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Fact check: Did Donald Trump and Jeffrey Epstein have any joint business ventures?

Checked on July 29, 2025

1. Summary of the results

Based on the analyses provided, none of the sources contain any evidence or information about joint business ventures between Donald Trump and Jeffrey Epstein [1] [2] [3] [4] [5] [6] [7] [8] [9]. The sources consistently focus on other aspects of the Trump-Epstein relationship, including:

  • Personal connections: Multiple sources confirm Trump's past friendship with Epstein [3] [8] [9]
  • Flight records: Trump's name appears on flight logs for Epstein's private plane, despite Trump's denials [9]
  • Legal controversies: Trump's $10 billion lawsuit against Rupert Murdoch and the Wall Street Journal over reporting about a "bawdy" note allegedly written by Trump to Epstein [2]
  • Political fallout: The ongoing controversy surrounding Trump's handling of the Epstein case and its impact on his political standing [3] [4] [5]

2. Missing context/alternative viewpoints

The analyses reveal several important contextual elements missing from the original question:

  • Treasury Department files: Senator Ron Wyden unveiled details of previously undisclosed Treasury Department files related to Epstein [7], suggesting there may be financial records that haven't been fully examined
  • Document authenticity disputes: Trump has claimed that Epstein files are "faked," though many documents related to the case have been public for years [6]
  • Potential pardons: There are discussions about Trump potentially pardoning Ghislaine Maxwell, Epstein's associate [5]

Political beneficiaries from different narratives include:

  • Trump's opponents would benefit from establishing business connections to damage his reputation
  • Trump himself benefits from minimizing any documented relationships with Epstein
  • Media organizations like the Wall Street Journal face significant financial pressure from Trump's $10 billion lawsuit [2]

3. Potential misinformation/bias in the original statement

The original question itself does not contain misinformation, as it's posed as an inquiry rather than making claims. However, the question may reflect an assumption that such business ventures existed, when the available evidence in these sources suggests the relationship was primarily social rather than commercial.

The sources indicate that while Trump and Epstein had documented personal connections, no business partnerships or joint ventures are mentioned or substantiated in any of the analyses provided [1] [2] [3] [4] [5] [6] [7] [8] [9]. This suggests that if such ventures existed, they are either not documented in these particular sources or may not have existed at all.

Want to dive deeper?
What were the circumstances of Donald Trump and Jeffrey Epstein's first meeting?
Did Donald Trump or his companies ever invest in Jeffrey Epstein's businesses?
What role did Ghislaine Maxwell play in Donald Trump and Jeffrey Epstein's relationship?
Are there any records of Donald Trump and Jeffrey Epstein collaborating on real estate projects?
How did the media report on Donald Trump and Jeffrey Epstein's relationship during the 2016 presidential campaign?