CEOs Pledge Millions for Trump's Committee

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inaugural donation

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Here's why business leaders are spending big on Trump's inaugural committee

Summary

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82% Informative

Some of the planned donations reportedly include $1 million each from Jeff Bezos' Amazon , OpenAI CEO Sam Altman and Facebook parent company Meta .

Trump 's second inaugural committee is expected to dwarf his first in fundraising.

The donations present a "unique opportunity" to gain influence with and access to the White House , experts told CNBC .

Inaugural committee is co-chaired by real estate investor Steve Witkoff and former Sen. Kelly Loeffler .

Reince Priebus , who was one of Trump 's White House chiefs of staff during his first term, has been tapped to serve as the committee's finance chair.

Tesla and SpaceX CEO Elon Musk spent more than $250 million helping elect Trump .

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