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Is Trump good at business? What happened in these cases
Posted on: April 19, 2025 at 12:11:27 CT
KCT-BoneTiger MU
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Here's a list of notable failed or defunct Trump businesses, along with brief descriptions:
1. Trump University (2005–2010)
A for-profit education company offering real estate seminars.
Shut down after multiple lawsuits alleging fraud. Settled in 2016 for $25 million.
2. Trump Steaks (2007)
Sold through The Sharper Image and QVC.
Failed due to poor sales and customer reception; pulled from shelves shortly after launch.
3. Trump Airlines (1988–1992)
Trump bought Eastern Air Shuttle, rebranded it, but it struggled financially.
He defaulted on loans and the airline was repossessed by creditors.
4. Trump Vodka (2006–around 2011)
Launched with the slogan “Success Distilled.”
Failed due to poor sales and limited market appeal.
5. Trump Ice (Trump Natural Spring Water)
Bottled water branded with the Trump name.
Sold in limited venues (like Trump properties) but faded from distribution.
6. Trump Magazine (2007–2009)
A lifestyle magazine targeting wealthy readers.
Failed due to lack of ad revenue and circulation.
7. Trump: The Game (1989, re-released 2004)
A board game modeled after Monopoly.
Poor sales, widely panned by critics.
8. Trump Mortgage (2006–2007)
Entered the mortgage market just before the 2008 crash.
Closed within a year due to poor management and the housing market collapse.
9. Trump Casinos / Trump Entertainment Resorts
Multiple Atlantic City properties (Trump Taj Mahal, Trump Plaza, Trump Marina).
Filed for bankruptcy several times (1991, 2004, 2009).
Eventually sold or shuttered.
10. Trump Tower Tampa (Never Built)
Announced in 2005 but never constructed.
Developer defaulted; buyers lost deposits.
11. Trump Network (2009–2011)
Multi-level marketing company selling vitamins and health products.
Shut down after lawsuits and failing to gain traction.
12. GoTrump.com (2006)
A travel booking website launched to compete with Expedia, etc.
Site shut down after a short time due to lack of use.
13. USFL Move to Fall Schedule: Trump advocated for moving the USFL's schedule to the fall to compete directly with the NFL, a strategy that ultimately led to the league's downfall. The USFL filed an antitrust lawsuit against the NFL but won only a nominal $1 verdict, which was tripled to $3 due to antitrust laws. The league folded shortly thereafter.
Trump's tenure with the Generals is often cited as a significant factor in the USFL's collapse, as his aggressive tactics and push to challenge the NFL head-on were viewed as contributing to the league's financial instability
1. Trump University (2005–2010)
A for-profit education company offering real estate seminars.
Shut down after multiple lawsuits alleging fraud. Settled in 2016 for $25 million.
2. Trump Steaks (2007)
Sold through The Sharper Image and QVC.
Failed due to poor sales and customer reception; pulled from shelves shortly after launch.
3. Trump Airlines (1988–1992)
Trump bought Eastern Air Shuttle, rebranded it, but it struggled financially.
He defaulted on loans and the airline was repossessed by creditors.
4. Trump Vodka (2006–around 2011)
Launched with the slogan “Success Distilled.”
Failed due to poor sales and limited market appeal.
5. Trump Ice (Trump Natural Spring Water)
Bottled water branded with the Trump name.
Sold in limited venues (like Trump properties) but faded from distribution.
6. Trump Magazine (2007–2009)
A lifestyle magazine targeting wealthy readers.
Failed due to lack of ad revenue and circulation.
7. Trump: The Game (1989, re-released 2004)
A board game modeled after Monopoly.
Poor sales, widely panned by critics.
8. Trump Mortgage (2006–2007)
Entered the mortgage market just before the 2008 crash.
Closed within a year due to poor management and the housing market collapse.
9. Trump Casinos / Trump Entertainment Resorts
Multiple Atlantic City properties (Trump Taj Mahal, Trump Plaza, Trump Marina).
Filed for bankruptcy several times (1991, 2004, 2009).
Eventually sold or shuttered.
10. Trump Tower Tampa (Never Built)
Announced in 2005 but never constructed.
Developer defaulted; buyers lost deposits.
11. Trump Network (2009–2011)
Multi-level marketing company selling vitamins and health products.
Shut down after lawsuits and failing to gain traction.
12. GoTrump.com (2006)
A travel booking website launched to compete with Expedia, etc.
Site shut down after a short time due to lack of use.
13. USFL Move to Fall Schedule: Trump advocated for moving the USFL's schedule to the fall to compete directly with the NFL, a strategy that ultimately led to the league's downfall. The USFL filed an antitrust lawsuit against the NFL but won only a nominal $1 verdict, which was tripled to $3 due to antitrust laws. The league folded shortly thereafter.
Trump's tenure with the Generals is often cited as a significant factor in the USFL's collapse, as his aggressive tactics and push to challenge the NFL head-on were viewed as contributing to the league's financial instability
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Is Trump good at business? What happened in these cases - KCT-BoneTiger MU - 4/19 12:11:27