Tom Barrack and Donald Trump have been close for decades — the two men are so close that Barrack comforted Trump during the funeral of his father, Fred.
But the intimate relationship between the wealthy California investor and the president has fractured so badly that the two no longer speak.
The key issue driving the two men apart: Barrack’s role as chairman of the president’s 2017 inauguration fund, which is under investigation by prosecutors.
Trump was “really upset” to read reports about Barrack’s role in allegedly making it easy for some foreigners and others to try to spend money to get access to Trump and his inner circle and whether some of the inauguration money was misspent, according to a senior administration official.
[tweet “The president was really surprised to read all about the inauguration and who was trying to buy access and how, because the president doesn’t get any of that money, said the official”]
Barrack and Trump have known each other since the late 1980s, when Barrack, now CEO and executive chairman of the real estate and private equity firm Colony Capital, helped sell him the Plaza Hotel in New York for almost $410 million.
Barrack, 72, has said in interviews that he grew close to Trump, 73, during “soft moments”.
A major fundraiser for the 2016 campaign, he spoke warmly of his friend at the convention in Cleveland — flattering him by saying, among other things, that the New York real estate mogul had played him “like a Steinway piano” in business dealings.
Sonia Rina Landry is a passionate entrepreneur, speaker, author, and personal development coach. She is an outspoken advocate of the free market economy and has helped countless clients identify their core values, envision and realize goals that resonate with those values. She oversees several businesses online and offline.