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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.
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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