Trump sold his $10 million plane to one of his mega-donors

After nearly $1 billion in judgments against it this year, Donald Trump’s company decided to get rid of one of its personal planes this month, according to public documents. And the client is a Republican mega-donor who contributed almost $250,000. to a political committee related to the 2020 Trump campaign.

The plane, a 1997 Cessna, is worth about $10 million; according to evoJets, the terms of the transaction may not be confirmed.

Federal Aviation Administration records show that on May 13, the plane’s record passed from the Trump Organization’s DT Air Corp to a Texas entity called MM Fleet Holdings LLC. State records link that company to Mehrdad Moayedi, a wealthy person of Iranian-American structure and growth who lives near Dallas and runs Centurion American Custom Homes.

According to his biography, Moayedi founded his company in 1990 and has since built thousands of houses. Centurion claims to be married to entities and publics.

The federal financial campaign knows that in 2019 and 2020, it donated a total of $245,000 to Trump Victory, a committee that raised money for the Trump campaign, the Republican National Committee and the state’s Republican parties, sending the maximum allowable contribution of $5,600 to the campaign. .

Moayedi has also donated thousands of dollars to other Republican applicants and committees, including the RNC, Sen. Ted Cruz (R-TX) and Nikki Haley. In 2022, the developer made a number one donation of up to $2,900 to the senator. Kyrsten Sinema, an Arizona independent who has raised big money in real estate, is accused by some Democrats of being too accommodating to Republicans.

Business Insider had previously reported in the past that the plane had been sold, though the outlet did not provide important details about the buyer.

Trump bragged about the Cessna on the Trump Aviation website, writing that the plane is “a very special item within the Trump Aviation fleet. “

“This high-speed aircraft is known as a ‘rocket in the sky’, it flies at speeds of up to Mach 0. 92 and altitudes of up to 51,000 feet. It is one of the fastest in the world and allows access to smaller airports. ” says the site. The additional site boasts that the aircraft features a “premium interior” that can comfortably accommodate nine passengers, and that the “Trump Crest signature” on the exterior gives “an even superior point of luxury and good looks to this magnificent aircraft. “

Moayedi may simply not be reached for comment.

Journalist of wealth and power.

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