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Trump Tower skyscraper at 5th Avenue and 56th Street on August 24th, 2013 in New York City. (Waring Abbott/Getty Images)

Since the 2016 election, President Donald J. Trump’s critics have complained that his businesses are illegally profiting as a result of his presidency. While it’s true that some Trump-owned or branded properties have seen their fortunes rise, for others the Trump name has become a liability.

The Trump name is emblazoned on at least 50 hotel, condo, and commercial properties worldwide. In addition, the golf-loving president’s name adorns 19 courses from Los Angeles to Indonesia, “representing world-class luxury and excellence synonymous with the Trump brand,” according to the Trump Golf web site. Not all of the properties that bear the Trump name, often presented in shiny gold capital letters, are owned by Trump. Many simply license his name, seeking to literally cash in on the glitz and cachet of the Trump name.

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