Trump Family Real Estate Company  in NY Poised for Revival in 2025

By: Benyamin Davidsons

The Trump Organization suffered bitterly last year, as newly-inaugurated President Donald Trump had been beset with criminal fraud allegations and the company had been in and out of countless court hearings.  It was charged with a civil judgment of more than $450 million.

As reported by the Crain’s NY, however, the tide has turned and with Trump’s historic comeback to the White House, his family real estate company is set for a renewal too. The two lines of business which are most ripe for profit are licensing the Trump name overseas and running golf and resort properties.  Trump Organization, after all it went through, has now cast aside earlier promises to limit conflicts of interest between the company and Presidential influence.  The close-knit family company said they already  tried that safe route, only to be investigated on every angle.  Trump has doled over management of his company to his sons and put his assets in a trust, even though critics say these measures aren’t sufficient to fully divorce him from the business empire.

The Trump Org’s new ethics plan has loosened on a previous restriction– though new deals with foreign governments are off limits, they are now open to pursuing deals with foreign companies. “There’s no question: We’re living the best days the Trump Organization has ever had,” Eric Trump, the president-elect’s son who is now largely in charge of managing the company, said in a recent interview.  “We were probably the most canceled company in the country,” Eric Trump said of the Trump Organization’s name licensing in 2017. Now, it’s a different story, he said.

As Donald Trump takes office as the 47th President of the United States, he is more than twice as rich as he was when he first took office as the 45th president, Crain’s reported.  This comes despite the seemingly irreparably blows to him and his company, which included two impeachments, and multiple felony convictions. Trump, 78, enters the Oval Office as one of the richest people in the world, with a net worth of $7.2 billion, as per the Bloomberg Billionaires Index. Back in January 2017, when he was first sworn in, his estimated net worth had been $3 billion. By January 2021, after the 2020 election upset and as the pandemic struck upending real estate values,  his wealth had dipped to $2.5 billion.

The majority of his wealth now, on paper, comes from his shares in Trump Media & Technology Group, the social media company-turned-meme stock of which his initials are the ticker symbol.  The president’s personal financial disclosure reports show that the family business’s income from golf and resort properties also jumped some 60 percent between 2016 and 2023, Crain’s reported.  Also, the company has been busy making deals abroad, especially in the Middle East, where it leased its brand to new projects in Saudi Arabia and the United Arab Emirates.  Trump Org partnered with Dar Global, the international real estate arm of a Saudi property developer, on a project for a luxury villa community and 18-hole golf course in Muscat, the capital of Oman, to be completed in 2028.

Trump reported earning $2.5 million from this project on his 2023 disclosure.   Per Crain’s, it also entered a significant licensing deal for a Serbian property being developed by Affinity Partners, the investment firm of Trump’s son-in-law Jared Kushner.