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Every Trump Business That Went Bankrupt
Apr 11, 2025
Trump’s business record isn’t just real estate towers and licensing deals—it’s also littered with abandoned ventures that didn’t deliver on their promises. While some collapsed under market forces, others stumbled from mismanagement, bad timing, or branding that simply didn’t hold up. These failures are key to understanding how the Trump brand has operated over time.
Trump University
It was marketed as an insider education in real estate, but Trump University operated without accreditation and was staffed by instructors with little to no industry success. Legal scrutiny followed quickly, with lawsuits alleging fraud and deceptive practices. By 2017, the enterprise ended in a $25 million settlement and closed the chapter on a venture that left thousands disillusioned.
Trump Casinos
From the Trump Taj Mahal to Trump Plaza, the current president’s casinos promised extravagance but hemorrhaged money. The Taj Mahal alone filed for bankruptcy multiple times before closing in 2016. Trump Castle and Trump World’s Fair didn’t fare much better. These ventures highlight a pattern: high-profile launches, overwhelming debt, and eventual fire-sale exits under new names.
Trump Mortgage
Launched in 2006 as the housing market teetered on collapse, Trump Mortgage failed to secure credibility or sustainable revenue. Its CEO exaggerated his resume, and the company was derailed by the 2008 mortgage crisis. Less than 18 months after its debut, it folded—another example of bold branding colliding with an unforgiving market.
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