Mukesh Ambani, India’s richest man, joins a growing list of foreign investors funneling millions into Trump-branded projects from Dubai to Vietnam.
Via WSJ:
India’s richest man has joined the ranks of foreign developers pouring money into President Trump’s real-estate firm, as the first family ramps up dealmaking after years of aversion to mixing business with global politics.
Investors planning Trump-branded projects in Vietnam, Dubai and Saudi Arabia and elsewhere paid the Trump Organization $44.6 million in foreign licensing and development fees in 2024, up from $8.2 million in 2023 and $9.4 million in 2022, according to the president’s annual financial disclosure report.