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Dem2theMax

(9,651 posts)
Thu Aug 6, 2020, 05:31 PM Aug 2020

Trump donor (Blackstone Group) buys large stake in Ancestry.com

https://gizmodo.com/worlds-biggest-landlord-buys-worlds-biggest-genealogy-w-1844630685

The Blackstone Group will buy a majority stake in the genealogy website Ancestry.com in a deal worth $4.7 billion, according to a press release published Wednesday. Blackstone Group, a private equity firm, is the world’s largest landlord and Ancestry is the world’s largest genealogy website, with over 6 billion records on family history in the U.S. alone. Ancestry also provides DNA testing and has over 18 million DNA test results in its databases.

snip

The CEO and co-founder of Blackstone, billionaire Stephen A. Schwarzman, contributes significant sums of money to the Republican Party and has close ties to the Trump regime, serving on President Trump’s business advisory council in 2017. Schwarzman previously called proposed tax hikes on businesses during the Barack Obama administration, “like when Hitler invaded Poland in 1939,” something that he later apologized for.

Much more at the link above. I don't think this guy is going to use Ancestry.com for the reasons we use it.

Cross-posted to genealogy forum.
20 replies = new reply since forum marked as read
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Trump donor (Blackstone Group) buys large stake in Ancestry.com (Original Post) Dem2theMax Aug 2020 OP
Maybe he intends to use it to carry on Hitler's mission. woodsprite Aug 2020 #1
Ugh..i want to close my account Demovictory9 Aug 2020 #2
That's exactly what I'm going to do. Dem2theMax Aug 2020 #3
What a terrible shame! One RW billionaire with access to so much info on so many people! bobbieinok Aug 2020 #4
I'll close my account. I'm glad I never sent in my DNA to them. dmr Aug 2020 #5
My DNA was sequenced at Harvard over 30 years ago... Buckeye_Democrat Aug 2020 #14
Ancestry got a lot of information about my relatives wrong. wrong katmondoo Aug 2020 #6
Linked article---he bought 75%!!! of Ancestry.com!! And is largest landlord in world!! bobbieinok Aug 2020 #7
I just cancelled my subscription pfitz59 Aug 2020 #8
I hope this news goes far and wide, Dem2theMax Aug 2020 #9
Kicking for visibility. nt. Dem2theMax Aug 2020 #10
For the umpteenth time: it never ceases to amaze me that we pay lots of corporations to siphon up... Hekate Aug 2020 #11
I'm so glad I never gave them my DNA. I was really close to doing it, ecstatic Aug 2020 #12
Uh oh! They'll see that I'm part Jewish! Buckeye_Democrat Aug 2020 #13
I'm not a Delphinus Aug 2020 #15
Adding to my compilation, if ya don't mind backtoblue Aug 2020 #16
Do not give anyone your DNA unless ordered to by the courts, especially Blacstone Group. Hotler Aug 2020 #17
If you or someone in your family belongs then they already own your gene sequence Johnny2X2X Aug 2020 #18
He will only use it for Good.. LessAspin Aug 2020 #19
boycott rockfordfile Aug 2020 #20

woodsprite

(11,912 posts)
1. Maybe he intends to use it to carry on Hitler's mission.
Thu Aug 6, 2020, 05:37 PM
Aug 2020

Of at least identify the "pure". I wonder if he's a member of or supports any of the Aryan or neo-nazi groups.

Dem2theMax

(9,651 posts)
3. That's exactly what I'm going to do.
Thu Aug 6, 2020, 06:14 PM
Aug 2020

Account actually isn't active. But all my trees are on there. Soon to be downloaded to my computer. Then will be deleting everything, including my DNA results, and canceling the account forever more.

dmr

(28,347 posts)
5. I'll close my account. I'm glad I never sent in my DNA to them.
Thu Aug 6, 2020, 06:18 PM
Aug 2020

I won't trust anyone with my DNA. To do that puts my son's DNA at risk if someone nefarious got a hold of it.

Buckeye_Democrat

(14,853 posts)
14. My DNA was sequenced at Harvard over 30 years ago...
Fri Aug 7, 2020, 03:17 AM
Aug 2020

... along with my entire family to help identify the mutated gene that causes a very rare condition.

So I never worried about it so much thereafter.

The researchers at Harvard were successful, btw.

It's not a gene that's even checked by the commercial DNA companies. All of my genes checked by 23andMe (Health) are normal.

I don't fault you for privacy concerns, though. I just felt like I signed away my DNA privacy decades ago.

katmondoo

(6,455 posts)
6. Ancestry got a lot of information about my relatives wrong. wrong
Thu Aug 6, 2020, 06:20 PM
Aug 2020

I would not give them more money to look any further into my ancestry.

bobbieinok

(12,858 posts)
7. Linked article---he bought 75%!!! of Ancestry.com!! And is largest landlord in world!!
Thu Aug 6, 2020, 06:30 PM
Aug 2020

This is SOOOO WRONG!!

Dem2theMax

(9,651 posts)
9. I hope this news goes far and wide,
Thu Aug 6, 2020, 08:05 PM
Aug 2020

and that everybody does what you just did. I haven't been able to sit at my computer for quite a while, so I hadn't renewed my subscription. But I'm taking down all of my data. They aren't using any of it. I'm so furious about this.

I was so looking forward to starting a search on a different branch of the family tree. I guess I will be doing it the hard way from now on.

Hekate

(90,660 posts)
11. For the umpteenth time: it never ceases to amaze me that we pay lots of corporations to siphon up...
Thu Aug 6, 2020, 11:25 PM
Aug 2020

...our most personal information.

They get staggeringly rich off what we give away for free. Sooner or later they will use it in ways we can only imagine.

And we worry about HIPAA privacy being violated? smh

ecstatic

(32,691 posts)
12. I'm so glad I never gave them my DNA. I was really close to doing it,
Fri Aug 7, 2020, 02:53 AM
Aug 2020

but then I read a post on DU that explained the dangers of giving a private corporation access to my family's DNA, with zero laws and regulations in place to protect me.

Buckeye_Democrat

(14,853 posts)
13. Uh oh! They'll see that I'm part Jewish!
Fri Aug 7, 2020, 02:58 AM
Aug 2020


I'm being sarcastic about the fear somewhat, but I'll be deleting my account nevertheless.

Delphinus

(11,830 posts)
15. I'm not a
Fri Aug 7, 2020, 07:26 AM
Aug 2020

genealogist so can someone explain how this is a bad thing? I read through the article but couldn't see anything that seemed outright nefarious. Thanks!

Hotler

(11,420 posts)
17. Do not give anyone your DNA unless ordered to by the courts, especially Blacstone Group.
Fri Aug 7, 2020, 10:35 AM
Aug 2020

Handing out your DNA to these companies is like giving them all your passwords and PIN numbers to all your accounts. Your DNA is your life PIN number. And never ever talk to a cop without an attorney present

Johnny2X2X

(19,060 posts)
18. If you or someone in your family belongs then they already own your gene sequence
Fri Aug 7, 2020, 10:41 AM
Aug 2020

This will be big data that's sold to corporations so they can know who not to hire because they're pre-dispositioned for hereditary diseases.

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