Your Economy (No Politics)

[mr40]

The Trump family income comes from investments made decades prior to his election.

The Trump Organization is a group of about 500 business entities of which Donald Trump is the sole or principal owner. About 250 of these entities use the Trump name.

The organization was founded in 1923 (97 yrs. ago) by Donald Trump's grandmother, Elizabeth Christ Trump, and father, Fred Trump, as E. Trump & Son.

Donald Trump began leading it in 1971, renamed it around 1973, and handed off its leadership to his children in 2017.

Some Trump properties most people don't know about!

The Trump Organization operates the Central Park Carousel, a merry-go-round located in Manhattan's Central Park. In 2010, Trump took over the management of the carousel, where he promised to revive the merry-go-round after its previous operator was removed by the city's parks department. The carousel generates $589,000 from annual admissions. The Trump Organization has a contract to operate the carousel through 2021.

The Trump Organization operates the Wollman and Lasker rinks, both in Central Park, jointly with Rink Management Services of Mechanicsville, Virginia.

In 1986, Trump offered New York City mayor Ed Koch to rebuild the deteriorating Wollman Rink at his expense within six months in return for the leases to operate the rink and an adjacent restaurant to recoup his costs.
The work was completed two months ahead of schedule and $750,000 under the estimated costs.
As part of the agreement to keep operating Wollman Rink, Trump agreed to also take a concession for the Lasker Rink as well, and the Trump Organization won concessions for the rinks in 1987.

The Trump Organization and Rink Management Services won the concessions to operate both rinks when the concessions were renewed in 2001.

The Trump name is prominently displayed on the walls of the Wollman Rink as well as on the Zamboni that maintains it. It generates close to $8.7 million in annual income from rink admissions.
The Trump Organization has a contract to operate the rinks through 2021.

The Biden family were never businessmen - although they tried and failed.
There is NO comparison between the income from a long established profitable business and taking millions from a proven corrupt company!