An Indian billionaire was targeted by Trump. Then he poured money into a startup secretly backed by Donald Trump Jr.
· KRGV (NBC 5)
In late November, Indian billionaire Anant Ambani met with Donald Trump Jr. in India amid escalating tensions between the Trump administration and Ambani's energy empire. Following their meeting, Ambani's company invested over $100 million in America First Refining, a Texas startup linked to Trump Jr. This investment raised eyebrows due to the startup's troubled history and the significant political connections involved. Trump Jr. reportedly holds a stake in the company, although details remain unclear. The deal coincided with favorable U.S. policy changes for Reliance Industries, suggesting a potential alignment of interests between the Ambanis and the Trump family.
AI summary · Source: KRGV (NBC 5) →
