He later wooed prospective investors by telling them that he had already secured pledges of billions from government-affiliated funds in #Qatar, the #UAE & #Kuwait, according to people familiar with his pitches who were not authorized to speak publicly.
The #RealEstate fund had the potential to yield hundreds of millions of dollars of revenue for the #Witkoff Group, which #SteveWitkoff founded in 1997. He remains a partial owner of the company, after selling a portion of his stake this year.
The contemplated investment fund, as well as #AlexWitkoff’s fund-raising outreach to Gulf nations, represents another startling example of the #Witkoff family apparently trying to #profit off its patriarch’s proximity to #Trump. #SteveWitkoff & his other son, Zach, already face accusations of *pushing* [passing] ethical boundaries through their #cryptocurrency venture with the Trump family, which also has been doing deals in the #MiddleEast.
