‘Woke’ billionaire who trashed the Founding Fathers has profited off Natives, oil

‘Woke’ billionaire who trashed the Founding Fathers has profited off Natives, Oil

NEW YORK POST

Billionaire David Rubenstein’s philanthropic efforts trash the Founding Fathers, even though his own business has made a fortune from deals that have profited off the less fortunate.

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.

Recent visitors to Monticello and Montpelier have flooded Trip Advisor with complaints about how the former presidents have been virtually reduced to villainous slaveholders in lectures by the tour guides while books on anti-racism and critical race theory by Ibram X. Kendi and Ta-Nehisi Coates dominate the gift shops.

Remarked Dan A. after his visit to Thomas Jefferson’s Monticello: “Do your history homework before going, so you can appreciate this great American… the woke tour guide will leave you feeling like he started the Ku Klux Klan.” “They have demonized the founding fathers now,” wrote another recent visitor to Monticello. “Same thing with Madison’s home. I would stay away from places like this. It’s not worth the propaganda.”

In 2016, Rubenstein announced he was giving $18 million to make improvements to the Lincoln Memorial. In 2016, Rubenstein announced he was giving $18 million to make improvements to the Lincoln Memorial.Getty Images

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,”

Continue reading at NEW YORK POST

Header featured image (edited) credit:  Rubenstein at WE Forum/YouTube screen grab

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1 Comment on ‘Woke’ billionaire who trashed the Founding Fathers has profited off Natives, oil

  1. The word, philanthropy, now means elites dodging taxes and taking over the planet and its resources. Of course, it always did since the Rockefeller’s.

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