When did Trump buy Hyatt?

Trump still gushes on the Trump Organization's Web site about his purchase of the building in 1976: “One of the most famous real estate deals in history.”



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Hyatt is 85% owned by the Pritzker family. The other 15% was sold in 2007 to affiliates of Goldman Sachs and Madrone Capital for $1 billion. Currently, the largest institutional investors in Hyatt are BAMCO, Inc (10.6% of total shares) and The Vanguard Group Inc.

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Five buildings are named Trump Hotels with four owned/operated by the Trump organization:
  • Trump International Hotel and Tower (Chicago)
  • Trump International Hotel and Tower (New York City)
  • Trump International Hotel Las Vegas.
  • Trump International Hotel and Tower (Honolulu) is a licensee and not owned directly.


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On December 31, 2004, substantially all of the hospitality assets owned by Pritzker family business interests, including Hyatt Corporation and Hyatt International Corporation, were consolidated under a single entity, now Hyatt Hotels Corporation.

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The richest president in history may be Donald Trump. However, his net worth is not precisely known because the Trump Organization is privately held. Truman was among the poorest U.S. presidents, with a net worth considerably less than $1 million.

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Since 1982, the building has been owned by two German companies. The leasehold was held by interests on behalf of Philippine dictator Ferdinand Marcos in the mid-1980s. A company controlled by developer and later U.S. president Donald Trump bought the lease in 1995.

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