I hope this can stay out of politics, and just concentrate on
economics, but hey, this is CD. So lets talk Trump
Business.
Anyway, Trump seems to think his "brand" is worth about 6 Billion dollars. This calculation comes from his claim that he is worth $10B while the people who track such things put his net worth at only $4B.
So, the question to me is... how valuable is that brand really?
As a comparison, the Disney Brand is very tangible and incredibly valuable. I don't think anyone doubts that. You can see in the many movies, parks, souvenirs, cruises, etc... all the things that many families flock to - primarily because it has the Disney name on it.
Almost everything "Trump" I have ever heard of except maybe the NYC real estate and the Apprentice show have crashed and burned; the school, the steaks, the airline, the game, the casinos (last I heard he was suing to get his name off the property), the water, the vodka; nobody I know says oh, I gotta go get me some of that Trump "whatever."
Last I watched it, "The Apprentice" seemed to be a show geared toward selling those Trump products. Looking at
IMDB I see that it is still on the air so it must have some popularity.
So what is out there that exists that people clamor for - that had the Trump name on it? I don't know the NYC apartment/condo market so to those who know. How badly do people want to get into a Trump property? Is it really that prestigious? Do people take pride in saying 'I live in the "Trump Umptysquat?"'
Is the real estate the only part of his "empire" that does well? If you search for a Trump branded product, do you do it because it is something you gotta have? Or would you purchase a Trump product just to satisfy curiosity?