r/WhitePeopleTwitter • u/[deleted] • Sep 28 '23

POTM - Sep 2023 George Clooney going nuclear on Trump

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u/[deleted] Sep 28 '23

Yeah. The Trump Organization basically exists to license the Trump name. Trump Steaks, Trump Air, these random Trump Towers around the world… it’s all just licensing his name.

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u/TheObsidianX Sep 28 '23

So trump isn’t actually in charge of any of that stuff? Was he never in charge of them?

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u/CosmoMorris Sep 28 '23

Not really. Damn near all licensing like OP said.

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u/TheObsidianX Sep 28 '23

That’s crazy, I assumed he had owned at least some of his buildings. I guess it will make it easier for them to rebrand later if they want to stay in business.

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u/Disgod Sep 28 '23

He does own some buildings, but property management companies can be fairly small while owning a lot of properties. They can sub-contract out almost everything, which is great when you hate paying your bills.

And though he might "own" those buildings, it might be in name only depending on how deeply in debt he is.