Massad Boulos, known as the father-in-law of Tiffany Trump, is set to become a key advisor despite misleading portrayals of his wealth and influence.
Trump’s Middle East Adviser: A Closer Look at Massad Boulos
Trump’s Middle East Adviser: A Closer Look at Massad Boulos
Donald Trump's pick for Middle East adviser, Massad Boulos, challenges the billionaire myth with a modest business background.
Article Text:
In the latest development within President-elect Donald Trump's cabinet selections, Massad Boulos has been announced as his incoming Middle East adviser. Boulos, often portrayed in the media as a savvy billionaire dealmaker, has a significantly different reality according to corporate filings and records.
While Mr. Trump publicly hailed Boulos as "a highly respected leader in the business world" with considerable international experience, the facts suggest otherwise. Over the past two decades, he has primarily focused on selling trucks and heavy machinery in Nigeria through a company controlled by his father-in-law, SCOA Nigeria PLC. Notably, the company reported a modest profit of less than $66,000 in the previous fiscal year.
Despite media narratives branding him a tycoon, the actual valuation of Boulos's businesses reveals more modest figures. The truck dealership associated with him stands at a market valuation around $865,000, with his reported stake valued at just $1.53. Moreover, Boulos Enterprises, often referred to as his family business, is clarified by an insider to be owned by an unrelated family altogether.
Adding to the scrutiny, Boulos himself remarked that he has not visited the Middle East in years, raising questions about his capability to advise on its complex geopolitical issues. Importantly, unlike many senior appointments, his advisory role does not require Senate approval, leaving the door open for potentially unqualified guidance on a region long filled with conflict.
As Massad Boulos steps into his role, he epitomizes the growing gap between perception and reality in high-level advisory positions within the Trump administration.
In the latest development within President-elect Donald Trump's cabinet selections, Massad Boulos has been announced as his incoming Middle East adviser. Boulos, often portrayed in the media as a savvy billionaire dealmaker, has a significantly different reality according to corporate filings and records.
While Mr. Trump publicly hailed Boulos as "a highly respected leader in the business world" with considerable international experience, the facts suggest otherwise. Over the past two decades, he has primarily focused on selling trucks and heavy machinery in Nigeria through a company controlled by his father-in-law, SCOA Nigeria PLC. Notably, the company reported a modest profit of less than $66,000 in the previous fiscal year.
Despite media narratives branding him a tycoon, the actual valuation of Boulos's businesses reveals more modest figures. The truck dealership associated with him stands at a market valuation around $865,000, with his reported stake valued at just $1.53. Moreover, Boulos Enterprises, often referred to as his family business, is clarified by an insider to be owned by an unrelated family altogether.
Adding to the scrutiny, Boulos himself remarked that he has not visited the Middle East in years, raising questions about his capability to advise on its complex geopolitical issues. Importantly, unlike many senior appointments, his advisory role does not require Senate approval, leaving the door open for potentially unqualified guidance on a region long filled with conflict.
As Massad Boulos steps into his role, he epitomizes the growing gap between perception and reality in high-level advisory positions within the Trump administration.
