Washington, D.C., October 25: The White House has confirmed that a wide range of corporate giants and billionaire donors are helping fund former President Donald Trump’s ambitious $300 million ballroom project.
Major tech firms including Apple, Amazon, Microsoft, Google, and Meta are reportedly contributing, alongside defense contractors Lockheed Martin, Palantir, and Booz Allen Hamilton, and telecom companies T-Mobile and Comcast.
High-profile billionaires who supported Trump’s 2024 campaign are also part of the initiative. Casino magnate Miriam Adelson, Blackstone’s Stephen Schwarzman, oil tycoon Harold Hamm, and crypto entrepreneurs Cameron and Tyler Winklevoss have all contributed to the construction fund. Howard Lutnick, the current commerce secretary and former Cantor Fitzgerald CEO, is also among the donors.
Demolition of the East Wing began earlier this week. The new ballroom, reportedly inspired by Trump’s luxury properties, is expected to become the largest entertainment space in presidential history. Trump stated the project is “being paid for 100% by me and some friends of mine,” adding that “nothing of this magnitude has ever been done at the White House.”
Last week, Trump hosted a private gala for sponsors in the East Room, featuring lavish décor, chandeliers, and a string quartet — drawing criticism for extravagance amid a partial federal government shutdown, with many public workers remaining unpaid.