President Donald Trump’s proposed 90,000-square-foot White House ballroom is being financed by a coalition of major corporations, wealthy individuals, and political allies, according to a donor list released by the White House on Wednesday.
The project, estimated to cost about $300 million, is being privately funded and will not draw from taxpayer resources, Trump said during a briefing.
The administration had previously estimated the cost at $200 million.
Among the corporate donors are tech giants Apple, Amazon, Google, Microsoft, Meta Platforms, and Coinbase, as well as defense contractor Lockheed Martin and media conglomerate Comcast Corporation.
Other contributors include the co-founders of cryptocurrency exchange Gemini, Tyler and Cameron Winklevoss; Commerce Secretary Howard Lutnick and his family; and the Adelson Family Foundation.
Miriam Adelson, a prominent Republican donor, was awarded the Presidential Medal of Freedom by Trump in 2018.
The full list of donors includes:
Altria Group, Booz Allen Hamilton, Caterpillar Inc., J. Pepe and Emilia Fanjul, Hard Rock International, HP Inc., Micron Technology, NextEra Energy, Palantir Technologies, Ripple, Reynolds American, T-Mobile, Tether America, Union Pacific Railroad, Stefan E. Brodie, Betty Wold Johnson Foundation, Charles and Marissa Cascarilla, Edward and Shari Glazer, Harold Hamm, Benjamin Leon Jr., The Laura & Isaac Perlmutter Foundation, Stephen A. Schwarzman, Konstantin Sokolov, Kelly Loeffler and Jeff Sprecher, and Paolo Tiramani.
The ballroom is being constructed on the eastern side of the White House, replacing the traditional East Wing which housed the First Lady’s offices and served as the starting point for public tours.
White House officials said the project reflects Trump’s vision to modernize and expand the executive residence, and that the donor list demonstrates broad support from corporate America and influential individuals
