Trump’s Multi billion-dollar White House Ballroom Funded by Wealthy Donors, List Revealed

President Trump’s Multi billion-dollar White House Ballroom Funded by Wealthy Donors, List Revealed

The identities of the affluent individuals and businesses funding US President Donald Trump’s new $250 million White House ballroom remain a mystery as work gets underway. On Monday, excavators and construction workers started pulling up sections of the East Wing as part of the groundbreaking for the elaborate 90,000 sq-ft project.

The U.S. President has stated that he will personally fund a large amount of its construction and implied that certain unnamed benefactors would be prepared to invest over $20 million to finish the project. Some legal experts are worried about the funding mechanism because they believe it could be equivalent to paying for access to the administration.

Richard Painter, who served as the Bush White House’s chief ethics lawyer from 2005 to 2007, told the BBC, “I see this enormous ballroom as an ethics nightmare.”

Major Donors Funding W.H. Ballroom Project

Painter continued, “It is raising money by gaining access to the White House and I dislike it. These corporations all want something from the government.” Senior executives from well-known US corporations, including Blackstone, OpenAI, Microsoft, Coinbase, Palantir, Lockheed Martin, Microsoft, Amazon, and Google, attended a dinner for prospective contributors on October 15 at the White House.

The owners of the Tampa Bay Buccaneers and Manchester United, Shari and Edward Glazer, together with their siblings, were also in attendance, as was Woody Johnson, owner of the New York Jets NFL team.

The BBC’s US partner, CBS News, obtained a commitment form that implied donors would be eligible for “recognition” for their contributions. Names engraved on the building could be one way to honor them, though designs are still being finalized.

At first, the White House said that 650 people could be accommodated in the enormous building.  Trump stated this week that it can accommodate 999 people. So yet, only one contribution has been identified.

According to court filings, YouTube will contribute $22 million to the project as part of a settlement with Trump over a lawsuit alleging that his account was suspended after the disturbance at the US Capitol Hill on January 6, 2021. However, it’s unknown how many or how much of the remaining attendees have promised to donate. White House officials said they intend to make the formal list public, but it has not yet been released.

Trump Remarks, “I will take it”

The Trust for the National Mall, a non-profit organization that collaborates with the National Park Service and raises money for projects on the Mall and at the White House, would manage the gifts, according to documents that CBS was able to get.

Trump claimed that several of the attendees at the luncheon for possible donors had been “really, really generous” and that some had inquired as to whether $25 million was a suitable donation. Trump stated, “I said – I will take it,”

The White House has stated that future administrations will use the ballroom and that there was nothing improper about asking for donations.  It has stated that US taxpayers will not be charged for the restoration. The money given to the ballroom “will eventually pay for itself and save costs,” according to Martin Mongiello, a former executive chef at the White House and general manager of Camp David who has served under seven administrations, who spoke to the BBC.

Furthermore, without accounting for other incidentals related to hosting large-scale events, the tents that are occasionally erected outside for gatherings – which he called “elbow to elbow” and “embarrassing” – often cost $1 million or more. However, Mr. Painter said it might be regarded as a “pay-to-play scheme,” which has plagued both political parties’ past White House administrations.

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