Trump Threats Sow Anxiety Among Europe’s Rich on Their US Bets

Europe’s ultra-rich have made lucrative bets in the US on everything from cosmetic brands to space travel, but now the outsized nature of those holdings are putting many on edge.

Some of the region’s wealthy elite have assessed their portfolios’ exposure to the US after claims by President Donald Trump over Greenland and recent geopolitical shocks in Venezuela and Iran, according to private bankers and advisers. They’ve explored moving some money out of US assets to broaden the geographical diversification of their investments, or curbing their exposure to the dollar, the people said, asking not to be identified as the ...