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The National Herald | August 11-17, 2018
Catsimatidis Attends Trump Dinner
BEDMINSTER, NJ – Billionaire
businessman John Catsimatidis,
Red Apple Group Chairman,
President and CEO, was among
a select group of guests who had
dinner with President Donald
Trump on August 7 at Trump National Bedminster golf club. According to Forbes, the guests included “5 billionaires worth a
combined $34 billion and 8 other
high-profile execs, many of
whom have Trump ties going
back decades or current business
with the U.S. government.”
Catsimatidis’ net worth is $3.1
billion from oil, real estate and
the Grsitedes supermarkets,
Forbes reported, adding that “the
longtime GOP backer, who unsuccessfully ran for mayor of
New York City in 2013, donated
to Trump’s presidential campaign.”
Also on the guest list,
Bloomberg News reported, Continental Resources Inc. Chairman
and CEO Harold Hamm, Johnson
& Johnson Chairman and Chief
Executive Officer Alex Gorsky,
real estate tycoon Richard
LeFrak, FedEx Corp. Chairman
and CEO Fred Smith, Boston
Beer Co. Inc. Chairman Jim Koch,
Fiat Chrysler Automobiles NV’s
new chief executive Mike Manley,
Boeing Co. Chairman, President
and CEO Dennis Muilenburg,
and PepsiCo Inc.’s departing chief
Indra Nooyi.
White House spokeswoman
Lindsay Walters said, “This is an
opportunity for the president to
hear from a number of business
leaders from a variety of sizes
and types of companies on how
the economy is doing from their perspective and what their priorities and thoughts are for the year
ahead. These people are managing the American workforce,”
The Detroit News reported.
Among the aides who attended the event were the president’s daughter Ivanka Trump
and son-in-law Jared Kushner;
economic adviser Larry Kudlow,
and deputy chief of staff for policy coordination Chris Liddell.
“Trump enjoys business leaders’ support for the tax law he
signed last year and a deregulation agenda–policies his administration contends are fueling
economic growth and low unemployment,” the Detroit News reported, adding that “Trump’s corporate tax cuts have contributed
to a surge in profits this year, accounting for 43 percent of earnings growth for the S&P 500 in
the first quarter from a year earlier.”
[ The National Herald | August 11-17, 2018 | pp. 1 and 4 ]
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