The White House has recently disclosed the identities of the donors supporting the ambitious construction of a new ballroom, part of the Trump administration’s major renovations. This comes after a significant demolition of the East Wing, which marks a fresh chapter in enhancing the iconic residence.
The new ballroom project is estimated to cost around $300 million, a jump from previous estimates of $200 million announced in July. President Donald Trump has assured the public that these funds will not burden taxpayers, but rather come from private donations. In a list compiled by White House officials, examined by sources including Fortune, 37 donors have stepped up to cover this hefty price tag. These contributors include some of the biggest names in tech, firms with government contracts, and several administration officials.
Interestingly, the donations are being directed to the nonprofit Trust for the National Mall, although the specific amounts from each of the 37 donors have not been made public. While Trump mentioned he would personally contribute to the funding, his name does not appear on the donor list.
Major Corporate Contributors
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Meta Platforms: CEO Mark Zuckerberg attended a recent White House dinner, pledging at least $600 billion towards U.S. investments by 2028. The company, which owns Facebook, Instagram, and WhatsApp, frequently engages in digital policy discussions with the government.
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Apple: The tech giant announced a $100 billion investment in domestic manufacturing, aligning with Trump’s goals of resourcing industrial work back to the U.S. CEO Tim Cook has fostered a strong rapport with the Trump administration.
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Amazon: Founded by Jeff Bezos, this e-commerce behemoth maintains significant federal contracts, especially with the Pentagon, while building a relationship with the government through extensive lobbying.
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Google: The parent company, Alphabet, paid $24.5 million to settle disputes earlier this year, pledging $22 million of the settlement towards the ballroom construction.
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Lockheed Martin: A renowned defense contractor, it has been awarded $33.4 billion in federal contracts for 2025 alone and is reportedly contributing over $10 million to the ballroom project.
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Microsoft: As a major software and cloud service provider, Microsoft has secured multibillion-dollar federal contracts, including agreements that play crucial roles in U.S. cybersecurity strategies.
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Comcast: Parent company of NBCUniversal, Comcast has faced criticism from Trump, who previously sought to revoke NBC’s license over perceived bias.
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Altria: This tobacco giant, known for the Marlboro brand, advocates for fewer FDA restrictions over e-cigarettes and has ties to several Republican political action committees.
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Coinbase: The well-known cryptocurrency exchange is led by Brian Armstrong, a supporter of Trump’s movement for relaxed cryptocurrency regulations.
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Palantir Technologies: With significant federal contracts focused on surveillance and border security, Palantir plays a substantial role under the current administration.
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T-Mobile: This telecommunications company finds favor with the administration after favorable reviews of its mergers and agreements.
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Ripple: Known for its blockchain payment solutions, Ripple supports Trump’s push for a digital asset finance hub in the U.S.
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Hard Rock International: Owned by the Seminole Tribe, its chairman, Jim Allen, previously worked as a vice president at the Trump Organization.
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Tether America: Tether, known for stablecoin issuance, supports Trump’s digital dollar initiatives.
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Union Pacific Railroad: This freight transport leader hopes for favorable merger reviews under the current regime.
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Micron Technology: This U.S. chip manufacturer made headlines with a substantial $200 billion investment in domestic production.
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Caterpillar: A symbol of American manufacturing, Caterpillar aligns with Trump’s “Made in America” campaign.
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Booz Allen Hamilton: A major contractor for national security, it boasted that 90% of its recent earnings stemmed from this sector.
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HP: The computing giant previously donated $50,000 to Trump’s inaugural committee and has several government contracts.
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NextEra Energy: This leading utility in renewable energy supports job creation in America while critiquing Trump’s emphasis on coal.
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Reynolds American: Known for its tobacco products, this conglomerate has a history of funding Trump’s campaigns.
Notable Private and Family Donors
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The Adelson Family Foundation: This foundation continues Sheldon Adelson’s legacy as a long-time Republican supporter, now led by his widow, Miriam.
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Stefan E. Brodie: An industrial metals investor with a controversial past who sought pardon from Biden but was denied.
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Betty Wold Johnson Foundation: Funded by the heiress of Johnson & Johnson, this organization supports education and health projects.
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Charles and Marissa Cascarilla: Advocates for financial deregulation, Charles co-founded blockchain firm Paxos.
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Edward and Shari Glazer: Owners of the Tampa Bay Buccaneers, they have consistently donated to Republican causes.
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Harold Hamm: An oil billionaire and energy adviser to Trump.
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Benjamín Leon Jr.: A Miami healthcare entrepreneur who contributed significantly to Trump’s campaign.
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The Lutnick Family: A major supporter of Trump’s economic initiatives.
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The Perlmutter Foundation: Led by former Marvel CEO Isaac Perlmutter, it consistently donates to Republican causes.
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Stephen A. Schwarzman: CEO of Blackstone, he played a role in facilitating Trump’s dealings with China.
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Konstantin Sokolov: Investor focused on infrastructure and energy.
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Kelly Loeffler and Jeff Sprecher: Key figures in finance and small business advocacy, they have made significant donations to Trump.
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Paolo Tiramani: A construction tech entrepreneur involved in real estate innovation.
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Cameron Winklevoss: Co-founder of the crypto platform Gemini, advocating for effective crypto regulations.
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Tyler Winklevoss: Shares related advocacy and investment interests with his twin brother, Cameron.
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J. Pepe and Emilia Fanjul: From a powerful sugar family in Florida, they hosted fundraisers for Trump.
The ballroom project is taking shape, supported by a mix of corporate and private donations, marking an interesting collaboration between the government and some of the nation’s wealthiest figures. This reflects how private funding can drive significant public projects, even amidst ongoing debates about financial resources and priorities.
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Original Text – https://fortune.com/2025/10/26/37-white-house-ballroom-donors-funding-300-million-build-tech-ceos-trump/