Woke’ billionaire who trashed the Founding Fathers has profited off Natives, oil
New York Post ^ | July 30, 2022 | Dana Kennedy
Posted on 7/30/2022, 12:00:41 PM by Angelino97
Since 2013, Rubenstein, 72, who co-founded the private equity giant the Carlyle Group, has given millions to entities that repair and upgrade historical monuments and landmarks like the Lincoln Memorial and the Washington Monument as well as Monticello and Montpelier, the homes of US presidents Thomas Jefferson and James Madison. But some say the restoration at the presidential homes has recast the presidents as sinister racists while downplaying their accomplishments...
But a quick dive into Rubenstein’s backstory shows he’s not so pure himself. He made his initial fortune in the 1980s by exploiting a tax loophole in Alaska allowing him to profit from deals made with Natives — and the Rubenstein family has been expanding their influence in the 49th state ever since.
In 2014, Rubenstein’s then-wife helped elect a governor in Alaska who in turn opened up the state’s $80 billion Permanent Fund, a fraction of which is managed by the Carlyle Group, to special interests. Rubenstein’s daughter was appointed to the board of that fund last month.
“Here’s a guy who has taken advantage of other people to climb to the top while he expects perfection from the Founding Fathers,” Dan Fagan, a talk show host and journalist who covered Alaska for 25 years, told The Post. “Because of the Rubenstein family and how [his ex-wife] influenced the change in the state’s sovereign fund, the average Alaskan family has lost tens of thousands of dollars.”
(Excerpt) Read more at nypost.com ..