Major Tech Firms and Softbank Contribute Millions to Trump Initiatives
WHO:
Techmeme - SoftBank, Apple, Microsoft, Amazon, Meta, Trump, Meredith O'Rourke
Alternet - President Trump, Meredith O'Rourke, Sam Altman, Greg Brockman, Dr. Robert J. Shapiro, Thom Hartmann
WHAT:
Techmeme - SoftBank contributed $50 million to Trump's presidential library; Apple contributed $25 million to Trump's White House ballroom; Microsoft contributed $10 million; Amazon contributed $5 million; Meta contributed $10 million to a pro-Trump group.
Alternet - Trump has a fundraising operation that includes large financial requests from donors, with amounts ranging from $5 million to $50 million.
WHERE:
Alternet - Fundraising events are held in various locations, including Florida.
WHEN:
Alternet - Trump attended a $1 million-a-plate fundraiser in Florida within 24 hours of launching a military action in Iran.
WHY:
Alternet - Donors are given access to the president in exchange for their financial contributions, which is described as a form of "crony capitalism."
HOW:
Alternet - Trump directs O'Rourke to contact specific companies and donors for contributions, often increasing the amounts requested.
(UPDATED July 31, 2026 04:10 UTC)
In a significant development, SoftBank has contributed $50 million to Trump's presidential library, while Apple, Microsoft, Amazon, and Meta have also made substantial donations to various pro-Trump initiatives. Trump has been actively fundraising, with events held in locations like Florida, where he recently attended a $1 million-a-plate fundraiser shortly after launching military action in Iran. This fundraising operation involves large requests from donors, with amounts ranging from $5 million to $50 million, as Trump directs Meredith O'Rourke to reach out to specific companies and individuals for contributions.