As Donald Trump fights a civil case in New York, where the center of contention is the valuation of his properties and assets, his niece Mary Trump said much of her uncle’s wealth was bequeathed and not earned by him.
What Happened: Many people erroneously think Donald Trump is wealthy and he created that wealth himself but in earnest it was inherited from his father Fred Trump, said Mary Trump in a substack post on Thursday. The former president received $413 million in trust funds, gifts and unpaid loans and also inherited a couple of hundred million dollars more after his father’s death, she said.
“My grandfather, Fred, had long harbored aspirations to expand his real estate business across the river into Manhattan, the Holy Grail of New York City real estate, but he didn't have the right skill-set,” said Mary Trump. “Donald, on the other hand, did possess the kind of brazenness and total lack of self-awareness that allowed him to bulldoze the rest of the world into believing he was some kind of entrepreneurial phenom,” she said.
All along, Donald Trump spent time “crafting an image for himself among the Manhattan elite whose circles he was desperate to join,” Mary Trump, who is a psychologist by profession said.
Runs In The Blood: Mary Trump also took at aim at her other family members who also “suffer from the obnoxious belief that they're better than everybody simply by virtue of the fact that they have a lot of money, despite not having earned it.”
She noted that Maryanne Trump, the elder sister of Mary Trump, got her federal judgeship through a return favor. Donald Trump’s son Eric Trump’s wife, Lara Trump a couple of years ago considered a senate run in North Carolina, she noted.
“Unaccomplished grifter sons become media celebrities who somehow end up sharing nuclear secrets with wealthy foreign nationals who paid for the privilege in the form of a country club fee,” the psychologist said.
“What we do know is that Donald justifies his treason by claiming he had every right to the documents and, therefore, had every right to do whatever he wanted with them,” she added.
Donald Trump has suffered no real consequences despite being indicted for the crime of stealing highly classified government documents, she said, adding, “He's still running for president.”
But the charges, the scrutiny, the testimony in six different jurisdictions are starting to take a toll, Mary Trump said. “Donald can lie and spin as much as he wants in the hallways and on the steps of the court house,” she said.
“None of that will fly, however, in the courtroom in front of a judge who has all of the power and is more than happy to remind Donald that he has none.”
Read Next: Best Penny Stocks
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
