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<blockquote data-quote="Box Ox" data-source="post: 3945555" data-attributes="member: 48469">Hardly <a href="https://www.economist.com/united-states/2018/10/06/donald-trumps-inheritance" target="_blank">Donald Trump’s inheritance</a>“The NYT counted 295 revenue streams from Fred to Donald and his siblings, which began flowing when they were children. It estimates that Donald received at least $413m in today’s money from his father’s empire, mostly from property transfers and a “flood” of loans, many never repaid. Had the money gone straight into a fund tracking the S&amp;P 500 when received, it would now be worth almost $2bn.”“Documents show that Fred’s children took over ownership of most of his empire in 1997, 19 months before he died. The value put on the properties at the time was $41.4m. The buildings were sold over the next decade for more than 16 times as much. The transfer and subsequent sales may have allowed the younger Trumps to avoid hundreds of millions in taxes.”</blockquote>

[QUOTE="Box Ox, post: 3945555, member: 48469"] Hardly [URL="https://www.economist.com/united-states/2018/10/06/donald-trumps-inheritance"]Donald Trump’s inheritance[/URL] “The NYT counted 295 revenue streams from Fred to Donald and his siblings, which began flowing when they were children. It estimates that Donald received at least $413m in today’s money from his father’s empire, mostly from property transfers and a “flood” of loans, many never repaid. Had the money gone straight into a fund tracking the S&P 500 when received, it would now be worth almost $2bn.” “Documents show that Fred’s children took over ownership of most of his empire in 1997, 19 months before he died. The value put on the properties at the time was $41.4m. The buildings were sold over the next decade for more than 16 times as much. The transfer and subsequent sales may have allowed the younger Trumps to avoid hundreds of millions in taxes.” [/QUOTE]

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