23 March 2018

Billionaires donated record money for Trump inauguration

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Billionaires, corporations and NFL owners donated a record $107 million for Donald Trump inauguration.

Contribution records from Mr Trump's inaugural committee, released on Wednesday by the Federal Election Commission, show the president who railed as a candidate against the corrupting influence of big-money donors was only too willing to accept top-dollar cheques for his swearing-in festivities.

Mr Trump's total take was about double the previous record set by Barack Obama, who collected $53 million in contributions in 2009, and had money left over to spend on the annual Easter egg roll and other White House events.

Top inaugural donors of Donald Trump were Las Vegas gambling billionaire Sheldon Adelson, who gave $5 million, Phil Ruffin, another casino mogul and close friend of Mr Trump gave $1 million, Patriots owner Bob Kraft and others.

Mr Trump's inaugural committee has promised to "identify and evaluate charities that will receive contributions left from the excess monies raised."

2017.04.20 / 12:12
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