4.6 • 12 Ratings
🗓️ 18 November 2025
⏱️ 6 minutes
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Donald Trump has had business dealings with the Saudis for decades. The big money arrived after he became president.
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| 0:00.0 | Here's your Forbes Daily Briefing for Tuesday, November 18th. |
| 0:05.3 | Today on Forbes, here's everything we know about Trump's financial ties to Saudi Arabia. |
| 0:12.4 | On October 16, 2018, one day after parroting a claim from Saudi Arabia's king |
| 0:18.6 | that he did not know what happened to murder journalist |
| 0:21.6 | Jamal Khashogshi, Donald Trump tweeted, quote, for the record, I have no financial |
| 0:27.3 | interests in Saudi Arabia, or Russia for that matter. Any suggestion that I have is just more fake |
| 0:33.4 | news, of which there is plenty. Trump may not have had any interests in Saudi Arabia at the time, |
| 0:40.4 | but he had done sporadic business with Saudi Arabia, offloading the Plaza Hotel to a Saudi |
| 0:45.3 | prince in 1995, and selling a set of condos to the Saudi government in 2001. Trump's ties to the Arab |
| 0:53.5 | nation grew stronger in the wake of the Khashogshi murder, |
| 0:56.2 | however, especially after his first term in office ended. Since then, the president and his family |
| 1:02.4 | struck at least nine deals with Saudi investors, pushing millions into the president's golf |
| 1:07.6 | properties, tens of millions into his licensing business, and billions |
| 1:11.9 | into private equity funds, according to Forbes' calculations. |
| 1:16.6 | In 2024 alone, Trump and his extended family collected an estimated $50 million from deals |
| 1:23.0 | connected to Saudi Arabia. |
| 1:25.5 | All that money may help explain why Crown Prince Mohammed bin Salman, |
| 1:30.0 | the man the U.S. intelligence community believes approved a plan to capture or kill Khashoggi, |
| 1:35.4 | is expected to receive a warm welcome when he returns to the White House on Tuesday. |
| 1:40.1 | The prince, who has said he did not order the murder, will surely want to focus on other matters. |
| 1:45.9 | There's much to discuss. |
| 1:47.4 | Military equipment, oil supplies, peace negotiations, and, of course, money, the topic that |
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