India’s richest man Mukesh Ambani 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, says Wall Street Journal in its exclusive story.
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, says Wall Street Journal.