Trump Sold $10M Jet to Dallas Developer Mehrdad Moayedi

Former President Donald Trump sold one of his private jets to a prominent Dallas real estate developer who’s also a Republican mega donor.

Mehrdad Moayedi, CEO of Centurion American Development Group, bought Trump’s 1997 Cessna jet for an undisclosed sum, although its valued at roughly $10 million by evoJets, the Daily Beast reported. The transaction reportedly happened last year, but the buyer’s identity was not disclosed.

Moayedi’s support for Trump is well-documented. Federal campaign finance records show that in 2019 and 2020, he contributed a total of $245,000 to Trump Victory, a committee supporting Trump’s presidential campaign and other GOP entities. In addition, Moayedi has supported several other Republican candidates and committees, including the Republican National Committee, Sen. Ted Cruz and Nikki Haley.

Trump, meanwhile, was just found guilty on all 34 counts of falsifying business records tied to hush money payments paid to porn star Stormy Daniels, making him the first U.S. President to be convicted of a felony.

Trump’s Cessna jet, once showcased on the Trump Aviation website, can fly at speeds up to Mach .92 and reach altitudes of 51,000 feet, making it one of the fastest jets in the world. The jet, which can seat nine passengers comfortably, features high-end interiors and the “signature Trump Crest” on its exterior.

Moayedi is at the helm of numerous large-scale developments across North Texas. In Celina, Centurion is developing its largest ever project, a 3,200-acre master-planned community called Legacy Hills. It is expected to have 7,000 single-family homes, 4,100 multifamily units, a country club and 100 more acres of commercial space.

Centurion acquired 680 acres in Grayson County last year for a master-planned community that’s slated for hundreds of multifamily units, multiple commercial developments, retail, restaurants, schools and potentially thousands of single family homes.

The firm also has an 1,100-acre community on the way in Terrell. It’s set to include more than 2,000 single-family homes, along with multifamily, industrial and retail developments.

—Quinn Donoghue