US President Donald Trump’s inaugural committee raised an unprecedented $239 million for the events surrounding his 2025 swearing-in — shattering past records and drawing scrutiny over the outsize influence of billionaires and corporate giants.
According to a Federal Election Commission filing, the top donor was Colorado-based poultry giant Pilgrim’s Pride, which contributed $5 million. Major cryptocurrency players Ripple Labs and Robinhood followed with donations of $4.9 million and $2 million, respectively.
Several top donors have since been tapped for prominent government posts. Arkansas financier Warren Stephens, who gave $4 million, was nominated as US ambassador to the UK, while billionaire Jared Isaacman — awaiting Senate confirmation to lead NASA — contributed $2 million. Education Secretary Linda McMahon and Treasury Secretary Scott Bessent also appeared on the donor list with $1 million and $250,000 contributions, respectively.
Among corporate donors, Meta and Amazon each gave $1 million, reportedly securing prime seats at the January 20 ceremony in the Capitol Rotunda for CEOs Mark Zuckerberg and Jeff Bezos. Chipmaker Nvidia, facing trade restrictions with China, also gave $1 million.
The Trump Vance Inaugural Committee reported taking in $245.3 million and refunding just over $6 million. Roughly 60% of the total came from more than 130 individual million-dollar donations, underscoring the heavy reliance on high-dollar donors to finance the lavish events.
Notably, OpenAI CEO Sam Altman, hedge fund manager Paul Singer, and Trump political ally Miriam Adelson were among those contributing $1 million personally.
Steve Kerrigan, who produced inaugural events for Barack Obama and Joe Biden, said Trump’s figures are far beyond what is required. “There’s simply no need for that level of spending unless it’s intended to buy access,” he told CNN.
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Flights at Catania airport in Sicily will remain suspended until early Friday as ash from Mount Etna continues to disrupt air travel, following hundreds of cancellations and diversions over the past week.
Hundreds of flights have been cancelled or rerouted at Catania Airport over the past week as ash from Mount Etna’s ongoing eruption continues to disrupt air travel in Sicily.
Iran says the Strait of Hormuz remains under its control, rejecting U.S. President Donald Trump’s claim of “total control” over the strategic waterway and insisting it will not reopen until Washington fulfils its commitments under an interim deal.
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Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 14th of August, covering the latest developments.
Ukraine’s attacks on Russian ports, refineries and shipping infrastructure are putting Moscow’s energy exports under growing pressure and disrupting key trade routes, raising concerns over commercial shipping and global food supplies.
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