Billionaire Sir Michael Moritz, known as the ‘richest Welshman in the world,’ criticized Donald Trump, calling him an “absurd buffoon.” Moritz, who amassed his wealth in Silicon Valley, is acquainted with prominent tech figures like Elon Musk. His fortune is estimated at £4.435 billion by The Sunday Times.
In an interview with The Times, Moritz expressed pity for Elon Musk for associating with Trump, describing the US president as a manipulative figure demanding payment for protection. Moritz highlighted Trump’s focus on issues like trade competition with China, immigration, defense spending by Europe, and government inefficiencies.
Moritz, who achieved success with Sequoia Capital, resides in San Francisco with his spouse. Meanwhile, Trump made headlines by revealing his interest in acquiring Greenland, citing strategic concerns about potential Russian or Chinese interference if the US does not control the territory. Trump’s controversial comments were made at an event with oil companies discussing potential involvement in accessing Venezuelan resources.
The US president’s statement about Greenland stirred global attention, with Trump asserting his intent to act decisively, whether through negotiation or force. Trump’s strong stance on Greenland raises international speculation about the geopolitical implications of such a move.