Trump, Lutnick's sons stand to gain big profits from billion-dollar mining deal: report https://t.co/doNmv4YMtB pic.twitter.com/cG0vsaz26I
— New York Post (@nypost) June 29, 2026
The sons of President Trump and Commerce Secretary Howard Lutnick stand to see a big windfall after businesses tied to the families helped secure a $1.6 billion mining deal in Kazakhstan, according to a new report.
After Trump and Lutnick closed a deal for an American company called Kaz Resources to mine one of the world’s largest untapped reserves of tungsten last November, records indicate that firms tied to their sons saw financial gain from the contract, the New York Times reported.
Dominari Securities — which is housed at Trump Tower in New York and partly owned by the president’s two eldest sons, Donald Trump Jr. and Eric Trump — had joined other investors to take a 20% stake in a company related to the project.