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1978 Fred Trump Gave His son Donald... (Original Post) busterbrown Sep 2016 OP
It wasn't easy for Donald. His father gave him a small loan ... napkinz Sep 2016 #1
It sounds like he made alot of sacrifices in his life. dubyadiprecession Sep 2016 #5
It wasn't just that, Fred essentially underwrote everything Donald did. bluesbassman Sep 2016 #2
He also inherited his father's real estate holdings DefenseLawyer Sep 2016 #3
Yep... Dad certainly didn't start his son .. busterbrown Sep 2016 #4
At some point Young Rump supposedly had $200M, Hortensis Sep 2016 #6

bluesbassman

(19,370 posts)
2. It wasn't just that, Fred essentially underwrote everything Donald did.
Fri Sep 23, 2016, 07:10 PM
Sep 2016

Including buying $3.5m in chips at the Trump Taj Mahal casino so that he could meet capital requirements. Trump would be lucky to be selling vacuum cleaners door to door in New Jersey if it wasn't for his daddy's help.

 

DefenseLawyer

(11,101 posts)
3. He also inherited his father's real estate holdings
Fri Sep 23, 2016, 07:14 PM
Sep 2016

And was handed control of his company. Good work if you can get it.

Hortensis

(58,785 posts)
6. At some point Young Rump supposedly had $200M,
Fri Sep 23, 2016, 08:24 PM
Sep 2016

and I think it was Robert Reich pointed out that if he'd simply invested it in index funds back then and gone off to play he'd be something like three times more wealthy now, assuming he really has $4B.

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