In a major global business collaboration, Reliance 4IR Realty Development—a firm under India’s richest man Mukesh Ambani—has paid a $10 million licensing fee to the Trump Organisation for brand rights in an upcoming Mumbai real estate project.
Trump Licensing Fees Soar with Global Developers
A Wall Street Journal report confirms that Ambani joins an expanding list of foreign developers investing in Trump-branded properties. In 2024, the Trump Organisation has collected a staggering $44.6 million in international licensing and development fees—over 5x more than the $8.2 million earned in 2023.
These deals span across countries like Vietnam, Dubai, and Saudi Arabia, and show Trump’s growing global real estate appeal even while serving as US President.
Which Trump Project is Coming to Mumbai?
As of now, the exact Mumbai project tied to Ambani’s payment hasn’t been revealed. However, the development highlights Reliance’s potential push into luxury branded real estate using globally recognized names.
Ambani-Trump Ties Strengthen in 2024
Earlier this year, Mukesh Ambani attended Donald Trump’s presidential inauguration in the US. More recently, he was also present at a Doha state dinner hosted by the Qatari Emir in Trump’s honor—suggesting deepening ties between the Ambani and Trump camps.
Trump’s Foreign Deal Strategy Sees a Shift
Under Trump’s first term, the Trump Organisation had promised a pause on international deals. However, this stance has now changed. Despite earlier criticism, the Trump family has resumed expanding their foreign real estate partnerships.
In a recent Qatar-based conference, Donald Trump Jr.—who manages the Trump Organisation with his brother Eric Trump—acknowledged this shift, saying:
“We’re not going to go so far as to stymie our business forever… We’ll avoid deals with foreign governments, but continue expanding globally.”
Why This Deal Matters in 2024
This $10 million deal signals a trend of politically-linked real estate branding, and raises discussions on ethics in business while in office. It also reflects how major players like Reliance are leveraging international prestige for visibility and market power in India’s evolving property landscape.
