Trump’s ‘Canceled’ Empire Makes Comeback Rivaling Political Rise
- Trump Organization is on deal spree, especially in Middle East
- Income from golf and resort properties soared 60% since 2016
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The Trump Organization was looking battered just last year. Its businesses had already been convicted of criminal fraud. It was hit with a civil judgment of more than $450 million. Its longtime chief financial officer had been incarcerated (twice).
But as Donald Trump returns to the White House, his family real estate company is set for a revival that echoes his political comeback. Two lines of business that changed the most since he first took office — licensing the Trump name overseas and running golf and resort properties — are particularly equipped to profit.