Millions in rain for Trump: Tech giants and automobile giants donate!
Large US corporations such as Google, Amazon and Meta are donating to the inauguration of Donald Trump on January 20, 2025.
Millions in rain for Trump: Tech giants and automobile giants donate!
Donald Trump's inauguration on January 20, 2025 promises to be a financial spectacle. According to reports from Krone.at and ProSieben Several of the largest companies in the USA have pledged their support with proud donations. Among the donors are giants like Amazon and Meta, who are ready to contribute a million dollars each.
The sitting president is facing a record of around $150 million in donations raised for his upcoming inauguration. This represents a new high in U.S. history and shows how important the transition of power is for companies, which often hope to gain economic advantage through their largesse. It's no secret that financial contributions in politics are often used as a strategy to maintain relationships with powerful political actors.
Top donors and their contributions
Jeff Bezos, founder of Amazon, has taken a clear position with his million-dollar donation - unusual considering that he seemed rather neutral during the election campaign. Mark Zuckerberg, the co-founder of Facebook, has also pledged $1 million, despite his strained relationship with Trump in the past. Apple CEO Tim Cook, similar to Zuckerberg, has announced $1 million from his own pocket, reflecting a trend of more company leaders willing to donate directly from their wealth, an Axios editor reported.
Automotive giants such as Ford, GM and Toyota have also announced plans to contribute $1 million each to the inauguration fund. Uber, the company known for its services, also follows suit with a substantial donation, showing that even in times of political turmoil, the industry does not hesitate to mobilize funds to support it.