What will happen to Donald Trump's companies when he becomes president?

Unlike previous presidents, Donald Trump is a billionaire, running a corporation, so how does he handle being both a business owner and the owner of the White House?

After being elected president of the United States, Donald Trump had to decide what to do with the business that had made him famous for so long. As a businessman, Trump is currently the chairman of the Trump Organization, a corporation that owns properties around the world including shopping centers, hotels and golf courses. The Trump Organization is a real estate investment company but it also owns a number of other brands outside the industry, including the book industry, such as: “The Art of the Deal” and “Trump Natural Spring Water.”

Trump has said that after becoming president, he will separate from the company and hand over control to the next generation. His three eldest children, Donald Jr., Ivanka and Eric, are all currently Executive Vice Presidents of the Trump Organization.

“If I become president, I will not care about my own company. It is a peanut,” Trump declared at a Fox Business debate in January. “I want to make America rich again, make America great again. I have Ivanka, Eric, and Don sitting here. I will not be involved because I will not care about anything but our country,” he said.

Mr. Trump has promised to leave his business executive position if elected president.

There is no indication that the president-elect will change his previously stated decisions. In late October, veteran domestic affairs reporter George Stephanopoulos of ABC News asked Donald Jr., Ivanka, and Eric how they would stay in the family business if their father became president. “That’s what we do. We’re the ones who are building this business,” Donald Jr. said.

Donald Trump did not release his tax returns during his campaign, making it difficult to know exactly how wealthy he is. One source said Trump had at least $1.5 billion in his bank account. However, he has always claimed that his assets are currently worth around $10 billion.

According to NPR, most US presidents entrust their investments to an independent trustee to avoid conflicts of interest during their time in office. However, looking back over time, it can be said that Donald Trump has had difficulty separating business from politics.

Although Trump said he was happy to step down from his executive position at the Trump Organization to enter politics, he took every opportunity during the campaign to promote his brand.

In October, for example, Trump took time out of his campaign to attend the ribbon-cutting ceremony for the Trump International Hotel in Washington, just blocks from the White House. But Trump’s campaign, intertwined with his business activities, has not been a big boon for him economically. Visits to his chain of hotels, casinos, and golf courses have dropped sharply since he announced his candidacy in June 2015, according to Foursquare.

But there may be a change after the election. An election night survey by Brand Keys found that corporate brand value thanks to Trump’s name has rebounded and even surpassed the level before last June.

“Running for president seemed to hurt Trump’s businesses. However, when he became president, it seemed like the businesses benefited in return,” Business Insider commented.

According to VNE