Tiffany Trump’s Partner Reportedly Involved in Yacht Deal with Jared Kushner that Sourly Unravelled
New revelations have emerged regarding a yacht deal gone awry involving Michael Boulos, the spouse of Tiffany Trump, and Jared Kushner, the husband of Ivanka Trump. The deal, which has since turned sour, sheds light on the complexities within the Trump family circle and their business engagements.
According to a recent report from the New York Times, text messages indicate that members of the yacht brokerage firm, where Boulos was employed, may have deliberately overcharged Kushner during the transaction. The aftermath of this deal has left the superyacht unfinished, languishing overseas for three years.
Boulos, who tied the knot with Tiffany Trump in 2022, strategically leveraged his connections with the Trump family, particularly with Jared Kushner, to further his personal interests. The report suggests that the 27-year-old may have exploited his familial ties to broker the deal, which ultimately did not yield the expected results.
The collaboration between Boulos, his cousin Jimmy Frangi, and Kushner revolved around the acquisition, refurbishment, and subsequent sale or lease of a luxury yacht as a lucrative investment opportunity. However, discrepancies in the pricing and undisclosed information have marred the venture, leading to a significant rift in the business relationship.
In correspondence shared by the Times, it was revealed that the brokerage firm misrepresented the actual costs involved in the yacht deal to Kushner. The inflated figures, including a substantial commission for the business, painted a misleading picture of the financial aspects of the transaction, potentially leading to an overcharge of approximately $2.5 million.
Despite Boulos’ direct involvement in pitching the yacht deal to Kushner and facilitating the initial discussions, there are indications that crucial details were withheld from the latter. Text messages from the brokerage firm suggested a deliberate effort to obscure information from Kushner, raising questions about transparency and ethical business practices.
As the situation escalated and discrepancies came to light, Boulos expressed dissatisfaction with the unfolding events, indicating a degree of unawareness or detachment from the questionable practices within the brokerage firm. Tiffany Trump’s spokesperson emphasised her lack of involvement or awareness in the dealings, distancing her from the controversy surrounding the yacht deal.
Efforts to salvage the situation are ongoing, with Boulos reportedly seeking a new buyer for the unfinished yacht in Greece. Statements from representatives of both Boulos and Kushner hint at attempts to resolve the issue and move forward from the fallout of the tainted deal. The repercussions of this incident underscore the complexities of navigating personal and professional relationships within high-profile families such as the Trumps.
In conclusion, the revelations surrounding the yacht deal involving Michael Boulos, Tiffany Trump’s husband, and Jared Kushner shed light on the intricate dynamics at play within influential family circles. The fallout from this partnership serves as a cautionary tale about the potential pitfalls of leveraging connections for personal gain, underscoring the importance of transparency and integrity in business dealings.