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Business

Corporate Giants Line Up to Contribute to Trump’s Inaugural Fund

Donald Trump
Donald Trump

Major corporations across industries, from Wall Street to Silicon Valley, are stepping forward with significant donations to Donald Trump’s inaugural fund ahead of his January 20 return to the White House.

These contributions signal an effort to establish favorable relations with the incoming administration.

Among the prominent donors:

  • Adobe: The software giant has pledged US$1 million, according to a company representative.
  • Chevron: The oil and gas powerhouse confirmed its contribution but did not disclose the amount.
  • Google: Alphabet’s flagship company has committed US$1 million, as per a spokesperson.
  • Amazon: Matching others in tech, Amazon is donating US$1 million. Additionally, it plans to broadcast the inauguration live on its Prime Video platform.
  • Bank of America and Goldman Sachs: Both financial heavyweights have expressed intent to contribute, although exact amounts are yet to be finalized, their representatives said.

    ALSO READ:ZIDA Highlights High-Impact Investment Opportunities in Zimbabwe

  • Meta Platforms: The social media leader has allocated US$1 million for the event, a company spokesperson confirmed.
  • Sam Altman: The OpenAI CEO plans a personal donation of US$1 million, describing the move as support for advancing America’s leadership in artificial intelligence. “President Trump will guide the nation into the AI era, and I want to help ensure the U.S. remains at the forefront,” Altman remarked in a statement.
  • Robinhood Markets: The retail trading platform has committed a generous US$2 million, according to a spokesperson.
  • Uber Technologies: The ride-hailing company and its CEO, Dara Khosrowshahi, are each donating US$1 million.

The inauguration, slated for January 20, is expected to feature Donald Trump taking the presidential oath, likely administered by Chief Justice John Roberts, on the steps of the U.S. Capitol. The event will also include Trump delivering an address to set the tone for his administration’s priorities.

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