The Trump Organization in the context of "Privately owned"

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⭐ Core Definition: The Trump Organization

The Trump Organization, Inc. is an American conglomerate. Privately owned by Donald Trump, it consists of most of Trump's business ventures and investments, with around 250 of its affiliates and subsidiaries using the Trump name. Donald Trump joined the organization in 1968, began leading it in 1971, renamed it around 1974, and handed off its leadership to his children in 2017 after he won the 2016 United States presidential election.

The Trump Organization, through its various constituent companies and partnerships, has or has had interests in real estate development, investing, brokerage, sales and marketing, and property management. Trump Organization entities own, operate, invest in, and develop hotels, residential real estate, resorts, residential towers, and golf courses in various countries.

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The Trump Organization in the context of Donald Trump

Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who is the 47th president of the United States. A member of the Republican Party, he served as the 45th president from 2017 to 2021.

Born into a wealthy family in New York City, Trump graduated from the University of Pennsylvania in 1968 with a bachelor's degree in economics. He became the president of his family's real estate business in 1971, renamed it the Trump Organization, and began acquiring and building skyscrapers, hotels, casinos, and golf courses. He also launched side ventures, many licensing the Trump name, and filed for six business bankruptcies in the 1990s and 2000s. From 2004 to 2015, he hosted the reality television show The Apprentice, bolstering his fame as a billionaire. Presenting himself as a political outsider, Trump won the 2016 presidential election against Democratic Party nominee Hillary Clinton.

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