The Real Estate Empire of the Trump family

The Real Estate Empire of the Trump family

When Judy Klemesrud at New York Times described Donald Trump in 1976, she described him as tall, slim and blond, with brilliant white teeth, and resembling Robert Redford. She described seeing his initials DJT on his plates, and how he drove around town in a chauffeured silver cadillac. He dated slinky fashion models, he was thought to belong the most glamorous clubs and claimed to be worth more than $200 million at just 30 years of age.

The New York Times released a special report last week that looked at the real estate empire of the Trump family and the dubious tax schemes they allegedly employed over the years to maintain, expand and move it on. This isn’t meant to give real estate a bad name, especially not the great work deployed by property developers in general.

Donald Trump earned at least $413 million in today’s dollars from the family empire, according to the Times, much of which was rebuked by a lawyer for the president.

I have just finished reading the entire report. This is a lengthy one. But if you’re interested, then you can do the same. If you would like a variant of the Coles Notes (Cliff Notes for you Americans), then have a scroll through the headlines in 11 Takeaways From The Times’s Investigation Into Trump’s Wealth by the New York Times.