A previously undisclosed $50 million investment helped launch Newsmax into a Fox News competitor, a new report shows, and it came from an unexpected place: the Qatari government.In 2019 and 2020, a former Qatari government official and member of the royal family, Sheikh Sultan bin Jassim Al Thani, invested tens of millions into the fledgling far-right media company, according to documents leaked by a Cayman Islands–based financial services provider and reviewed by The Washington Post.At the time, Newsmax was massively scaling its operations, transforming itself from a network that paid hosts to drink and advertise scotch on weekday afternoons to one that would end up embroiled in defamation
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