Day: October 2, 2018

In Donald Trump’s version of how he got rich, he was the master dealmaker who parlayed a $1 million loan from his father into a $10 billion empire. But our investigation shows that in every era of Mr. Trump’s life, his finances were deeply intertwined with, and dependent upon, his father’s wealth, receiving the equivalent of over $400 million from his father’s real estate empire.

Read the story here: https://nyti.ms/2xRO9vK
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More from The New York Times Video: http://nytimes.com/video
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Whether it’s reporting on conflicts abroad and political divisions at home, or covering the latest style trends and scientific developments, New York Times video journalists provide a revealing and unforgettable view of the world. It’s all the news that’s fit to watch.

By the age of 3, Donald Trump was a landlord, earning $200,000 a year in today’s dollars from his father’s empire. He was a millionaire by age 8. Here’s how Fred Trump’s maneuver created a steady stream of income for Donald Trump and his siblings.

Read the story here: https://nyti.ms/2xRO9vK
Subscribe: http://bit.ly/U8Ys7n
More from The New York Times Video: http://nytimes.com/video
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Whether it’s reporting on conflicts abroad and political divisions at home, or covering the latest style trends and scientific developments, New York Times video journalists provide a revealing and unforgettable view of the world. It’s all the news that’s fit to watch.

In the 1980s, Fred Trump made an important structural change to his empire that produced a large new source of revenue for Donald Trump and his siblings; using family mortgages, Fred Trump made his children his bankers.

Read the story here: https://nyti.ms/2xRO9vK
Subscribe: http://bit.ly/U8Ys7n
More from The New York Times Video: http://nytimes.com/video
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Whether it’s reporting on conflicts abroad and political divisions at home, or covering the latest style trends and scientific developments, New York Times video journalists provide a revealing and unforgettable view of the world. It’s all the news that’s fit to watch.

By Nov. 22, 1997, Donald Trump and his siblings owned nearly all of Fred Trump’s empire free and clear of estate taxes. How did they do it? A special type of trust with a clunky acronym: GRAT, short for grantor-retained annuity trust. GRATs are one of the tax code’s great gifts to the ultrawealthy. They let dynastic families like the Trumps pass wealth from one generation to the next — be it stocks, real estate, even art collections — without paying a dime of estate taxes.

Read the story here: https://nyti.ms/2xRO9vK
Subscribe: http://bit.ly/U8Ys7n
More from The New York Times Video: http://nytimes.com/video
———-
Whether it’s reporting on conflicts abroad and political divisions at home, or covering the latest style trends and scientific developments, New York Times video journalists provide a revealing and unforgettable view of the world. It’s all the news that’s fit to watch.

Scientists at the University of Colorado, Boulder, studied how ants collectively navigated around a variety of Lego blockades. Watch this 2016 episode of ScienceTake to see how they performed.

Read the story here: https://www.nytimes.com/video/science/100000004764528/ant-obstacle-course.html

Every week, ScienceTake answers questions like how monkeys teach manners, elephants show empathy and ants imitate water. Tune in Tuesdays at 4 p.m.

Subscribe: http://bit.ly/U8Ys7n

More from The New York Times Video: http://nytimes.com/video
———-
Whether it’s reporting on conflicts abroad and political divisions at home, or covering the latest style trends and scientific developments, New York Times video journalists provide a revealing and unforgettable view of the world. It’s all the news that’s fit to watch.