Trump has filed for bankruptcy 6 times, that's 6 times a failed businessman.
What part of that do you not understand?
Then there are all the other failed businesses Trump University, Trump Stakes.
Here's a list of some of his failures.
- Trump Airlines— Trump borrowed $245 million to purchase Eastern Air Shuttle. He branded it Trump Airlines. He added gold bathroom fixtures. Two years later Trump could not cover the interest payment on his loan and defaulted.
- Trump Beverages— Although Trump touted his water as "one of the purest natural spring waters bottled in the world," it was simply bottled by a third party. Other beverages, including Trump Fire and Trump Power, seem not to have made it to market. And Trump's American Pale Ale died with a trademark withdrawal.
- Trump Game— Milton Bradley tried to sell it. As did Hasbro. After investment, the game died and went out of circulation.
- Trump Casinos— Trump filed for bankruptcy three times on his casinos, namely the Trump Taj Mahal, the Trump Marina and the Trump Plaza in New Jersey and the Trump Casino in Indiana. Trump avoided debt obligations of $3 billion the first time. Then $1.8 billion the second time. And then after reorganizing, shuffling money and assets, and waiting four years, Trump again declared bankruptcy after missing ongoing interest payments on multi-million dollar bonds. He was finally forced to step down as chairman.
- Trump Magazine— Trump Style and Trump World were renamed Trump Magazine to reap advertising dollars from his name recognition. However, Trump Magazine also went out of business.
- Trump Mortgage— Trump told CNBC in 2006 that "I think it's a great time to start a mortgage company. … The real-estate market is going to be very strong for a long time to come." Then the real estate market collapsed. Trump had hired E.J. Ridings as CEO of Trump Mortgage and boasted that Ridings had been a "top executive of one of Wall Street's most prestigious investment banks." Turned out Ridings had only six months of experience as a stockbroker. Trump Mortgage closed and never paid a $298,274 judgment it owed a former employee, nor the $3,555 it owed in unpaid taxes.
- Trump Steaks— Trump closed Trump Steaks due to a lack of sales while owing Buckhead Beef $715,000.
- Trump's Travel Site— GoTrump.com was in business for one year. Failed.
- Trumpnet— A telephone communication company that abandoned its trademark.
- Trump Tower Tampa— Trump sold his name to the developers and received $2 million. Then the project went belly-up with only $3,500 left in the company. Condo buyers sued Trump for allegedly misleading them. Trump settled and paid as little as $11,115 to buyers who had lost hundreds of thousands of dollars.
- Trump Universityor theTrump Entrepreneur Initiative— Trump staged wealth-building seminars costing up to $34,995 for mentorships that would offer students access to Trump's secrets of success. Instructors turned out to be motivational speakers sometimes with criminal records. Lawsuits and criminal investigations abound.
- Trump Vodka— Business failed due to a lack of sales.
- Trump Fragrances— Success by Trump, Empire by Trump, and Donald Trump: The Fragrances all failed due to being discontinued, perhaps as a result of few sales.
- Trump Mattress— Serta stopped offering a Trump-branded mattress, again likely due to slacking sales.
- Truth Social— This existing Trump business owes big money, and may well be breathing its last.
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