FX.co ★ Top 10 failed Donald Trump business ventures

10. Trump Steaks

In 2007, the future President created a new business called Trump Steaks. Their line of assorted luxury meats included steaks, hamburgers, and hot dogs that were all packaged in black gift boxes.

Trump claimed they were the best tasting steaks in the world, and their price varied from $199 to $999. Instead of offering the world a new idea, Trump decided to engage in steaks, as this is his favorite food.

The idea failed. Critics wrote that the steaks were too greasy and caused a stomach ache.

9. Trump Ice Bottled Water

The bottled water called “Trump Ice" with Donald Trump's face on it is on sale at the Trump Tower in New York. Such bottles are also sold in his casino.

Despite the fact that outwardly this water does not differ from hundreds of other bottles, Trump claimed that his branded water is the purest in the world, with superior mineral content.

According to critics, the amount of minerals in Trump Ice water is actually the same or much less than many other brands claim. It is also served in cheap plastic bottles, rather than glass.

Needless to say that few people bought into his claims, and the water never spread beyond the Trump Tower.

8. The New Jersey Generals

You may have never heard of the football team called the New Jersey Generals. This team had a short lived story from 1982 to 1986, playing in a lesser-known league called the United States Football League.

After buying the team in 1984, Trump mired in legal proceedings with the NFL. However, the resources of the team could not cover the losses.

Technically, Trump won this case, but received only $3 as compensation.

7. The TourDeTrump Bike Race

In 1986, Trump replaced football for cycling, deciding to organize a bicycle race that would compete with the Tour de France.

In the title of the race, he added his last name in order to make it even more famous.

During an interview, he said that he had not ridden a bike since he was 7 or 8 years old, and like most Americans, his interest most likely came from the fact that in Europe such events got hefty sponsorships.

The race was broadcast on NBC, and they tried their best to get American audiences interested in cycling.

However, this was not enough. It turned out to be not very profitable, and it was decided to close the race.

6. ACN and The Trump Network

ACN was a digital phone service provider, and Donald Trump agreed to be the face of the company.

ACN sold smartphones and laptops with embedded webcams, and despite the fact that such devices already existed at that time, ACN claimed that their cutting-edge technology was years ahead of everyone else.

Donald Trump called for buying as many phones as possible and selling them. Heads of the company also talked about an unprecedented success.

However, most of those who became part of this pyramid, only lost their money.

In 2009, Trump decided to create his own company called Trump Network. However, this venture also failed.

5. Trump: The Game

Donald Trump decided that he could make a better board game than Monopoly, so he came out with Trump: The Game.

Each of the players starts off with millions of dollars at their disposal, and the target of the game is to buy New York real estate and become the richest person.

In 1989, 2 million copies of this game were produced, but only 800 thousand copies were sold.

Instead of having plan, players experienced a sense of anxiety and did not want to play the game again.

4. Trump University

Business successes prompted Trump to open his University. After all, his founder accumulated a wealth of experience in finance and real estate for his career. The plan seemed quite profitable.

However, the university did not have accreditation, and the teachers were not licensed real estate agents, but charismatic leaders who were extorting money from students, giving nothing of value in the real estate industry.

The university didn't even have a curriculum.

He was sued not just once, but three times over the University. In reality, nearly 7,000 notices were sent out to former students, and only two of them claimed that they thought their experience was worth the money.

In the end, Trump could not continue to fight the legal battle when he became the President. He was forced to pay $25 million to 6,000 students who were part of the class-action lawsuit.

3. Trump Magazine

Trump magazine was published in 2007. Perhaps, Trump was inspired by the experience when he was on the cover of Playboy.

The content of the magazine was mostly advertising for luxury products like yachts, cigars, and liquor. There were also photos of women. In general, Trump made the perfect magazine for himself.

Former employees said that some of the articles glorified Trump's achievements in business. But the audience was very small, the magazine had to be closed.

2. Trump Vodka

Another project that seemed profitable. However, the company failed almost as quickly as it went on the market. Trump let the firm use his name in exchange for 50% of the profit. One of the biggest mistakes for the company was in 2006, when Trump admitted during an interview with Larry King that he doesn't even enjoy drinking this Vodka.

After that, vodka sales fell sharply, and now only a few of its copies are on eBay.

1. Trump Airlines

Yet again, Donald Trump tried to enter a business that he had absolutely no experience with. He bought Eastern Airlines company and gave it his name.

He knew nothing about fuel costs, repairs, or what to charge for ticket prices. And, as usual, Trump just decided to promise that it would be the best airline company in the world.

Those who had time to fly, told that the staff was polite and pleasan. However, the Trump's attempts to incorporate elitism into the planes looked awkward.

The company failed. Trump could not return $245 million loan from Citibank.

Even with the help of friends who allocated $1 million to save the company, Trump could not make it profitable.