# @forbes on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/DMfgSw9OJS5
- **Gondola URL:** https://gondola.cc/posts/32695545-forbes-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/d679c66c21.jpg
- **Posted:** 2025-07-24T13:30:09.000+00:00
- **Account Owner:** Forbes (@Forbes) — https://gondola.cc/Forbes

## Caption

On January 30, 10 days after #DonaldTrump’s inauguration, a firm with ties to the president created two companies in Delaware, DT Marks Abu Dhabi LLC and DT Marks Abu Dhabi Member Corp. The naming conventions of the entities—starting with Trump’s initials, followed by the word “Marks,” then a location of a future project—match how the president has named more than 30 other licensing entities in his portfolio.

The #TrumpOrganization has not yet announced a deal in the capital of the United Arab Emirates, but it’s likely just a matter of time. Since last fall, Trump has been on a dealmaking spree, with his business revealing eight new projects in just 10 months. His foreign licensing income shot up from an estimated $6 million in 2023 to nearly $50 million last year. More business is headed Trump’s way: Corporate filings point to at least three other unannounced deals—in Abu Dhabi, Serbia and Hungary.

All of this represents an about-face for the president, who hung onto ownership of his assets during his first term but stuck them in a trust and promised to launch no new ventures overseas. In the six years after his initial election, he added only one deal, agreeing to brand a golf development in Oman. 

But today, #Trump profits from politics with little reservation—both domestically, recently signing crypto legislation that probably made him tens of millions of dollars—and abroad, expanding his licensing empire at dizzying speed. The conflicts of interest are now more brazen, and more overlooked, than ever before.

Continue reading at the link in our bio. (Photo: Win McNamee via Getty Images)

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## Tags

trump, trumporganization, donaldtrump

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