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According to Donald, his father became “one of the biggest landlords in New York’s outer boroughs”. The government kept overpaying for houses in Brooklyn and Queens, and Fred kept building them. The Federal Housing Administration paid him $10.3 million, but he was able to build the apartments for significantly less. He built single family houses in Queens in the 1920s, helped pioneer the supermarket with the “Trump Market” during the Great Depression, and even built barracks for the Navy during World War 2.īut Fred’s real cash cow came in 1949, when he got a government loan to build Shore Haven Apartments in Brooklyn. Fred became a very successful builder in New York City’s outer boroughs. His eldest son, Fred Trump, carried on the Trump legacy by going into business with his mother, using the nest egg for seed money. When he passed away, he left an estate worth just under $500,000 in today’s dollars to his heirs. During the famous Klondike gold rush in Canada, Frederick owned an inn and restaurant that served gold miners. Real estate runs deep in the blood of the Trump family, and Frederick was actually the first Trump to own a hotel. The story started well over a century ago with Donald’s grandfather, Frederick Trump. To conclude, the video breaks down Trump’s net worth and financial history, while highlighting some of the help he has gotten along the way in building his fortune. Not only do we examine his major business successes and failures, but we even look back at real estate’s prominent role in the history of the Trump family.
#G money pro trump full
In this motion graphic video, we break down the full story behind Donald Trump’s wealth. We also looked at a senator’s overall rhetoric toward Trump since he was inaugurated.The Money Project is an ongoing collaboration between Visual Capitalist and Texas Precious Metals that seeks to use intuitive visualizations to explore the origins, nature, and use of money. Comey in May, whether they supported or criticized the Senate’s unpopular repeal plan for the Affordable Care Act in July, and whether they supported or criticized a proposed budget Trump released in May. We gauged where senators stand in relation to President Trump on a wide range of controversial issues: Whether they supported or criticized Trump’s firing of FBI Director James B. Trump was widely criticized for his initial statements, for placing the blame for the violence “on many sides” and for not condemning white-nationalist groups by name. For each senator, The Fix took into consideration whether they openly criticized, praised or declined to comment on the president’s remarks, including his statements to reporters during a news conference on Aug.15.
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For each senator, The Fix took into consideration whether they have openly criticized, praised or declined to comment on the president since he took office.Ĭharlottesville protests Senators were measured on their public statements following Trump’s remarks on the violence at a white-nationalist rally in Charlottesville on Aug. Overall rhetoric Senators were measured on their public statements about Trump and his ability to lead the country. Highlights of the White House budget include increased spending on defense, such as money for President Trump’s proposed border wall, and decreased funding for several social welfare programs, science and research, as well as the arts. For each senator, The Fix took into consideration whether they openly criticized, praised or declined to comment on the budget. White House budget Senators were measured on their public statements following the release of the White House Budget for fiscal 2018 on May 23. In July, the GOP’s seven-year quest to repeal and replace Obamacare, one of Trump’s hallmark campaign promises, was halted when three GOP senators voted against the bill. John McCain’s (R-Ariz.) return to Washington.
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For each senator, The Fix gave particular weight to what senators said and how they voted on the motion to begin debate on repealing the Affordable Care Act on July 25, following Sen. Repeal plan for the Affordable Care Act Senators were measured on their public statements and voting record on the Senate’s health-care bill. Two days after Comey was fired, Trump told NBC’s Lester Holt that he made the decision on his own, citing Comey’s involvement in the Russia investigation. In May, Trump said he fired Comey at the urging of Attorney General Jeff Sessions and Deputy Attorney General Rod J. For each senator, The Fix took into consideration whether the senators criticized, praised or declined to comment on the president’s dismissal of Comey. Comey Senators were measured on their public statements about Trump’s decision to fire FBI Director James B.