Page 4 - Donald Trump: 45th US President
P. 4

Chapter 1







                           Born Into a



                     Wealthy Family







                     hen Donald John  Trump was born on June 14, 1946, in
              W Queens, New York, his family had been in the real estate busi-
              ness for two generations. Donald’s grandfather Friedrich Trump, who
              was born in the small town of Kallstadt, Germany, grew wealthy after
              moving to the United States in 1885 at the age of sixteen. Donald’s
              father, Fred Trump, was a real estate developer who constructed thou-
              sands of row houses and almost twenty-fi ve thousand apartment units
              in the New York City boroughs of Brooklyn and Queens.
                 Th  e Trump family fortune can be traced to Donald’s grandfather

              Friedrich, who opened a restaurant, saloon, and brothel in the Klon-
              dike region of the Yukon in Canada in 1896 during the gold rush. In
              1902 Friedrich married Elizabeth Christ, a native of Kallstadt. Th  e
              couple moved to Queens, where Donald  Trump’s father, Frederick
              “Fred” Christ Trump, was born in 1905. By 1915 the population of
              Queens was growing quickly, which inspired Friedrich to invest his
              savings in the real estate market. He bought fi ve vacant lots and set
              up a mortgage company to loan money to people who wished to buy
              houses.
                 In 1918 an infl uenza pandemic killed somewhere between 20 mil-
              lion and 40 million people worldwide. Forty-nine-year-old Friedrich
              Trump was among the victims. At the time of his death Friedrich was
              worth around $32,000. Th  is was a substantial sum of money during
              this era when the average industrial worker made $25 a week and a
              three-bedroom home in Queens sold for $3,000.



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