A wealthy man known as the ‘richest Welshman in the world’ has criticized Donald Trump, labeling him as an “absurd buffoon.” Cardiff-born billionaire Sir Michael Moritz amassed his wealth in Silicon Valley and has close relationships with prominent tech figures like Elon Musk. His fortune, estimated by The Sunday Times, stands at £4.435 billion.
In regards to the controversial US president, Moritz expressed pity for Musk, mentioning his involvement with Trump following SpaceX’s support in his White House reelection. In an interview with The Times, Moritz stated that many individuals who associate with Trump are fully aware of his true nature and consider him to be a ridiculous figure. He described Trump as running a protection scheme where people must pay for his support.
Moritz, who found success with Sequoia Capital, a venture capital firm, resides in San Francisco with his spouse. Recent events surrounding Trump include his expressed desire to acquire Greenland, citing concerns of potential Russian or Chinese interference if the US does not act. Trump’s remarks at an oil industry event hinted at intentions to tap into Venezuelan resources and his determination to acquire Greenland by any means necessary.
The president’s statements indicated a willingness to pursue Greenland’s acquisition forcefully if necessary, emphasizing the strategic importance of preventing Russian or Chinese influence in the region. Trump’s aggressive stance on Greenland has raised international concerns and sparked discussions on potential geopolitical implications.