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Former Speaker of the House Newt Gingrich on President Trump’s priorities and plans for dealing with the Washington bureaucracy.
president donald trump and his business career has long been talked about before his foray into politics.
The two-time president-elect and members of his family have ties to companies in sectors ranging from cryptocurrency and real estate to beverages and clothing.
Here are some companies linked to Trump or members of his family.
Trump Organization
The “Trump World Tower” located at 845 United Nations Plaza in New York City on February 17, 2024. (CHARLY TRIBALLEAU/AFP via Getty Images/Getty Images)
The Trump Organization is the company for which Trump and his family are best known. Sons Eric Trump and Donald Trump Jr., both executive vice presidents, have run it since 2017, according to the Trump Organization’s website.
The company has numerous hotels, golf courses, commercial buildings and others of great value real estate. He also handles the licensing of the Trump name.
The Trump Organization and the Donald J. Trump Revocable Trust “will continue to hold all of their (and President Trump’s) business investments and assets in a trust managed by their children” while the president is in the White House, according to a plan ethics obtained and published by USA Today.
The document also said that Trump “will have no role in making day-to-day decisions about the company or involvement.” Its investments will be “managed independently by external financial institutions.”
Other steps the company plans to take during Trump’s tenure were also detailed in the document, according to USA Today.
$Trump meme currency
President Donald Trump’s X account promoting his new $TRUMP coin is seen on a mobile phone screen. (Hakan Nural/Anadolu via Getty Images/Getty Images)
The Trump meme coin, $TRUMP, debuted on January 17th. They are “fungible crypto assets created and tracked on the Solana blockchain,” according to the meme coin’s website.
Over three years, $1 billion from TRUMP is expected to be available, according to the website. Initially, 200 million meme coins were up for grabs.
$Melania meme coin
The Melania Trump Token meme logo is displayed on a smartphone. (Omar Marques/SOPA Images/LightRocket via Getty Images/Getty Images)
Following the release of $TRUMP, the president’s wife, Melania Trumplaunched the $MELANIA crypto token.
Their meme coin is “intended for collectible and entertainment purposes only,” according to their website.
MELANIA TRUMP LAUNCHES CRYPTOCURRENCY MEME COIN AFTER PRESIDENT-ELECT TRUMP LAUNCHES HIS OWN
Trump Media and Technology Group
The logo of the social network Truth is seen on a smartphone. (REUTERS/Dado Ruvic/Illustration/Reuters Photos)
Trump’s social networking networkTruth Social, is under the umbrella of Trump Media & Technology Group Corp.
Documents filed with the Securities and Exchange Commission (SEC) in December showed that he put his 114.75 million shares in the company into the “Donald J. Trump Revocable Trust.”
| Ticker | security | last | to change | % change |
|---|---|---|---|---|
| DJT | TRUMP MEDIA & TECHNOLOGY GROUP CORP | 32.71 | -0.84 |
-2.50% |
The trustee of the trust is Trump Jr. It has “sole voting and investment power over all securities owned by the Trust,” according to an SEC filing.
Trump Media went public under the ticker “DJT” in the spring of last year. The company has a market capitalization of $7 billion.
Lara Trump’s sportswear brand
Lara Trump, the wife of Eric Trump, launched her activewear line LT Brand by Lara Trump Collection in November of last year. (Photo: Hannah Beier/Bloomberg via Getty Images/Getty Images)
Lara Trump, the wife of Eric Trump, launched her activewear line LT Brand by Lara Trump Collection in November of last year. Includes leggings, sports bras, t-shirts and other apparel.
“As a triathlete, former track runner, wife, mother and entrepreneur, I wanted to create something that reflected my passions, beliefs, and lifestylehe said on Instagram. “LT Brand combines style, comfort and performance, all while supporting American workers and factories.”
World Liberty Financial
Donald Trump gestures at the Bitcoin 2024 event in Nashville, Tennessee on July 27, 2024. (Reuters/Kevin Wurm/File Photo/Reuters Photos)
World Liberty Financial serves as a decentralized financial platform.
The platform says on its website that DT Marks DEFI LLC “owns approximately 60% of the interests in WLF Holdco LLC, which holds the sole membership interest of World Liberty Financial.” That entity has ties to Trump and “some members of his family,” according to the site.
“None of Donald J. Trump, his family members or any director, officer or employee of the Trump Organization or DT Marks LLC is an officer, director or employee of WLF Holdco LLC or World Liberty Financial, Inc., except that Eric Trump is one of the directors of WLF Holdco LLC, along with certain members of Donald J. Trump’s family, also owns $22.5 billion in WLFI tokens, and DT Marks DEFI LLC is entitled to receive fees from World Liberty Financial, Inc. pursuant to a service agreement, equal to 75% of proceeds from the sale of WLFI tokens after deducting reserves, expenses and other agreed amounts,” the website also said. he said
Trump and his two older sons posted about the project on social media ahead of its launch, FOX Business previously reported.
Trump Winery
Eric Trump is the president of Trump Winery, a 1,300-acre winery in Charlottesville, Virginia. (Dylan Rives/Getty Images for SOBEWFF/Getty Images)
Eric Trump is the president of Trump Winery, a 1,300-acre winery in Charlottesville, Virginia, according to its website.
The winery says on its website that it is a “registered trade name of Eric Trump Wine Manufacturing LLC, which is not owned, operated or affiliated with Donald J. Trump or any of his affiliates.” It produces a variety of wines, including red, white, sparkling and rosé.
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In addition to wine, Trump Winery began a foray in ciders last year, according to an Instagram post by the president’s second-oldest son.
The winery presented a “Presidential Reserve” sparkling wine on the opening day. Only 4,547 cases of the $245 wine were made.
