Tiny Red HandsBack

Tahnoon-backed WLF stake purchase reportedly paid Witkoff-associated entities

Date
2025-01-16
Entry type
foreign-equity-transaction
Current status
$31 million routed to Witkoff-associated entities within the reported WLF purchase
Last reviewed
2026-09-03

Independent reports trace $31 million of a $500 million UAE-backed equity purchase to entities associated with the Witkoffs.

Entities and roles

Relationships in this file

  1. Donald J. TrumpTrump envoy linked to WLF entity paymentSteve Witkoff

Money trail

  1. paymentReported payment to Witkoff-associated entities$31 million
    Paid by / source
    Tahnoon-backed UAE company
    Received by
    Witkoff-associated entities
    realized · 2025-01-16 · observedPopulation Portion of the reported $500 million WLF equity purchase routed to entities associated with the WitkoffsPeriod 2025-01-16 to 2025-01-16Basis Use Public Citizen's attributed $31 million entity-payment report as a component of the independently corroborated $500 million equity purchase.Limits The underlying purchase agreement was not available in the reviewed sources; beneficial ownership, later distribution, and Steve Witkoff's personal receipt were not established.Open cited evidence

Claims and evidence

  1. factreported

    Public Citizen, citing the underlying Wall Street Journal reporting, said a company backed by UAE national security adviser Sheikh Tahnoon bought 49% of World Liberty Financial for $500 million four days before Trump's inauguration and that $31 million was routed to entities associated with the Witkoffs. AP independently confirmed the $500 million UAE government-linked purchase. The White House and WLF denied that the separate UAE chips decision was connected to the later USD1 transaction.