Biden’s Turkey Day Vacay Week Slated To Be At Nantucket Home Of Private Equity Billionaire

  • President Joe Biden will spend Thanksgiving at the Nantucket home of private equity billionaire David Rubenstein while American consumers face an all-time high bill for Thanksgiving dinner this year.
  • Biden et al touched down in Nantucket Tuesday night to spend the holiday week with plans to “stay at the home of their friend, David Rubenstein, as they have done previously,” the White House told reporters.
  • David Rubenstein, who Forbes estimates is worth is around $4.5 billion, will not be celebrating the holiday in Nantucket with the Biden family because he’s traveling abroad instead.

Derek Paul from Forbes writes:

“Topline

President Joe Biden will spend Thanksgiving at the Nantucket house of private equity billionaire David Rubenstein, the White House confirmed Tuesday night, a move some conservatives criticized as American consumers may face an all-time high bill for Thanksgiving dinner this year.

Key Facts

Biden and First Lady Jill Biden touched down in Nantucket Tuesday night to spend the holiday week with extended family, planning to “stay at the home of their friend, David Rubenstein, as they have done previously,” the White House told reporters (the news was first reported by Nantucket Magazine).

Rubenstein, a Carlyle Group co-founder whom Forbes estimates to be worth $4.5 billion, will not be in Nantucket with the Bidens this week because he’s traveling abroad, according to a New York Times report.

Tangent

Rubenstein spent time as a White House official under President Jimmy Carter before entering private equity. He co-founded the Carlyle Group in the 1980s, and now serves as its non-executive co-chairman…”

See full story here.



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