
"Trump's thousand-seat ballroom, to be named after himself, which replaces the entire East Wing of the White House that has already been demolished, is slated to cost around $300 million to construct. Trump has touted the fact that the project is all being privately funded by donors and by himself though his portion may only come if the DOJ decides to hand him $230 million to cover previous lawsuits filed against him."
"On Thursday, CNN reported on the full roster of donors to the ballroom project, which includes plenty of Silicon Valley names and corporations, including Apple, Alphabet, Coinbase, Palantir, Meta, and early crypto players the Winklevoss Twins, and their crypto exchange Gemini. Salesforce wasn't mentioned on that list, but maybe old Benioff helped sweeten the deal with a ballroom donation in his Wednesday chat with Trump about calling off his goons in SF."
"As CBS News previously reported, Google/Alphabet agreed to throw $22 million at Trump's ballroom dreams in order to settle a lawsuit he brought about YouTube suspending his account over the January 6th riots and one can imagine that Meta's donation is probably a similar sort of apology over all that. Trump hosted a special dinner last week for ballroom donors, in the White House's East Room."
Trump plans a thousand-seat ballroom named after himself to replace the demolished East Wing of the White House, with construction costs around $300 million. The project is described as privately funded by donors and by Trump, although his personal contribution could depend on a Department of Justice payment of $230 million to cover prior lawsuits. Donors include major tech companies and crypto figures such as Apple, Alphabet, Coinbase, Palantir, Meta, the Winklevoss Twins and Gemini, Amazon, Microsoft, Tether, and Miriam Adelson. Google/Alphabet contributed $22 million as part of a settlement over a YouTube suspension related to January 6th. A special donor dinner was held in the White House East Room with attendees from major tech firms and other high-profile donors.
Read at sfist.com
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