Oct. 23 at 7:51 PM
White House Ballroom Costs Soar to
$300M, Funded by Donors
The new White House ballroom’s cost rose 50% to
$300 million, to be fully funded by donors. Billionaires contributing include Stephen Schwarzman, J. Pepe Fanjul, and crypto entrepreneurs Cameron and Tyler Winkelvoss. Tech companies such as Amazon, Apple, Google, Microsoft, along with crypto firms and defense contractors, are also donors.
The 90,000 sq. ft. venue with vaulted ceilings and gilded decor will be entirely donor-funded. Many donors also supported Trump’s 2025 inauguration. Notable contributors include designer Paolo Tiramini and oil billionaire Harold Hamm. Tech CEOs, previously given prime inauguration seats, pledged funding, though amounts are largely undisclosed.
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