Sign up to save tools and stay up to date with the latest in AI
bg
bg
1

CEOs and companies are breaking out their wallets for Trump, from Sam Altman to Jeff Bezos and Mark Zuckerberg

Dec 13, 2024 - businessinsider.com
Business leaders, including prominent tech CEOs like Sam Altman of OpenAI, Mark Zuckerberg of Meta, and Jeff Bezos of Amazon, are donating $1 million each to Donald Trump's inaugural fund as he prepares to return to the Oval Office. These donations appear to be part of a broader effort by industry leaders to align themselves with Trump and potentially influence his administration's tech policies. Despite past criticisms and legal actions from Trump against Big Tech, these executives are seeking to mend relations and secure favorable positions in his upcoming term.

The trend of donating to Trump's inauguration fund is seen as a strategic move by business leaders across various sectors. High-profile figures such as Bill Ackman, Jane Fraser, Brian Cornell, Michael Miebach, David Solomon, and Hans Vestberg were present at the New York Stock Exchange to witness Trump ring the opening bell, coinciding with his recognition as TIME's Person of the Year. This engagement highlights the business community's interest in maintaining a positive relationship with Trump as he assumes office again.

Key takeaways:

```html
  • Donald Trump is receiving significant donations from major business leaders for his inaugural fund, including $1 million each from Meta, Amazon, and OpenAI CEO Sam Altman.
  • Tech leaders are attempting to align with Trump to influence his administration's tech policy, despite previous criticisms and legal actions against them.
  • High-profile CEOs, such as Mark Zuckerberg and Jeff Bezos, are engaging with Trump through meetings and events, signaling a strategic move to maintain favorable relations.
  • Trump's victory has prompted a wave of public support and interactions from business leaders, as seen in congratulatory messages and visits to Mar-a-Lago.
```
View Full Article

Comments (0)

Be the first to comment!