Philenews

Billionaires Invest in Greenland Following Trump's Interest

Published January 13, 2026, 08:22
Billionaires Invest in Greenland Following Trump's Interest

Following Donald Trump's expressed interest in purchasing Greenland, several billionaires, including Jeff Bezos, Bill Gates, and Michael Bloomberg, have begun making strategic investments in the mineral-rich island. Ronald Lauder, heir to Estée Lauder, is believed to have been the one who suggested the idea of purchasing Greenland to Trump. He has invested in a bottled water company and is involved in the construction of a hydroelectric power station. Bezos, Gates, and Bloomberg have invested in Kobold Metals, which is researching for rare earth minerals using Artificial Intelligence. Additionally, Peter Thiel funded a startup aiming to build a technologically advanced city on the island. These investments indicate growing interest in Greenland's resources and strategic location.