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Forbes Topline

Trump Reportedly Invites Billionaire Delegation To China For Xi Meeting

Forbes Topline

Forbes

Business News, News, Entrepreneurship, Business

4.8 • 6 Ratings

🗓️ 12 May 2026

⏱️ 3 minutes

🧾️ Download transcript

Summary

President Donald Trump reportedly invited a group of billionaires—worth a combined $870 billion, according to our estimates—to join him on his trip to China this week to meet Chinese President Xi Jinping, their first summit of Trump’s second term, which comes amid tensions over trade, the war in Iran and the future of artificial intelligence. Tesla’s Elon Musk, Blackstone’s Stephen Schwarzman, Apple’s Tim Cook, General Electric’s Larry Culp and BlackRock’s Larry Fink are among the billionaires expected to travel to Beijing with Trump, Bloomberg reported, citing an unnamed White House official. Other high-profile CEOs joining the trip include Boeing’s Kelly Ortberg, Goldman Sachs’ David Solomon and Citigroup’s Jane Fraser, among 17 total executives from U.S. companies reportedly expected to attend the summit. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:03.3

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0:05.4

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0:09.3

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0:13.8

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0:16.5

And when you see the money side, you understand what others miss.

0:20.8

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0:22.9

Subscribe now at Bloomberg.com.

0:28.0

President Donald Trump reportedly invited a group of billionaires worth a combined

0:33.2

$870 billion, according to our estimates, to join him on his trip to China this week to

0:40.3

meet Chinese President Xi Jinping, their first summit of Trump's second term, which

0:46.0

comes amid tensions over trade, the war in Iran, and the future of artificial intelligence.

0:52.4

Tesla's Elon Musk, Blackstone Stephen Swordsman, Apple's Tim Cook, General Electric's Larry

0:59.6

Culp, and Black Rock's Larry Fink are among the billionaires expected to travel to Beijing

1:05.4

with Trump, Bloomberg reported, citing an unnamed White House official. Other high-profile CEOs joining the trip

1:13.3

include Boeing's Kelly Ortberg, Goldman-Saxes David Solomon, and city groups Jane Frazier,

1:19.8

among 17 total executives from U.S. companies reportedly expected to attend the summit.

1:26.4

A number of these business leaders have active negotiations with China.

1:31.0

For instance, Jane Frazier mentioned to Bloomberg in November

1:34.5

that there's a fresh wave of investor interest in the country.

1:38.9

Additionally, Boeing's Ortberg indicated during a recent earnings call

1:43.3

that the company might secure a significant

...

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