Fred Trump – A Real Estate Developer
Fred Trump, was an American real-estate developer and the father of the 45th president of the US, Donald Trump.
Died On: June 25, 1999
Died At Age: 93
Born In: The Bronx, New York City, New York
Famous As: Real Estate Developer
Introduction, Fred Trump:
Frederick Christ Trump Sr., better known as Fred Trump, was an American real-estate developer and the father of the 45th president of the US, Donald Trump. He was born and raised in New York, US. After his father’s death, Fred Trump started a house construction company, in partnership with his mother. He was just 15 years old then. He began with building car garages and progressed to construct apartment houses.
He built barracks and apartments near shipyards for ‘US Navy’ staff, during World War II. He also constructed single-family apartment complexes for returning servicemen and middle-income group people. He built more than 27 thousand apartments in and around New York City. He was investigated for wartime profiteering from public contracts and was called before a ‘US Senate’ committee. He was a hard-working and ambitious man. Fred Trump and his company faced a racial discrimination suit filed by the ‘Civil Rights Division’ of the ‘US Department of Justice’ for violation of the ‘Fair Housing Act.’ He was married to Mary Anne MacLeod, and they had five children. He suffered from Alzheimer’s disease during the later years and died at the age of 93
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.
Major achievements Fred Trump:
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
Reasons of achievements:
Frederick Christ Trump Sr. happens to be the developer of the American real-estate because of his determination, long-sightedness and consistency. From the very beginning he carved his way in such a way that with every input in his professional and educational life, he moved forward towards his goal of expanding the business.