Tall Buildings

Donald Trump's German Flop

March 15, 2016 - Florida, U.S. - Republican presidential candidate Donald Trump speaks after winning Florida's primary election at Mar-a-lago in Palm Beach on March 15, 2016 [ Rechtehinweis: usage Germany only, Verwendung nur in Deutschland ]
Republican presidential candidate Donald Trump.
  • Why it matters

    Why it matters

    Donald Trump’s participation in a failed German real estate venture launched in 2000 may provide insights into his character as he runs for the Republican presidential nomination.

  • Facts

    Facts

    • In August 2000, Mr. Trump became co-owner of TD Trump Deutschland AG, a company that planned to build skyscrapers in Germany.
    • Plans for tall buildings in Berlin, Frankfurt and Stuttgart came to nothing.
    • Mr. Trump is running for U.S. president in the 2016 federal elections.
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  • Audio

    Audio

  • Pdf

 

Donald Trump likes to refer to Germany as the land of his ancestors, who came from a small southern German town called Kallstadt.

His grandfather, Friedrich Drumpf, came to the United States in 1885, he recalled in the documentary “The Kings of Kallstadt.”

“He joined the great gold rush; he did fantastically well; he loved this country,” he said.

But the Republican front-runner for president has another German history — one he doesn’t dwell on.

In August 2000, the self-proclaimed King of New York became co-owner of TD Trump Deutschland AG, a real estate joint venture that aimed to enrich Germany with Trump-like skyscrapers.

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