A Look at Donald Trump's Failed Business Ventures

"A business genius he is not." Donald Trump was furious with Mitt Romney's scathing speech in Utah, that ticked off a list of his corporate misadventures: Trump University, Trump Airlines, Trump Vodka, Trump Magazine, Trump Steaks.

Trump has had numerous business successes, like Trump Tower, 40 Wall Street and "The Apprentice." But not every venture turned to gold — and the businesses Romney cited were notorious misfires, NBC News reported. 

Trump University was an online college launched in 2005 that offered to teach the mogul's real estate and entrepreneurship strategies, and charged fees ranging from $1,500 to $35,000. In 2013, New York Attorney General Eric Schneiderman sued, claiming the university was a scam operation that defrauded around 600 students out of thousands of dollars.

Trump Mortgage was a victim of bad timing — and the recession. "I think it's a great time to start a mortgage company," Trump told CNBC in 2006. "The real estate market is going to be very strong for a long time to come." Two years later, the housing market collapsed — and so did Trump Mortgage. 

Click through for more on Trump's failed businesses. 
 

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