Who Is Fred Trump? Age, Biography and Wiki
Fred Trump was born on October 11, 1905, in New York City, New York, USA, and passed away on June 25, 1999. He was an influential American real-estate developer whose impact on the housing market and urban development in New York during the 20th century is still felt today. Fred Trump’s business endeavors laid the groundwork for his family's wealth and influence, notably that of his son, Donald Trump, who would go on to become a prominent businessman and the 45th President of the United States.
| Occupation | Billionaire |
|---|---|
| Date of Birth | October 11, 1905 |
| Age | 93 Years |
| Birth Place | New York City, U.S. |
| Horoscope | Libra |
| Country | U.S |
| Date of death | 25 June, 1999 |
| Died Place | New Hyde Park, New York, U.S. |
Popularity
Fred Trump's Popularity over time
Height, Weight & Measurements
Fred Trump stood at approximately 6 feet tall (182 cm). His weight varied throughout his life, reflecting the lifestyle of a successful businessman. He had a solid build typical for someone engaged in hands-on real estate development. While specific body measurements from his younger years are unrecorded, he was known to have maintained a well-groomed appearance throughout his life.
Family, Dating & Relationship Status
Fred Trump was married to Mary Anne MacLeod in 1936, a Scottish immigrant. Together, they had five children: Maryanne, Fred Jr., Elizabeth, Donald, and Robert. His family played a crucial role in his professional life, particularly his son Donald, who would take over the family business. The Trumps were known for their strong family ties, and their relationships significantly influenced the trajectory of Fred's career and legacy.
Frederick Christ Trump Sr. (October 11, 1905 – June 25, 1999) was an American real-estate developer and businessman. He was the father of the 45th and 47th U.S. president, Donald Trump.
Net Worth and Salary
At the time of his death, Fred Trump's estimated net worth was around $250 million, primarily derived from his extensive real estate holdings. His business acumen in developing residential properties in New York City, particularly in Queens, set the stage for the Trump family’s future wealth and success. Although exact salary figures during his lifetime are undocumented, it’s evident that his savvy investments contributed substantially to his financial success.
Following the war, Trump expanded into middle-income housing for the families of returning veterans. From 1947 to 1949, he built Shore Haven in Bensonhurst, which included 32 six-story buildings and a shopping center, covering some 30 acre and procuring him $9 million in FHA funding.
In 1950, he built the 23-building Beach Haven Apartments over 40 acre near Coney Island, procuring him $16 million in FHA funds. The total number of apartments included in these projects exceeded 2,700.
Career, Business and Investments
Fred Trump began his real estate career in the 1920s, focusing on building rental housing primarily in Brooklyn and Queens. He was a pioneer in residential development and created thousands of affordable housing units. His business strategies included obtaining government contracts and leveraging low-interest loans to fund his projects. Throughout his career, Fred Trump was known for his keen negotiation skills and ability to capitalize on market trends, which facilitated his rise as a notable figure in the real estate industry.
In federal court in 1934, Trump and a partner acquired the mortgage-servicing subsidiary of Brooklyn's J. Lehrenkrauss Corporation, which had gone bankrupt and had subsequently been broken up. This gave Trump access to the titles of many properties nearing foreclosure, which he bought at low cost and sold at a profit.
This and similar real-estate ventures quickly brought him fame as one of New York City's most successful businessmen.
Social Network
Fred Trump was primarily known for his business network within the real estate sector and his political connections. His relationships included influential figures in New York and the broader real estate community, which helped him expand his business interests. His legacy continues through his children, who are active in various sectors, including real estate, media, and politics.
In 2018, Nylon.com invoked a photograph of the elderly Trump with a pronounced depression behind one cheek (from a mandibulectomy) to opine that the New York Times exposé "led people to know, perhaps for the first time, what Fred Trump looks like—and it turns out he bears resemblance to no shortage of fictional villains". Since 2018, Trump has been portrayed in various media.
Education
Fred Trump attended New Utrecht High School in Brooklyn, where he demonstrated an early interest in business and entrepreneurship. Although he did not pursue college education, his practical experience in real estate and business profoundly shaped his understanding of the industry. Fred Trump’s life is a testament to the belief that success can be achieved through hard work and strategic planning, regardless of formal education.
Minority applicants turned away from renting apartments complained to the New York City Commission on Human Rights and the Urban League, leading these groups to send test applicants to Trump-owned complexes in July 1972.
They found that white people were offered apartments, while black people were generally turned away (by being told there were no vacancies); according to the superintendent of Beach Haven Apartments, this was at the direction of his boss. Both of the aforementioned advocacy organizations then raised the issue with the Justice Department.
In October 1973, the Civil Rights Division of the U.S. Department of Justice (DoJ) filed a civil rights lawsuit against the Trump Organization (Fred Trump, chair, and Donald Trump, president) for infringing the Fair Housing Act of 1968.
In response, Trump attorney Roy Cohn countersued for $100 million in damages, accusing the DoJ of false accusations.
