Donald Trump receiving $400 million luxury jet as a gift
Donald Trump is set to receive a $400 million luxury Boeing 747-8 jumbo jet as a gift from the royal family of Qatar, to be used as the new Air Force One until shortly before he leaves office, at which point ownership will be transferred to the Trump presidential library foundation. Legal analysis has concluded that accepting such a gift is permissible, despite ethical concerns.
Key Points
- Trump to receive $400 million luxury Boeing 747-8 jet as a gift from Qatar's royal family
- Jet will be used as the new Air Force One until shortly before Trump leaves office
- Ownership of the plane will then be transferred to the Trump presidential library foundation
- Legal analysis deems the acceptance of the gift as permissible
Pros
- Gift of a luxury jet for official use
Cons
- Ethical concerns about accepting such an extravagant gift