Politics

Tech Titans and Crypto Kings: Who’s Funding President Trump’s $300M White House Ballroom?

Trump’s ballroom gets $300M in private funds, including Apple, Amazon, and the Winklevoss twins.

byEditorial Staff

October 23, 2025, 9:56 AM

A photo of the White House South Portico on a sunny day, framed by green trees.

The South Portico of the White House framed by trees. By Tonic Ray Sonic / Shutterstock.com.

Executive Summary

The White House released a list of donors for Donald Trump’s proposed 90,000-square-foot ballroom extension, emphasizing its private funding.

Donald Trump stated the project would cost “about $300 million,” an increase from earlier estimates.

Major corporate donors include Apple, Amazon, Microsoft, Google, Lockheed Martin, Coinbase, Comcast, and Meta, alongside individual donors like the Winklevoss twins, Commerce Secretary Howard Lutnick, and the Adelson family.

The Story So Far

President Donald Trump is moving forward with plans for a significant 90,000-square-foot ballroom extension at the White House, a multi-million-dollar project he has consistently asserted will be entirely privately funded. The recent release of a detailed donor list, encompassing major corporations and influential individuals, serves to publicly affirm this commitment to private financing, ensuring no taxpayer money is used for the expansion.

Why This Matters

The disclosure of significant private funding for President Trump’s White House ballroom from major corporations and influential individuals, while upholding his pledge of no taxpayer cost, inherently raises questions about potential influence or quid pro quo given these donors’ vested interests and frequent interactions with the federal government.

Who Thinks What?

President Donald Trump consistently maintains that his proposed White House ballroom extension, estimated at “about $300 million,” will be entirely privately funded and will not incur any cost to taxpayers.

The White House, by releasing a list of prominent corporate and individual contributors such as Apple, Amazon, Microsoft, Google, and the Adelson family, aims to demonstrate the extensive private financial backing for President Trump’s project.

The White House on Wednesday, October 23, 2025, released a list of donors contributing to President Donald Trump’s proposed 90,000-square-foot ballroom extension, revealing significant financial backing from major corporations and influential individuals. President Trump has consistently maintained that the multi-million-dollar project will be entirely privately funded, incurring no cost to taxpayers.

President Trump recently discussed his plans for the ballroom, stating it would cost “about $300 million.” This figure represents an increase from the administration’s earlier estimate of $200 million for the ambitious White House expansion.

Among the prominent corporate entities listed as donors are technology industry giants Apple, Amazon, Microsoft, and Google. Other notable corporate contributors include defense contractor Lockheed Martin, cryptocurrency exchange Coinbase, media conglomerate Comcast, and social media company Meta.

Individual and family donors also feature prominently on the list, including Tyler and Cameron Winklevoss, co-founders of cryptocurrency exchange Gemini. Commerce Secretary Howard Lutnick and his family, along with the Adelson family, are also listed as contributors. President Trump notably awarded Miriam Adelson, a significant Republican megadonor, the Presidential Medal of Freedom in 2018.

The release of this donor information underscores the extensive private financial support for President Trump’s White House ballroom project, a development he continues to emphasize will be built without public funds.