Saturday, November 23, 2024

Donald Trump Bets Big on Luxury Timepieces with ‘Trump Watch’ Launch

Former President Donald Trump announced watches selling for up to 100 thousand dollars.

It was reported that former U.S. President Donald Trump announced the launch of a luxury watch line, dubbed “Trump Watch,” on his social media platform, Truth Social. The line features a premium model, the Tourbillon, listed at $100,000. This high-end watch is embellished with 122 diamonds and crafted from 200 grams of 18K gold, with only 147 units available for purchase. Another more accessible model, “Fight,” is offered at $499.

While campaigning for the presidency, Trump has been generating income through licensing agreements that allow him to use his name and image on various products. The Trump Watch is a venture by a separate company using his name.

CNN described the launch of the Trump Watch as “the latest example of a former president cashing in on his name like no presidential candidate ever has.”

Earlier this year, his son, Donald Trump Jr., sold Trump Golden Sneakers for $399 through a publishing company he co-founded, which quickly sold out. They also sold a Bible-themed around Trump.

Since last month, Trump has ventured into the digital realm, selling NFT-based digital trading cards featuring his likeness for $99 each. These cards come with incentives; customers purchasing more than 15 cards receive a physical card that includes a fabric swatch from the suit Trump wore during a televised debate with President Joe Biden. Those buying 75 cards are awarded an invitation to a dinner at Mar-a-Lago, his private club in Florida.

The Trump brand continues to expand into various merchandise categories, including golf shoes, perfumes, coolers, and sandals, all marketed under his name.

Hot this week

Is Your Next Samsung Device Getting Smarter? OpenAI’s AI Plans Revealed

OpenAI is in talks with Samsung to integrate AI into products and is considering a web browser with chatbot features.

Matt Gaetz Steps Down: Trump’s Attorney General Pick in Turmoil

Matt Gaetz resigns as Trump's AG nominee amid controversies, raising questions about future appointments and Senate confirmation challenges.

Elon Musk and Jeff Bezos: The Billionaire Showdown Heats Up

Musk and Bezos engage in a public dispute on social media, highlighting their rivalry in wealth and the space industry.

Nvidia Bounces Back as Wall Street Shifts Focus to Small-Caps and Value Stocks

The New York stock market rebounded, with tech stocks rising despite some declines, while Bitcoin reached a historic high of $99,000.

Wall Street’s Fall from Grace: Hedge Fund Star Sentenced to 18 Years

Bill Hwang, founder of Archegos Capital, received an 18-year prison sentence for market manipulation causing billions in losses.

Topics

Is Your Next Samsung Device Getting Smarter? OpenAI’s AI Plans Revealed

OpenAI is in talks with Samsung to integrate AI into products and is considering a web browser with chatbot features.

Matt Gaetz Steps Down: Trump’s Attorney General Pick in Turmoil

Matt Gaetz resigns as Trump's AG nominee amid controversies, raising questions about future appointments and Senate confirmation challenges.

Elon Musk and Jeff Bezos: The Billionaire Showdown Heats Up

Musk and Bezos engage in a public dispute on social media, highlighting their rivalry in wealth and the space industry.

Nvidia Bounces Back as Wall Street Shifts Focus to Small-Caps and Value Stocks

The New York stock market rebounded, with tech stocks rising despite some declines, while Bitcoin reached a historic high of $99,000.

Wall Street’s Fall from Grace: Hedge Fund Star Sentenced to 18 Years

Bill Hwang, founder of Archegos Capital, received an 18-year prison sentence for market manipulation causing billions in losses.

Billionaire Gautam Adani Charged with Massive Bribery Scheme

Gautam Adani, Asia's second-richest person, faces U.S. indictment for bribing Indian officials over $250 million to secure contracts.

Wall Street’s Wild Prediction: S&P 500 Could Soar to 6600

Wall Street anticipates a market surge as Trump's presidency promises tax cuts and deregulation, with S&P 500 forecasts rising significantly.

Bitcoin Breaks Records: Surges Past $94,000 Amid Trump’s Victory

Bitcoin surpassed $94,000 amid expectations of crypto-friendly policies under Trump, sparking optimism for a bullish market.

Related Articles