President Donald Trump announced that the lavish new $300 million White House ballroom will be funded “100% by me and some friends of mine,” highlighting a blend of personal generosity and support from influential allies.
The White House disclosed the names of 37 contributors, featuring an eclectic mix of donors — from cryptocurrency tycoons and major corporations to charitable foundations, financiers, and sports team owners. The roster also included familiar figures in Palm Beach, Florida, where Trump resides.
Among those on the list were two major figures tied to Israel — longtime Trump supporter Miriam Adelson and Israeli-American businessman Isaac Perlmutter, both of whom have backed Trump and Republican causes for years.
Adelson, who controls the Adelson Family Foundation devoted to strengthening Israel and the Jewish people, has long been a close confidante of Trump. During his recent visit to Israel, Trump singled her out while addressing the Knesset, recalling her influence in his 2017 decision to recognize Jerusalem as Israel’s capital. He also noted that she and her late husband, Sheldon Adelson, were among the most frequent White House guests during his presidency.
“Look at her sitting there so innocently. She’s got $60 billion in the bank,” Trump quipped, referring to the billionaire philanthropist and majority owner of the Dallas Mavericks.
Isaac Perlmutter’s contribution was made through the Laura & Isaac Perlmutter Foundation, which operates out of Lake Worth Beach near Palm Beach. The foundation focuses on health care, social justice, and cultural projects. The Perlmutters, known for their philanthropy and ties to Trump, have previously donated to his campaigns and affiliated political committees. Perlmutter, the former chairman of Marvel Entertainment, has been a key supporter of Trump’s initiatives over the years.
The donor list featured some of the world’s largest tech companies, including Amazon, Apple, Google, and Microsoft — all of which contributed $1 million each to Trump’s inauguration. Top executives from these firms have recently met with Trump to discuss his push for domestic manufacturing and artificial intelligence development. Palantir Technologies, co-founded by Peter Thiel, was also among the contributors, a company that has long benefited from lucrative federal contracts.
Crypto firms like Coinbase, Ripple, and Tether also made appearances on the list, reflecting the industry’s growing alliance with Trump as his administration works to relax digital asset regulations and integrate cryptocurrency leaders into advisory roles.
Donations also came from heavyweights in other sectors: defense contractors Lockheed Martin and Booz Allen Hamilton; industrial giant Caterpillar; energy company NextEra Energy; and Union Pacific, whose massive $85 billion merger with Norfolk Southern has Trump’s support. Individual donors included Blackstone’s Stephen Schwarzman, oil magnate Harold Hamm, and Tampa Bay Buccaneers co-owners Edward and Shari Glazer.
However, the White House acknowledged that the released list was incomplete. Some known contributors — such as Carrier Group, which pledged an HVAC system, and Nvidia, whose CEO Jensen Huang confirmed a donation — were not yet listed.
Officials have not revealed specific donation amounts, and most companies declined to discuss their contributions when contacted by the Associated Press. A senior White House official, speaking anonymously, said that the donor list has continued to expand since October but that several corporations prefer to remain unnamed until disclosure is legally mandated. The official added that no foreign entities or individuals are involved in the funding.
{Matzav.com}