These Billionaires Bet Big On Greenland—After Trump Took Interest
ByMartina Di Licosa,Forbes Staff. Martina Di Licosa is a reporter covering consumer
As Trump increasingly threatens to take control, some of the most powerful people in the world have taken their own interest in the mineral-
Just months after President Donald Trump first expressed interest in the United States possibly gaining control over Greenland, some of the richest people in the world—including Jeff Bezos, Bill Gates and Michael Bloomberg—began making strategic investments in the mineral-rich island.
KEY FACTS
Ronald Lauder: The heir to the Estée Lauder fortune, is credited with giving Trump the idea of taking over Greenland during his first term, former White House national security adviser John Bolton confirmed to Forbes.
Lauder has since invested, according to the Danish newspaper Politiken, in an unprofitable Greenlandic freshwater bottling company co-owned by Jørgen Wæver Johansen, local chair of the governing Siumut party in Nuuk and husband to Greenland’s minister of foreign affairs, Vivian Motzfeldt, raising concerns about political interference.
Jeff Bezos, Bill Gates and Michael Bloomberg: All have invested since 2019 in Kobold Metals, which looks for valuable rare earth minerals used in electronic devices through AI-powered exploration of the island.
















