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Trump owns stock in GEO Group
$GEO
+ CoreCivic
$CXW
. Both are private prisons and ICE detention centers.
He owns both — GEO at $50–100K, CoreCivic at $15–50K. These two are the entire private ICE-detention industry (together they hold ~58% of ICE detainees), and their fortunes are a pure function of his deportation policy.
GEO posted a record $254 million profit. Roughly a 700% increase, driven by asset sales and Trump-administration contracts to build new ICE detention facilities.
CoreCivic is a $2.9 billion company up 53.7% year-to-date on detention demand.
The President literally owns stock in the two companies his own agencies pay to cage the people his own policy detains.
Nothing else in the book is close.
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