Today, Explained

The Prince of Blackwater

Jul 16, 2019
Matthew Cole, an investigative reporter at The Intercept, explores the controversial journey of Erik Prince, founder of Blackwater. He discusses Prince's strategic shifts after falling out with the U.S. government, including his secretive dealings with Russian interests and his new ventures in the UAE. Cole highlights Blackwater's transformation from a military training provider to a mercenary powerhouse, examining pivotal events like the Nisr Square massacre that shaped its dark reputation. The conversation also touches on Prince's bizarre forays into children's projects.
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ANECDOTE

Secret Seychelles Meeting

  • Before Donald Trump's inauguration, Erik Prince met with a Russian banker in the Seychelles.
  • This meeting became a clue in the Mueller investigation into Trump-Russia ties.
ANECDOTE

Prince Family Wealth

  • Erik Prince, Betsy DeVos's brother, inherited wealth from Prince Automotive Group.
  • His father, Edgar Prince, invented the car visor light.
INSIGHT

Blackwater's Origins

  • Blackwater initially offered training services, not mercenary work, to the US Navy and CIA.
  • The 2000 USS Cole bombing highlighted the need for such training.
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