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

[Music] I took a tiny little beautiful little company started by my father and I gained tremendous knowledge from my father because he was a great negotiator and I built it into a massive company that's worldwide he was so proud of me but I borrowed very little money from my father my father was tough and he was from Brooklyn and he built houses in Brooklyn and I borrowed a million dollars and I built it into a company that's worth more than ten billion dollars you know I started off actually with a father who is great but he was in Brooklyn Queens you grew up in Brooklyn or Queens I think right so you understand it's a different kind of a work it's not been easy for me it has not been easy for me a lot of people I'd say oh my father was this massive realistic I eat it was this beautiful little smile no father gave me great knowledge didn't give me a lot and later on during pencil II give me something but I have brothers sisters my father didn't have that kind of money where he could give that kind of money out my father didn't want me to go into Manhattan and he said son that's not our territory we should stay here that's not you know nothing about that but I want to build big buildings Bob because he was from Brooklyn and Queens where we did you know smaller things and by the way one of my father passed away remember I have four I have a total of five in my family so we have brothers sisters these people writing books about I got this I got that I got peanuts and when my father died by that time I had already built a great fortune and my father didn't leave a great fortune it was Brooklyn and Queens real estate and it wasn't a great fortune but now what they do is they build it up like oh he left donald money and my father never gave any money when my father passed away he gave some but by the time he had passed away i had already built my business I built this Empire and I did it by myself nobody did it for me you

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