“I love the U.S. military. I want them to be the most effective and the most cost-effective and I think there is so much spending and so much bloat and so much bureaucracy that it actually hinders them from having a lot of the mission accomplishments that they should.”

American businessman

Erik Prince is an American businessman, born in 1969, best known as the founder of the private military contractor Blackwater. He led the company as chief executive until 2009 and remained chairman until its sale in 2010. He later founded the private equity firm Frontier Resource Group in 2012 and served as chairman of Frontier Services Group, a Hong Kong-listed company, until 2021. He is the son of engineer and businessman Edgar Prince and the brother of former U.S. secretary of education Betsy DeVos.