In the 1980s, Fred Trump made an important structural change to his empire that produced a big new source of revenue for Donald J. Trump and his siblings. Through family mortgages, Fred Trump made his children his bankers. Over several decades, family mortgages paid Donald Trump the equivalent today of more than $7.8 million: https://nyti.ms/2y4JDJA | The New York Times
1:09
In the 1980s, Fred Trump made an important structural change to his empire that produced a big new source of revenue for Donald J. Trump and his siblings. Through family mortgages, Fred Trump made his children his bankers. Over several decades, family mortgages paid Donald Trump the equivalent today of more than $7.8 million: https://nyti.ms/2y4JDJA | The New York Times
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