Trump Jr. says Russians make up disproportionate cross-section of assets

| Importance: 9/10 | Status: confirmed

At a New York real estate conference, Donald Trump Jr. stated: “Russians make up a pretty disproportionate cross-section of a lot of our assets. We see a lot of money pouring in from Russia.” He specifically mentioned Dubai, Trump SoHo, and New York properties. This admission revealed the Trump Organization’s significant financial dependence on Russian money during a period when U.S. banks had blacklisted Trump.

Key Actors

Donald Trump Jr. Trump Organization

Tags

russian-money financial-dependency trump-organization real-estate foreign-influence

Sources (3)

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