yahoo Press
Burger-loving Trump invests millions in Kura Sushi chain
Images
The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational. President Trump may not like to eat sushi, but he doesn't mind investing in it. Swimming within the slew of Trump's financial transactions released earlier this week – along with investments in Amazon, Apple, Nvidia, Microsoft, Meta Platforms and Oracle – you will find Kura Sushi, a chain of restaurants with a revolving food bar from which diners grab what they want as it floats by. Trump invested between $1 million and $5 million in Kura Sushi, Inc., which is based in Irvine, Calif. and has 88 locations across the U.S. and more than 650 restaurants worldwide. Trump also invested between $1 million and $5 million in other companies, including Amazon, Apple, Microsoft and Nvidia. Trump's trading activity could represent a conflict of interest, some Democrats and ethics advocates said. But the Trump Organization said his accounts are managed by third-party financial institutions without any input from Trump or his family. President Trump: Gas price surge 'peanuts,' president urges patience at pump The total value of Trump's transactions ranged from $220 million to about $750 million during the first three months of the year, according to the stock purchases and sales reported earlier this month to the U.S. Office of Government Ethics. Trump's transactions also included large sales of investments in Amazon, Microsoft and Meta, valued between $5 million and $25 million. Trump's dislike for raw fish is documented in the 1993 book, “Lost Tycoon: The Many Lives of Donald J. Trump,” in which author Harry Hurt III wrote that Trump said he wouldn’t “eat any (expletive) raw fish” during a visit to Japan in 1990, Yahoo reported. On a 2017 visit to Japan, Trump and then-Prime Minister Shinzo Abe reportedly had hamburgers for lunch and a dinner of Wagyu beef, scallops and lobster. While Trump may prefer steaks with plenty of ketchup, he criticized pricey state dinners during a 2016 rally, saying, “We should be eating a hamburger on a conference table,” CNBC reported. Kura Sushi wasn't the only restaurant Trump invested in during the period. He also reported purchases of Chipotle (between $500,000 and $1 million), Domino's Pizza ($250,000 to $500,000) and Starbucks ($50,000 to $100,000). Contributing: Bart Jansen, USA TODAY, and Reuters. Mike Snider is a national trending news reporter for USA TODAY. You can follow him on Threads, Bluesky, X and email him at mikegsnider & @mikegsnider.bsky.social & @mikesnider & msnider@usatoday.com. This article originally appeared on USA TODAY: President Trump investments includes millions in Kura Sushi