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The Trump Organization is the collective name for a group of approximately 500 business entities of which Donald Trump, the current U.S. President, is the sole or principal owner. Approximately 250 entities use the Trump name. Donald Trump's grandmother Elizabeth Christ Trump and father Fred Trump founded the organization in 1923 as E. Trump & Son, and it was led from 1971 to 2017 by Donald Trump, who renamed the company around 1973.