Father and Son
Donald Trump and his father were included in the initial richest Americans list by Forbes in 1982. This was due to the fact that the duo had a combined fortune of $200 million. In 1976, Fred set up trust funds of $1 million each of his kids and grandkids. Donald has said that he began his career with a “small loan of $1 million” from his father. Although, he would have had access to the fortune his father and grandfather built. However, if you were under the impression that Donald Trump would be happy with a measly $200 million fortune, you’d be mistaken.
Father And Son
The Business
Donald continued to accumulate a huge fortune throughout the 1980s. Eventually, he secured a spot on the Forbes billionaires list in 1989. Later, Forbes reporter Jonathan Greenberg revealed that he thought Trump was tricking him about his family’s wealth in order to make the list. Trump’s journey to the billionaire list was short-lived, however. From 1990-1995, business losses kept him off the list. In this picture, Trump shared a memory of his failed bid to build the New York City convention center. “#TBT As a young man when I proposed the Convention Center in New York City.”
The Business
