Fred Trump Net Worth 2020, Bio, Wiki, Height, Weight, and Awards.
Fred Trump Net Worth – Business mogul and real estate developer is known for being the father of the 45th president, Donald Trump. He made his fortune (estimated to be more than $250 million at his death) building and renting apartments in New York City.
Frederick Christ Trump was born in the Bronx on October 11, 1905. He was the second of three children of German Lutheran immigrants Frederick and Elizabeth Christ Trump.
He had an older sister, Elizabeth Trump Walters (1904–1961), and a younger brother, John G. Trump. Trump was conceived in Bavaria, where his parents had tried unsuccessfully to re-establish residency, returning to New York upon the SS Pennsylvania on July 1, 1905.
Soon after Trump’s birth, the family moved to Woodhaven, Queens. When Trump was 12 years old, his father died in the 1918 flu pandemic.
From 1918 to 1923, he attended Richmond Hill High School in Queens; he worked as a caddy, curb whitewasher, and delivery boy.
Meanwhile, Trump’s mother continued the real-estate business his father had begun. Interested in becoming a builder, Trump took night classes in carpentry and reading blueprints.
He also studied plumbing, masonry, and electrical wiring via correspondence courses. He graduated from Richmond Hill High School in 1923.
After graduating, Trump obtained full-time work pulling wagonloads of building materials to construction sites.
He found work as a carpenter and continued his education at Pratt Institute. Trump began construction of his first house in 1923, soon after graduating high school.
Elizabeth Trump partially financed Trump’s houses and held the business in her name because Fred had not reached the age of majority.
They did business as “E. Trump & Son”. The company was incorporated in 1927, but the name was in use at least as early as 1926.
By 1926, Trump had built 20 homes in Queens. By the mid-1930s (in the middle of the Great Depression), he built one of the first modern supermarkets in the city, selling customer-collected goods with the Trump Market in Woodhaven, which advertised “Serve Yourself and Save!” and quickly became popular.
After six months, Trump sold it to the King Kullen supermarket chain, which he had originally modeled it after.
On Memorial Day in 1927, the Ku Klux Klan marched in Queens to protest Protestant American citizens being “assaulted by Roman Catholic police of New York City.”
Trump and six other men were arrested “on a charge of refusing to disperse from a parade when ordered to do so.”
All seven arrested were referred to as “berobed marchers” in the Long Island Daily Press; Trump was the only one not held on charges.
A Vice article noted that if any of the attendees were not “dressed in a robe at the time, that may have been a reporting error worth correcting.”
When asked about the issue in September 2015, Donald Trump, then a candidate for president of the United States, denied that his father had ever been arrested.
He suffered from Alzheimer’s disease for the last six years of his life and finally fell ill with pneumonia in June 1999.
He was admitted to Long Island Jewish Medical Center in New Hyde Park, where he died at age 93 on June 25. Trump’s estate was estimated by his family at $250 million to $300 million.
His funeral was held at the Marble Collegiate Church and his body is interred at Lutheran All Faiths Cemetery in Middle Village, Queens.
His widow, Mary, died the following summer, on August 7, 2000, in New Hyde Park, New York, at age 88.
Height and Weight
Fred Trump started his career at the age of 15 with his mother Elizabeth Christ Trump in home construction and sales. In 1927 their development company was incorporated as Elizabeth Trump & Son.
The operation built and managed single-family homes in Queens as well as barracks and garden apartments for the United States Navy near major shipyards on the East Coast and more than 27 thousand apartments located in New York City.
Net Worth 2020
Fred Trump was an American real estate developer who had a net worth equal to $600 million at the time of his death in 1999 which is the same as around $900 million after adjusting for inflation today.