His name is Kash Patel. He is one of the men of maximum confidence of the president of the United States, Donald Trump, and since February 21, he directs the FBI, the North American National Security and Intelligence Service. But Patel is also a peculiar investor. In accordance with the declaration of goods presented after its appointment, It has between one and five million dollars invested in Elite Depot, a company domiciled in the Fiscal Paradise of the Cayman Islands, after which the entire Shein corporate framework is hiddenthe Chinese fashion giant online.
It is an investment that does not go unnoticed not only by the open tariff conflict between the United States and China, but because Patel is a person who has been linked throughout his career to security and defense. Prior to his appointment at the head of the FBI, he had been an official of the National Security Council of the United States, main advisor of the Interim National Intelligence Director and Chief of Cabinet of the Secretary of Defense of the United States during the first presidency of Trump.
Having played a key role in helping Republicans during investigations for the possible Russian interference in the 2016 elections, it has become a key piece of the new American administration. After knowing the investment, advanced in the United States by media such as The WirePatel has not hesitated to defend her, arguing that she also has actions in great American technology and that she also has a specific dispensation of President Donald Trump to have materialized the investment in the Shein matrix.
The news is known, in any case, just when the imposition of US tariffs on Chinese products threatens to stop the business of the Asian platform in the North American market, the most important of the group with a turnover that rose last year to 14,100 million dollars (about 12.5 billion euros).
Until now, companies such as Temu, Shein or Aliexpress benefited from a system that allowed them to send products directly from China to US consumers without paying tariffs, provided that the value of the order did not exceed 800 dollars. This mechanism has been key to maintaining low prices and competitive margins against Western brands such as Inditex or H&M, which according to a report prepared by the Investment Bank Nomures Chinese platforms comes to invoice 46,000 million dollars a year (about 40.7 billion euros).
However, this advantage has disappeared under the new administration of Donald Trump. As of May, shipments with less than 800 dollars must pay a fixed rate of $ 75, and since June, the figure will rise to $ 150. That is, the initially proposed taxes tripling. In addition, new tariffs are imposed on Chinese products with rates that reach 145%, an unprecedented figure in the recent history of trade between both powers. Unlike other companies that have regional distribution centers, these platforms have based their success on a direct export model from China, taking advantage of the low logistics and fiscal costs, which now seem to have ended.
Other investments
Apart from this, and according to the declaration of goods presented, Kash Patel It also has investments in different companies such as Nvidia, Tesla, Palantir and the Mining Giant Core Scientificwhose values reach up to one million dollars, and in other technological companies. The director of the FBI also maintains investments of more than $ 100,000 in Bitcoin through the Grayscale Bitcoin Trus fund, in the Tactical Equipment Company VK Integrated Systems, in the financial firm Czech CSGM and in the consultant Trishul LLC – a company that is behind the social truth social platform -, valued between 500,000 and 1 million dollars.
From this consultant, who provided services to entities such as Trump Media & Technology Group, in fact come from Patel’s income as a member of the Board of Directors and whose shares reported benefits of more than $ 800,000. In any case, The director of the FBI has an estimated assets between 6 and 15 million dollars. In 2024 alone, he obtained more than 2.6 million dollars in revenue.
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