Big Tech and Billionaires Fund Trump’s $300 Million White House Ballroom
The White House has released a list of the project’s funders—including Big tech companies, silicon valley companies and billionaires.
Big Tech and Billionaires Fund Trump’s $300 Million White House Ballroom
Table of Contents The White House is proceeding with a large-scale construction project to build a 90,000-square-foot ballroom on the grounds of the White House—specifically replacing the East Wing. The Ballroom is estimated to hold up to 1,000 guests for large gatherings, and planned to be completed before Trump’s term ends in 2029. Demolition of the East Wing has started by construction workers, to make way for the new ballroom. However, it's worth noting that the initial estimated cost that was allocated to finish the construction has grown; what started with an estimation of $200 million has been revised to about $250 to $300 million. But the administration assures that no taxpayer funds will be used; instead, the funding is coming from private donations plus Trump himself. Techcrunch calls this project "Trump's lavish addition to the White House." Well, we can say this is because the planned Ballroom will be costing around $250 to $300 million, funds that's far …
About the author
Independent journalist covering tech, business, finance, and science | BSc Accounting student | He founded FinNG
