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You are here News International How a billionaire with interests in Greenland encouraged Trump to acquire the territory

How a billionaire with interests in Greenland encouraged Trump to acquire the territory

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Ronald LauderOne day during his first term, Donald Trump summoned a top aide to discuss a new idea. “Trump called me down to the Oval Office,” John Bolton, national security adviser in 2018, told the Guardian. “He said a prominent businessman had just suggested the US buy Greenland.”

It was an extraordinary proposal. And it originated from a longtime friend of the president who would go on to acquire business interests in the Danish territory.

The businessman, Bolton learned, was Ronald Lauder. Heir to a makeup fortune – the global cosmetics brand Estée Lauder – he had known Trump, a fellow wealthy New Yorker, for more than 60 years.

Bolton said he discussed the Greenland proposition with Lauder. After the billionaire’s intervention, a White House team began to explore ways to increase US sway in the vast Arctic territory controlled by Denmark.

Trump’s renewed pursuit of Lauder’s idea during his second term is typical of how the president operates, Bolton said. “Bits of information that he hears from friends, he takes them as truth and you can’t shake his opinion.”

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