Fred Trump
Fred Trump was an American real-estate developer and businessman, known for kick-starting his son Donald Trump's career with a 'very small' million-dollar loan.
Entrepreneur
October 11, 1905
Libra
June 25, 1999
93
Woodhaven, New York, United States
Fred Trump was a prominent American real estate developer and philanthropist who co-founded the Trump Organization, one of the largest and most successful real estate businesses in the United States. He played a crucial role in shaping New York City’s infrastructure, with significant projects such as the Beach Haven and Trump Village apartment complexes, as well as the renowned Trump Tower. During World War II, his company, Trump Construction Company, contributed to the war effort by building barracks and shipyards for the United States Navy and Coast Guard. Besides his business accomplishments, Fred Trump was known for his philanthropic activities, donating millions of dollars to various charities and institutions throughout his life.
Some of Fred Trump’s notable achievements include constructing and selling his first house before turning 20, transferring over $1 billion to his children using legally questionable strategies, and being a self-made workaholic who started his own business at the age of 15. He also left a lasting legacy as the father of Donald Trump, the 45th President of the United States. An interesting fact about Fred Trump is that he provided a “very small” million-dollar loan to his son, Donald Trump, which helped launch his career.
In summary, Fred Trump’s contributions to the real estate sector, his philanthropic efforts, and his role in shaping the Trump family’s success make him an important figure in American history.
