How a Billionaire's Greenland Interests Encouraged Trump's Acquisition Plans
In a surprising turn of events, Donald Trump's presidency took an unexpected turn when a prominent businessman suggested the US buy Greenland. This idea, it turns out, came from Ronald Lauder, a longtime friend of the president with business interests in the Danish territory. Here's how it unfolded:
The Proposal and Its Origin
During his first term, Trump summoned a top aide to discuss a new idea. John Bolton, the national security adviser, revealed that Trump suggested the US buy Greenland. The proposal came from Ronald Lauder, a wealthy New Yorker and heir to the Estée Lauder cosmetics fortune. Lauder had known Trump for over 60 years, and their relationship goes back to their time at a prestigious business school.
Bolton's Account
Bolton shared that he discussed the Greenland proposition with Lauder. After Lauder's intervention, a White House team explored ways to increase US influence in the vast Arctic territory controlled by Denmark. Trump's interest in Lauder's idea persisted, and he pursued it further during his second term, typical of his approach to information from friends.
Lauder's Business Interests and Policy Suggestions
Lauder's policy suggestions appear intertwined with his business interests. As Trump threatened to seize Greenland, Lauder acquired commercial holdings there. Lauder is also part of a consortium seeking to access Ukrainian minerals, which may have influenced Trump's demand for a share of Ukraine's resources. Lauder's involvement in shaping US policy raises questions about conflicts of interest and self-enrichment.
Lauder's Support for Trump
Lauder's support for Trump is evident. He donated $100,000 to the Trump Victory fundraising committee and praised Trump's insight and intelligence. Lauder also assisted Trump with complex diplomatic challenges, including the idea of Arctic expansion. The Wall Street Journal revealed Trump's interest in Greenland, which Denmark's rulers found outrageous.
Lauder's Greenland Investments
Since 2018, Lauder has invested in Greenland, as reported by Peter Baker and Susan Glasser. Danish corporate records show a company with a New York address and unnamed owners buying into Greenland. Lauder's ventures include exporting 'luxury' springwater from Baffin Bay and generating hydroelectric power for an aluminium smelter.
The Controversy and Its Impact
The US takeover of Greenland, whether by invasion, purchase, or persuasion, could significantly affect Lauder's commercial interests. Denmark's prime minister warned that military action by one NATO member against another would break the alliance. Trump remains determined to acquire Greenland, stating he will do it 'either the nice way or the more difficult way.'
Lauder's Role in Ukraine
Lauder's apparent involvement in shaping US policy extends to Ukraine. A leaked letter named Lauder as part of a consortium seeking to exploit a lithium deposit in war-torn Ukraine. This deal was signed weeks after Lauder's donations to Trump's Maga Inc, and it preserved Trump's support for Ukraine despite his earlier tirade against Zelenskyy.
