made more investing daddy's reichsmarks in the S&P 500 aren't true...up to COVID. Then his business & political fortunes dipped and the S&P 500 was a better investment https://www.forbes.com/sites/danale...just-invested-his-inheritance-into-the-sp500/
There has been criticism of how Forbes estimates net worth of individuals, particularly those who don't have a lot of public investments, such as Trump.
I think valuations of someone like Trump, the valuation of whom seems to go up and down depending on hos he feels on the day, is EXTREMELY questionable. So quite how they're coming up with their figures is a bit of a mystery, tbh.