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Donald Trump's Business Failures: A Complete Guide

TIME

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Reporting cited here

  1. reported

    Donald Trump launched GoTrump.com in 2006, and the travel-search site closed about one year later.

    GoTrump.com section

    GoTrump.com shut down after one year · Website closed

  2. reported

    Donald Trump promoted his premium Trump Steaks line in 2007, and TIME later reported that the company had been discontinued.

    Trump Steaks section

    The Trump Steaks product line was discontinued · Product line discontinued

  3. reported

    Trump Magazine launched in late 2007 and ceased publication about eighteen months later.

    Trump Magazine section

    Trump Magazine lasted roughly a year and a half · Publication ceased

  4. reported

    Trump Mortgage launched in April 2006 and closed approximately eighteen months later.

    Trump Mortgage section

    Trump Mortgage folded within eighteen months · Business closed

  5. reported

    Trump Shuttle never earned a profit under Donald Trump, defaulted on its debt, was turned over to creditors, and ceased operating in 1992.

    Trump Shuttle section

    Trump Shuttle defaulted and was surrendered to creditors · Business ceased operating in 1992

  6. reported

    Donald Trump and Milton Bradley forecast sales of two million copies of Trump: The Game, and Trump later acknowledged that the game was selling far below that forecast.

    Trump: The Game section

    Trump: The Game missed its two-million-copy forecast · Original product discontinued; later reissued

  7. documented

    The product missed its own public sales forecast, though a later edition was released.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    Trump: The Game sales forecast: Audit finding · Cited analysis

  8. reported

    Trump and Milton Bradley publicly forecast very large sales for the board game.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    Trump: The Game sales forecast: Promised · Promised

  9. reported

    The game launched using Trump's name, image, and business persona.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    Trump: The Game sales forecast: The record · The record

  10. documented

    Trump licensed his name and personally promoted the game's sales forecast.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    Trump: The Game sales forecast: The record · The record

  11. documented

    The operating outcome contradicted the successful-airline pitch. Industry conditions and acquisition debt were also material causes.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    Trump Shuttle acquisition and operating pitch: Audit finding · Cited analysis

  12. reported

    Trump promoted the acquired shuttle as a premium airline business bearing his name.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    Trump Shuttle acquisition and operating pitch: Promised · Promised

  13. reported

    The Trump organization began operating the former Eastern shuttle as Trump Shuttle.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    Trump Shuttle acquisition and operating pitch: The record · The record

  14. documented

    Trump acquired, branded, and controlled Trump Shuttle.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    Trump Shuttle acquisition and operating pitch: The record · The record

  15. reported

    Trump promoted Trump Shuttle as a premium branded airline business.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    Trump Shuttle creditor takeover: Promised · Promised

  16. documented

    Trump later acknowledged that sales were far below the forecast, and the original edition was discontinued.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    Trump: The Game sales forecast: Outcome · Outcome

  17. reported

    The record also identifies industry conditions and acquisition financing as relevant factors.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    Trump Shuttle acquisition and operating pitch: Evidentiary limit · Evidentiary limit

  18. documented

    The airline did not report a profit under Trump and was surrendered to creditors before it ceased operating.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    Trump Shuttle acquisition and operating pitch: Outcome · Outcome

  19. documented

    The Trump-branded airline ceased operating under his ownership.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    Trump Shuttle creditor takeover: Affected group · Affected group

  20. documented

    The transfer resolved corporate debt without a personal bankruptcy filing by Trump.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    Trump Shuttle creditor takeover: Evidentiary limit · Evidentiary limit

  21. documented

    Creditors took the airline over, against the original success pitch. The transaction did avoid a personal bankruptcy filing.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    Trump Shuttle creditor takeover: Audit finding · Cited analysis

  22. documented

    Following defaults, Trump surrendered the airline to its creditor group.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    Trump Shuttle creditor takeover: The record · The record

  23. documented

    Trump was the owner who transferred the airline to creditors.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    Trump Shuttle creditor takeover: The record · The record

