Donald Trump’s Business Empire Keeps Expanding

Two of President Donald Trump’s businesses have expanded to new areas since he took office in January, corporate filings show.

Trump’s business interests have drawn more scrutiny since he started his second presidency, although the Trump Organization—the holding company that runs his business empire of homes, luxury hotels, casinos and golf courses—announced that Trump will not have any involvement managing his real estate company during his second term. He appointed an outside ethics adviser, lawyer William Burck, to avoid potential conflicts of interest.

Since then, the Trump Organization and another of his companies have expanded the areas where they operate, according to business filings seen by Newsweek.

The White House said Newsweek should request any comment from the Trump Organization. It had not done so by time of publication.

The Trump Organization registered a branch of its business in New Jersey on March 7, 2025. It also registered in Nevada on January 7, 2025. This means the business can now operate within these states.

It is also registered to do business in New York, California, Maryland, Delaware, North Carolina and Florida. The company registered to do business in Michigan in May 2024 but then dissolved in February 2025, accord to business filings.

The Trump Organization is managed by two of his sons, Eric Trump and Donald Trump Jr., as well as Michael Levchuck, who has worked as a director of finance for Trump’s hotels in New York and Washington, D.C. since 1997, according to his LinkedIn profile.

Meanwhile, T Retail LLC, the company that runs Trump branded merchandise shop TrumpStore.com registered in West Virginia on March 11, 2025. The business also registered in Washington in January, after Trump assumed office.

T Retail was formed in Delaware in May 2017 and is also registered in Florida, New York, Louisiana and Virginia. Donald Trump Jr. is listed as the company’s manager. Levchuck and William Etzine, the vice president of finance at Trump Hotels are governors.

Trump’s closest family members have also recently expanded their business interests. In January, Newsweek revealed that Trump’s youngest son, Barron Trump, incorporated a real-estate business in July 2024 then dissolved it in November 2024. One of Barron Trump’s partners, Cameron Roxburgh, told Newsweek there were plans to relaunch it. In the same month, Barron Trump’s older brother Eric Trump also launched a previously unreported firm called ET Talks.

Donald Trump Jr. too has engaged in recent corporate activity. In November, Newsweek revealed that his eldest son, Donald Trump Jr. set up two new holding companies for a recreational boat and a hunting camp.