How Fred Trump Built Donald Trump’s Financial Empire | NYT News

In Donald Trump’s version of how he got rich, he was the master dealmaker who parlayed a $1 million loan from his father into a $10 billion empire. But our investigation shows that in every era of Mr. Trump’s life, his finances were deeply intertwined with, and dependent upon, his father’s wealth, receiving the equivalent of over $400 million from his father’s real estate empire. Read the story here: Subscribe: More from The New York Times Video: ---------- Whether it’s reporting on conflicts abroad and political divisions at home, or covering the latest style trends and scientific developments, New York Times video journalists provide a revealing and unforgettable view of the world. It’s all the news that’s fit to watch.