Anyone who’s checked their 401(k) balance has discovered the stock market has been on a tear since Donald Trump took office. And it’s hardly just the market that’s taken off in anticipation of Trump’s policies; the “real” economy has taken off as well. We learned recently that the economy gained 235,000 jobs in February – as opposed to the 190,000 that were expected.
JOBS, JOBS, JOBS! pic.twitter.com/wAkQMKdPXA
— Donald J. Trump (@realDonaldTrump) March 14, 2017
Among those thriving? A business that Donald Trump no longer overseas the operations of.
Trump Organization — is now one of America’s top 50 private businesses.
Trump Organization is ranked 48th on a list of the largest private companies in the U.S., according to PrivCo, a research firm that estimates the size of privately held firms. That is a big boost from last year, when Trump Organization was listed as #62.
The president-elect’s company employs 22,450 people and made $9.5 billion in revenues last year, PrivCo. says.
It means Trump Organization is bigger than well-known private companies such as Major League Baseball, McKinsey & Co. and Bloomberg LP, the company founded by former New York City Mayor Michael Bloomberg, according to PrivCo data.
H/T CNN Money
And thanks to Rachel Maddow, we now know that the company is also paying millions in taxes to boot.
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