  24. reported

    A later edition was released, so discontinuation of the original was not the end of all sales under the name.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    Trump: The Game sales forecast: Evidentiary limit · Evidentiary limit

  25. documented

    The domestic product missed the launch's market-dominance pitch, though licensing and limited sales continued in some markets.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    Trump Vodka launch and discontinuation: Audit finding · Cited analysis

  26. reported

    Trump promoted the vodka brand as a prospective leader in the premium market.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    Trump Vodka launch and discontinuation: Promised · Promised

  27. reported

    Trump licensed his name and promoted the product's launch.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    Trump Vodka launch and discontinuation: The record · The record

  28. documented

    Trump licensed his name and personally promoted the vodka brand.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    Trump Vodka launch and discontinuation: The record · The record

  29. documented

    The site closed, against the launch's durable travel-business pitch. The sources do not establish the economics of the licensing arrangement.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    GoTrump travel site launch and closure: Audit finding · Cited analysis

  30. reported

    Trump launched GoTrump as a branded travel-search and booking destination.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    GoTrump travel site launch and closure: Promised · Promised

  31. reported

    The website began operating under Trump's name and promotional role.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    GoTrump travel site launch and closure: The record · The record

  32. documented

    Trump supplied the name and public promotion for GoTrump.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    GoTrump travel site launch and closure: The record · The record

  33. documented

    The venture closed, against the launch's growth pitch. The housing-market downturn and management execution were also factors.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    Trump Mortgage launch and closure: Audit finding · Cited analysis

  34. reported

    Trump promoted the new mortgage company as a major branded financial-services venture.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    Trump Mortgage launch and closure: Promised · Promised

  35. reported

    Trump Mortgage began operations using Trump's name and public endorsement.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    Trump Mortgage launch and closure: The record · The record

  36. documented

    Trump founded, named, and publicly promoted Trump Mortgage.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    Trump Mortgage launch and closure: The record · The record

  37. documented

    The product's retail run was short, against the launch's durable premium-brand pitch. The cited sources do not isolate whether price, demand or distribution caused it.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    Trump Steaks retail launch and discontinuation: Audit finding · Cited analysis

  38. reported

    Trump personally promoted the steak line as a premium product worthy of his name.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    Trump Steaks retail launch and discontinuation: Promised · Promised

  39. reported

    The product launched through a retail and direct-sales arrangement.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    Trump Steaks retail launch and discontinuation: The record · The record

  40. documented

    Trump licensed his name and personally advertised Trump Steaks.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    Trump Steaks retail launch and discontinuation: The record · The record

  41. reported

    The sources do not establish a single cause for the retailer's decision or quantify consumer demand.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    Trump Steaks retail launch and discontinuation: Evidentiary limit · Evidentiary limit

  42. documented

    The mortgage venture closed after a short operating period.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    Trump Mortgage launch and closure: Affected group · Affected group

  43. reported

    The broader mortgage-market downturn and day-to-day management by others are relevant context.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    Trump Mortgage launch and closure: Evidentiary limit · Evidentiary limit

  44. documented

    The magazine folded, against the launch's durable luxury-media proposition. Day-to-day publication sat with the operating publisher rather than Trump.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    Trump Magazine launch and cessation: Audit finding · Cited analysis

  45. reported

    The magazine launch presented Trump's brand and lifestyle as the basis for a recurring luxury publication.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    Trump Magazine launch and cessation: Promised · Promised

  46. reported

    A publishing partner issued Trump Magazine under a brand arrangement with Trump.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    Trump Magazine launch and cessation: The record · The record

  47. documented

    Trump was the namesake, cover figure, and brand principal, while a partner operated the magazine.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    Trump Magazine launch and cessation: The record · The record

  48. documented

    The magazine ceased publication after a short operating period.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    Trump Magazine launch and cessation: Affected group · Affected group

  49. reported

    A separate publisher managed operations, and the financial crisis affected luxury publishing broadly.

    Trump Shuttle, Trump: The Game, mortgage, travel, magazine, vodka, and steak sections

    Trump Magazine launch and cessation: Evidentiary limit · Evidentiary limit