Massad Boulos, Tiffany Trump’s father-in-law, has long been portrayed as an ultra-wealthy business mogul, but new reports reveal that the reality of his financial standing is far less glamorous than his public image suggests.
According to a shocking investigation by The New York Times, Boulos, who has been described as a billionaire business guru, spent the last two decades working as a truck and machinery salesman for a Nigerian company that made only $66,000 in 2023.
Boulos, who is set to become a Middle East adviser under President-elect Donald Trump’s administration, has often been portrayed as a successful businessman with connections spanning the globe. However, his actual business dealings and financial assets tell a different story.
International media outlets, including The Economist, have referred to Boulos as a “successful Lebanese-American businessman” with a significant presence in the business world. However, these glowing profiles may have been based on misleading information.
Boulos has been presented as a powerful tycoon, and his high-profile connections, including his relationship with Tiffany Trump and his future role in the Trump administration, have only added to his allure.
But the truth is less glamorous. Boulos was linked to a company called COA Nigeria PLC, which he claimed to be a “multibillion-dollar automotive manufacturing and distribution company.” In an interview with The Times, he confidently referred to the company as “big” with a “long history.”
However, The New York Times revealed that COA Nigeria PLC is worth only about $865,000 at its current share price, a far cry from the multibillion-dollar empire Boulos claimed it to be. Even more startling, Boulos’ stake in the company is valued at less than $2.
When confronted about his false claims, Boulos reportedly told The Times that he was simply confirming the information he had heard from other media outlets. It appears that he has allowed his image as a wealthy businessman to be shaped by incorrect reports over the years.
Despite the discrepancies in his financial background, Boulos has enjoyed high praise from his connections within the Trump family. He was even appointed a senior advisor on Arab and Middle Eastern Affairs during Donald Trump’s campaign, with Trump himself calling Boulos a “dealmaker.”
Boulos’ rise in the Trump administration is tied to his personal connection to Tiffany Trump, who married Boulos’ son, Michael, in 2022. The couple has been photographed at several Trump events, including the Republican National Convention and Trump’s election night celebration.
Boulos, born in Lebanon, moved to Texas as a teenager and has since gained multiple citizenships, including Lebanese, Nigerian, French, and American. He now finds himself in line for a crucial advisory role on Middle Eastern affairs, which could make him one of the most influential figures in Trump’s second administration.
However, the questions surrounding his business ventures cast a shadow over his credibility. According to The Times, Boulos’ wife, Sarah Fadoul Boulos, comes from a wealthy family, and Boulos himself has admitted that much of his wealth comes from his relationship with her.
Despite his claims of success, Boulos has struggled to launch several business ventures, including an “erotic drink” manufacturer, construction companies, and even a restaurant. None of these ventures have gained the traction that would be expected from a self-described billionaire.
This is not the first time a Trump associate has faced scrutiny over exaggerated claims of wealth. Wilbur Ross, former Secretary of Commerce, was also found to have inflated his net worth, falsely presenting himself as a billionaire while being valued at only $700 million.
The revelations about Boulos’ financial status are likely to raise questions about the Trump administration’s ties to wealthy individuals with questionable business dealings.
While Boulos’ role as a Middle East advisor does not require Senate approval, his appointment underscores the influence of family connections and wealth in shaping the political landscape.
Despite the mounting evidence that Boulos’ billionaire status may be a fabrication, it seems that his connections to the Trump family are unlikely to diminish his standing in MAGAworld. He has served as an intermediary between Donald Trump and Palestinian Authority leader Mahmoud Abbas, further solidifying his role in the political arena.
The Trump transition team has declined to comment on the revelations, and it remains to be seen how these new details will affect Boulos’ future in the administration.
