I have been an independent financial adviser for over 11 years in the city and in recent years turned my experience in finance and passion for journalism into a full time role. I perform analysis of Companies and publicize valuable information for shareholder community.
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Latest posts by Maria Toliver (see all)
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Procter & Gamble Co. board member Nelson Peltz will open his oceanfront Palm Seashore mansion to President Donald Trump and rich donors Saturday for a dinner that’s anticipated to lift greater than $10 million.
About 30 folks reportedly will attend the Florida occasion that includes Trump, who’s to pose for images with donors to help the president’s marketing campaign for re-election this coming November.
The Peltz banquet, which is to lift cash for the president’s re-election committee and the Republican Nationwide Committee, would be the largest Trump fundraiser since his inauguration in 2017, according to the Washington Post. These invited to attend reportedly gave $580,600 per couple to again Trump’s re-election.
Peltz, who has been a director of the Cincinnati-based maker of shopper items comparable to Pepto-Bismol upset abdomen reliever (NYSE: PG) since 2018, declined to touch upon the fundraiser, a spokeswoman instructed me.
He has donated to help Trump’s bids for the White Home previously.
That included $10,800 that Peltz donated in 2017 to Donald J. Trump for President Inc., $25,000 to Trump Victory in 2017 and $50,000 to Trump Victory in 2016, in line with filings with the Federal Elections Fee.
Peltz, the billionaire hedge fund supervisor who’s CEO of New York-based Trian Fund Administration, donated $5,000 to the Procter & Gamble Good Authorities Fund in 2018.
The Peltz property in Palm Seashore is about 4.2 miles north of the Mar-a-Lago Membership, which Trump refers to as his winter White Home. Mar-a-Lago is valued at $26.6 million, far lower than the Peltz property.
The property that Peltz owns on North County Highway, which consists of three parcels valued at a complete of greater than $136.Four million, features a seashore home known as Montsorrel that encompasses 47,851 sq. toes.
The Peltz parcel at 548 N. County Highway, which incorporates the property home and a swimming pool on 6.7 acres, has a complete market worth of greater than $96.5 million, in line with the workplace of the Palm Seashore County property appraiser.
His neighboring 4.4-acre property at 542 N. County Highway, which features a smaller home and outbuildings that embody a complete of greater than 25,600 sq. toes in addition to out of doors tennis and basketball courts plus a pool, has a market worth of greater than $26.Four million.
A 3rd, vacant parcel that Peltz owns throughout North County Highway, which sits between the manor home and the lot with the smaller home, covers almost 2 acres and has a market worth of greater than $13.5 million.
Trian is a significant shareholder of P&G with a helpful possession stake valued at about $Four billion.
Peltz, who’s an activist investor, waged the largest proxy battle ever earlier than being invited to hitch the board of Procter & Gamble by David Taylor, who’s chairman and CEO.