The Grifter – Like Father, Like Son
The old adage, “Like father, like son,” aptly described the relationship between Donald Trump and his father, Fred. While Fred built a real estate empire, he not only cut corners whenever he could, but he evaded paying hundreds of millions in gift and inheritance taxes in the process of handing over his vast holdings to his children. Q2 2021 hedge fund letters, conferences and more When Donald applied to the University of Pennsylvania as a transfer student, his father actually went to the interview with him. It surely did not hurt his son’s chances when Fred made a very generous contribution t...