The Trump Organization was founded in 1923 by Elizabeth Trump and her son Fred as '''Elizabeth Trump & Son'''. Fred ran the company until 1971, when he gave control over to his son (and future U.S. President) [[Donald Trump]], who rechristened the firm under its current name. | The Trump Organization was founded in 1923 by Elizabeth Trump and her son Fred as '''Elizabeth Trump & Son'''. Fred ran the company until 1971, when he gave control over to his son (and future U.S. President) [[Donald Trump]], who rechristened the firm under its current name. |