(EDITOR: Recently the following article from four years ago has received a lot of visits, so we are re-posting it below.)
Posted on April 11th, 2011 in News and Commentary
From Wikipedia, the free encyclopedia
Frederick Christ “Fred” Trump (October 11, 1905 – June 25, 1999) was a prominent American builder and real estate developer. He was the father of Maryanne Trump Barry, Robert Trump, Elizabeth Trump Grau, Donald J. Trump and the late Fred Trump, Jr.
Trump was born in Woodhaven, New York to immigrants, Friedrich Drumpf (March 14, 1869 – March 30, 1918) and Elisabeth Christ (October 10, 1880 – June 6, 1966), who were married in 1902 at Kallstadt, Rheinland-Pfalz.
Early life Fred Trump Jr.
Fred Trump Jr. began constructing garages and then houses while still a teenager in order to assist his widowed mother.
Marriage
Fred Trump married Scottish immigrant Mary A. MacLeod (born May 10, 1912, Stornoway, Scotland – died August 7, 2000, New Hyde Park, New York) in 1936.
Career
Trump embarked on a career as a real estate developer, building and operating affordable rental housing in New York City, including more than 27,000 apartments and row houses in the neighborhoods of Coney Island, Bensonhurst, Sheepshead Bay, Flatbush, and Brighton Beach in Brooklyn and Flushing and Jamaica Estates in Queens.
Death
By the time of his death, Trump had amassed a $400 million estate, left largely to his children, contributing a significant amount to Donald Trump’s fortune.
NewsLanc Editor: Fred Trump’s pampered son Donald was funded by the father who came to his rescue on occasions to protect him from bankruptcy. When Trump was about to lose a NJ casinos in the 1990s, the father purchased $20 million in chips, running no risk since gambling chips under NJ law have first claim on assets, even before the first mortgage lender. Again and again those who chose to invest with Donald Trump have lost significant amount of money. From watching Trump’s career over the decades, as far as the Watchdog is concerned, “The Donald” is a loud mouth bully and business pariah.
