The Athletic reported:
President Donald Trump and PIF Governor Yasir Al-Rumayyan were together before the final round of LIV Golf’s event at Trump National Bedminster on Sunday.
The Saudi sovereign wealth fund pulled out of LIV Golf, "golf but louder", after Trump II attacked Iran alongside Israel in a war of choice. The conflict began February 28, 2026. Saudi Public Investment Fund (PIF) withdrew future support for LIV in April.
“The substantial investment required by LIV Golf over a longer term is no longer consistent with the current phase of PIF’s investment strategy. This decision has been made in light of PIF’s investment priorities and current macro dynamics.".
LIV Golf has been a frequent user of Trump golf courses for its professional golf tournaments. A number of Trump family members were at Bedminster over the weekend. Ivanka and Eric showed up in pictures.
Was Al-Rumayyan there for a future PIF investments in Trump II's or one of his kids' projects? Ivanka is working on an Albanian luxury resort that surely needs capital.
The Saudi SWF Chief may have been there to wrap up PIF's involvement with LIV Golf.
PIF was considering paying off remaining player contracts to settle any potential liability. Multiple players, most notably Jon Rahm, could be convinced to stay with LIV and be given equity in “LIV 2.0” as a result.Al-Rumayyan may have been there to sell their Saudi equity stake for pennies on the dollar.
As for Trump II's other ventures, there has been much news from his Truth Social company. A Trump Media and Technology Group press release (of an FT article) stated:
Trump calls Truth Social “his typewriter”, according to the 53-year-old CEO Kevin McGurn.Trump II's presidential words are being sold for preferential access. Trump previously called Twitter "his typewriter", while his "human printer" is White House aide Natalie Harp.
McGurn also said he sees these initiatives:
"becoming a core part of Trump’s business portfolio after the 2028 election when its poster-in-chief stands down."
They've designed an exclusive service and their defense to unfair access to market moving insider information is:
" let the internet and the packet delivery take care of itself."
These people are shameless.
Trump Media reached a confidential settlement with original DWAC investors Patrick Orlando and ARC Global Investments II. A 2024 lawsuit challenged the conversion rate of Class B shares.
"all claims between and among individuals and entities including Trump Media, Patrick Orlando, and ARC Global Investments II LLC have been mutually resolved pursuant to a confidential settlement agreement."
Sometimes the shameless fight amongst themselves.
