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Home›Global Markets›North America›Trump foreign licensing fees reach $59.5 million as Gu…

Trump foreign licensing fees reach $59.5 million as Gulf developers pay

The majority of licensing revenue came from two Gulf developers, including one backing a reported $20 billion U.S. expansion.

Reported · Written up by our desk · North America

CNBC Markets reports that Trump’s foreign licensing business generated $59.5 million, driven by payments from Gulf developers.

Nearly two-thirds of the foreign licensing fees came from two developers, one operating in the UAE and another in Qatar.

The outlet says one of those Gulf developers is pursuing a $20 billion U.S. expansion, helping support the licensing revenue concentration.

The report frames the growth in licensing income as tied closely to these two Gulf-backed projects.

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Sources

CNBC MarketsTrump’s foreign licensing business booms to $59.5 million as Gulf developers pay

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