Donating To Trump's Inauguration Is A Last-minute Chance For Tech Moguls To Make Nice

President-elect Donald Trump's 2017 inauguration raised about $107 million, setting the record for the most money raised.Brendan Smialowski/AFP/Getty ImagesBig Tech companies and CEOs are already lining up six-figure donations to Donald Trump's inauguration.Amazon, Sam Altman, and Meta are each prepared to donate $1 million.There are virtually no limits on inaugural donations, meaning Big Tech companies can cut massive checks.Big Tech companies and the moguls behind them are preparing to make six-figure donations to President-elect Donald Trump's inaugural committee.Jeff Bezos' Amazon, OpenAI CEO Sam Altman, and Mark Zuckerberg's Meta have all been reported to have made or will make $1 million to the outfit tasked with planning and organizing Trump's triumphant return to power."The financing of inaugurations is really a cesspool when it comes to campaign financing," Craig Holman, a lobbyist for government watchdog Public Citizen, told Business Insider.Holman said there are few, if any, limits to inaugural donations, and what makes them particularly appealing is that megadonors and CEOs don't have to worry about picking the loser."Unlike financing a campaign, when you don't know for sure who is going to win, here in the inauguration, you've got the winner," he said.

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  • Donating to Trump's inauguration is a last-minute chance for tech moguls to make nice
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    12/15/2024 - 2:27 am | View Link
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