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The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

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Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

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After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
RetailDonald Trump

Donald Trump has a new line of branded gear: guitars that cost up to $10,000

By
Meg Kinnard
Meg Kinnard
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The Associated Press
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By
Meg Kinnard
Meg Kinnard
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The Associated Press
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November 21, 2024, 6:09 AM ET
Dana White, President-elect Donald Trump, Elon Musk and Kid Rock attend UFC 309 at Madison Square Garden, on Nov. 16, 2024, in New York.
Dana White, President-elect Donald Trump, Elon Musk and Kid Rock attend UFC 309 at Madison Square Garden, on Nov. 16, 2024, in New York. Evan Vucci—AP
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President-elect Donald Trump has endorsed a line of guitars, following up on the Bibles, sneakers, watches, photo books and cryptocurrency ventures launched during his third White House campaign.

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Trump on Wednesday posted to Truth Social a photo of himself holding what he said was a “Limited Edition ‘45’ Guitar,” an electric model emblazoned with an American flag and eagle on the body, and Trump’s “Make America Great Again” slogan inlaid into the neck. Both acoustic and electric styles are available, for $1,250 and $1,500, respectively, as well as “Presidential” and “God Bless the USA” models and “Signature Edition” guitars, which — with a $10,000 price tag — also include Trump’s signature.

What’s not clear is the financial relationship between Trump and proceeds from the guitar sales.

Following his long tradition of melding his political and business interests, Trump has hawked a series of branded products since he launched his 2024 White House campaign, a slew of items that went up for sale in the wake of a $489 million civil fraud judgment against the former president.

Some of them, like the “Official Trump Watch Collection” — where one model costs $100,000 — were listed as affiliated with CIC Ventures LLC, a company that Trump reported owning in his 2023 financial disclosure.

Websites for items like the watches note that the products are subject to a “paid license agreement,” the same mechanism that allowed Trump, well before he entered politics, to profit for years from sales of everything from water to vodka and steaks.

As of Wednesday, GetTrumpGuitars.com included no such disclaimers, or even the name of the company selling the items. An FAQ page lists information about how many of each model are being made available — and notes that these models are “the ONLY guitars endorsed by President Donald J. Trump!” — but includes none of the disclaimers or licensing language on some of Trump’s other product sites.

The guitar website’s privacy policy does include a suburban Nashville address for a couple, neither of whom immediately returned a message seeking comment Wednesday. Photos on their social media pages showed that they attended Trump’s election-night party in Florida.

Messages left with 16 Creative — a branding agency listed at the bottom of the guitar website — and Trump’s transition team also were not immediately returned.

Leading up to his win in the general election, Trump this year has announced the sale of $100 silver coins bearing his face, urged his supporters to spend $59.99 for a “God Bless the USA Bible,” inspired by country singer Lee Greenwood’s patriotic ballad, and hawked new Trump-branded sneakers at “Sneaker Con,” a gathering that bills itself as the “The Greatest Sneaker Show on Earth.”

He also has dabbled in NFTs, or nonfungible tokens, and last year reported earning between $100,000 and $1 million from a series of digital trading cards that portrayed him in cartoon-like images, including as an astronaut, a cowboy and a superhero.

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
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