Blackstone Inc. — Trump ownership stake

Trump disclosed an ownership stake in Blackstone Inc.: $1,332,009–$2,880,000 in the saved stock-only schedule, principally valued at December 31, 2025. An investment manager whose funds acquired QTS, a data-center developer and operator. Blackstone shares provide exposure to the investment manager; QTS is a separate portfolio business.1

Investment accounts — disclosed holdings

Disclosed issuer securities1

Blackstone Inc.: $1,332,009–$2,880,000 in the selected company-security holdings, principally valued at Dec. 31, 2025. This selection excludes identified debt and funds.1

Alphabet Inc. — Trump ownership stake

Cloud investment venture2

The May 2026 cloud venture combines an initial $5 billion Blackstone equity commitment with Google chips, software and services.2

Documented connections

Investment accounts — disclosed holdings →Disclosed issuer securities1

Alphabet Inc. — Trump ownership stake →Cloud investment venture2

Ownership and business · September 30, 2026

Trump disclosed an ownership stake in Blackstone Inc.: $1,332,009–$2,880,000 in the saved stock-only schedule, principally valued at December 31, 2025. An investment manager whose funds acquired QTS, a data-center developer and operator. Blackstone shares provide exposure to the investment manager; QTS is a separate portfolio business.

1, 3
Sources and documents
  1. Donald J. Trump, OGE Form 278e, annual report for 2025, received June 29, 2026
  2. Google: Blackstone TPU cloud joint venture
  3. Blackstone Inc. — business activities

AI generated report by Explorvia.com.