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Donald Trump’s inaugural committee raised record-breaking $240mn

admin by admin
April 21, 2025
in Financial News
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Donald Trump’s inaugural committee raised record-breaking $240mn
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Donald Trump raised greater than $239mn for his second inauguration, federal filings confirmed, a record-breaking sum as a few of the strongest US chief executives sought to curry favour with the incoming president.

The filings, disclosed on Sunday, confirmed that a lot of the largest US corporations made a donation, notably these within the know-how sector.

Apple chief govt Tim Prepare dinner, OpenAI boss Sam Altman and Uber CEO Dara Khosrowshahi every gave $1mn, as did Nvidia, Google, Meta, Broadcom, Perplexity AI, C3.AI, Micron, Qualcomm and Intuit.

Retail buying and selling platform Robinhood gave $2mn, whereas crypto corporations Coinbase and Solana every donated $1mn. IBM and Microsoft gave $750,000.

Lots of America’s main chief executives and billionaires attended Trump’s inauguration, together with Prepare dinner, Meta chief Mark Zuckerberg, Google boss Sundar Pichai and Amazon’s Jeff Bezos.

The fundraising haul — greater than twice the $107mn Trump raised in 2017 — spanned main American industries.

Monetary giants together with JPMorgan Chase, BlackRock, Blackstone and Goldman Sachs every donated $1mn to the committee, as did telecommunications corporations AT&T, Comcast and Verizon.

United Airways and Delta Air Strains, vitality teams ConocoPhillips, ExxonMobil and Occidental Petroleum, pharmaceutical teams Merck and Pfizer, and automakers Stellantis, Hyundai, Normal Motors and Toyota every gave $1mn. Chevron gave $2mn.

US manufacturers McDonald’s, FedEx, Goal and Boeing have been joined by lesser identified corporations equivalent to Financial institution OZK and Breeze Smoke in donating $1mn or extra.

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Trump additionally raised tens of millions from America’s rich elite, together with $1mn from conservative megadonors Miriam Adelson, widow of the late on line casino magnate Sheldon Adelson, and Marlene Ricketts, spouse of TD Ameritrade founder Joe Ricketts. He gave $100,000.

Citadel’s Ken Griffin, Elliott Administration’s Paul Singer, Estée Lauder inheritor Ron Lauder, and former PayPal executives Ken Howery, who beforehand served as Trump’s ambassador to Sweden, and Keith Rabois additionally every gave $1mn.

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Montage image of a CEO sitting at a round table, with the other chairs empty, with shipping containers in the background

Jared Isaacman, the president’s decide to guide Nasa, donated $2mn. Training secretary and former wrestling promoter Linda McMahon donated $1mn. Treasury secretary Scott Bessent donated $250,000 and commerce secretary Howard Lutnick’s Cantor Fitzgerald gave $1,047,000 — a nod to the forty seventh US president. 

Trump’s committee acquired $4mn from Warren Stephens, $2mn from Melissa Argyros, $1mn from Tilman Fertitta and Dan Newlin and $250,000 from Nicole McGraw, the president’s picks to be the US ambassador to the UK, Latvia, Italy, Colombia and Croatia respectively.

Pilgrim’s Satisfaction Corp, a serious poultry producer, gave greater than every other entity, donating $5mn.

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Tags: 240mnCommitteeDonaldinauguralRaisedrecordbreakingTrumps
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