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1h ago

NYT Details Boulos Family Deals Tied to Trump Connections, Including $2.5 Million Yacht Overcharge Claim

New reporting describes overcharging claims tied to influence‑seeking based on proximity to the Trump family.

Jared Kushner and Ivanka Trump.
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(L-R) Michael Boulos and Tiffany Trump wait for the arrival of US President Donald Trump and First Lady Melania Trump at Orlando International Airport in Orlando, Florida, on June 18, 2019. – Trump kicks off his reelection campaign at what promised to be a rollicking Tuesday evening rally in Orlando. (Photo by MANDEL NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images)
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Overview

  • The New York Times reports Michael Boulos profited from deals with his Trump in‑laws following his 2022 engagement and marriage to Tiffany Trump.
  • Texts and a lawyer’s description cited by the Times indicate Jared Kushner was overcharged by about $2.5 million on an investment in a roughly 50‑meter superyacht brokered through Boulos’s cousin’s firm.
  • A related effort by cousin Jimmy Frangi to secure a Saudi businessman a spot at the Boulos‑Trump wedding for photo‑op value did not succeed, and the yacht remains half‑built in Greece.
  • After the 2024 election, Massad Boulos became a presidential adviser on the Middle East and later a senior State Department adviser on Africa, according to the report.
  • Former Guinean prime minister Lansana Kouyaté confirmed Michael Boulos is seeking to assemble U.S. investors with African governments, while no new formal ethics inquiry was reported.