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International Business Times UK
International Business Times UK
World
Aiza Moraña

Major Trump Business Fail: Report Claims Saudi Donors Pull Aid While Faithful MAGA Base Loses 97%

Donald Trump is facing renewed scrutiny as two ventures closely tied to his public brand come under pressure at the same time. On 29 April, reports said Saudi Arabia's Public Investment Fund was preparing to end funding for LIV Golf after this season, while market trackers and crypto reports showed Trump's meme coin had fallen by roughly 97% from its peak.

The twin developments have drawn attention because both projects were promoted as signs of Trump's influence beyond formal politics. LIV Golf became closely associated with Trump through events at his properties and his public support for the breakaway league, while the token drew backing from supporters and speculative investors who treated it as both a political symbol and a high-risk financial bet.

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