The American Companies That Aren’t Actually American Anymore

Strategic Hotels & Resorts

Strategic Hotels & Resorts was founded in 1997 by Laurence Geller, who is known for being a real estate investor and philanthropist. The hotel company owns 18 luxurious hotels that are located in the United States and Germany. Bill Gates was once a company shareholder until it was sold off in 2016 to Anbang Insurance Group.

The Chinese company acquired Strategic Hotels & Resorts for $5.5 billion and had a little dispute with the United States government as the deal included land that was close to a US Navy base.