Donald Trump Transfers Ownership of Private Jet to Republican Donor

Tuesday, 28 May 2024, 18:15

Former president Donald Trump has sold his private jet, a Cessna Citation X valued between $8.5 million to $10 million, to a holding company associated with Republican donor Mehrdad Moayedi. The sale comes amidst financial constraints faced by Trump, showcasing a shift in his asset holdings.
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Donald Trump Transfers Ownership of Private Jet to Republican Donor

Former President Donald Trump Sells Private Jet

Donald Trump has transferred ownership of his private jet, a Cessna Citation X, to a holding company linked to Mehrdad Moayedi. The jet, valued between $8.5 million to $10 million, was part of Trump's assets.

Financial Constraints Drive Sale

The sale of the private jet comes as Trump faces financial pressures, indicating a strategic move to liquidate assets. By selling the jet to a Republican donor, Trump may have alleviated some cash concerns.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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