Billionaire Ronald Lauder Pushed Trump's Greenland Acquisition Idea

Explainers
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Firstpost•16-01-2026, 14:07
Billionaire Ronald Lauder Pushed Trump's Greenland Acquisition Idea
- •Ronald Lauder, an 81-year-old cosmetics billionaire, is identified as the person who encouraged Donald Trump to acquire Greenland.
- •Former US National Security Adviser John Bolton confirmed Lauder planted the idea in Trump's mind in 2018.
- •Lauder defended Trump's interest in Greenland as strategic, citing its rare-earth elements, emerging maritime routes, and geopolitical importance.
- •Lauder has been investing in Greenland through firms like Greenland Water Bank and Greenland Development Partners, with local political connections.
- •Concerns exist that Lauder's investments aim to gain influence with the Greenlandic elite and shape the narrative in favor of the US over Denmark.
Why It Matters: Cosmetics billionaire Ronald Lauder was the driving force behind Donald Trump's controversial Greenland acquisition idea.
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