Since his election victory, President-elect Donald Trump and his allies have amassed over $200 million to fund his inauguration, political endeavors, and a future presidential library, The New York Times reported.
According to individuals familiar with the efforts, over $200 million has been secured to support his upcoming inauguration, political activities, and a future presidential library.
The Trump inaugural committee alone has raised at least $150 million, surpassing the record-breaking $107 million collected for his 2017 inauguration.
Major contributors include corporations such as Pfizer, Amazon, Meta, and OpenAI, as well as significant pledges from cryptocurrency firms like Ripple and Robinhood. Donors of $1 million or more get exclusive perks such as access to high-profile events, including dinners and black-tie balls with the president-elect and Vice President-elect J.D. Vance.
Contributions must be made by Jan. 10 to secure access to inauguration perks.
This influx of funds comes amid shifting relationships between Trump and the business community. Some donors seek to align with his administration after distancing themselves following the Capitol riots on Jan. 6, 2021.