Huge expenses for Mr. Trump’s inauguration today

According to NBC News, the inauguration of presidents in the US is a major event and most of the costs come from personal contributions, while the budget pays for security work.

While it is difficult to accurately estimate the cost of an inauguration, public information about private donations is enough to show the scale of the event.

President-elect Donald Trump’s second term inauguration today, January 20, had the highest cost in US history. His team has received contributions of more than 200 million USD for this event.

Prominent among the contributors to Mr. Trump’s swearing-in ceremony, at $1 million, are Boeing, Google, Hyundai, Microsoft, Amazon, Uber, Ford, Toyota Motor North America, General Motors, Meta, Delta Airlines and many more. other individuals and organizations.

By comparison, current President Joe Biden raised $62 million from billionaires and corporations like Lockheed Martin and Boeing for his 2021 inauguration. The event took place with a limited crowd size due to the pandemic Covid-19 and the protesters storming the Capitol 2 weeks earlier.

At the inauguration ceremony for his first term in 2017, Mr. Trump also set an expense record at that time with an estimated 106 million USD, of which the largest donation of 5 million USD belonged to casino tycoon Sheldon Adelson.

In 2013, Barack Obama’s second term inauguration received about 43 million USD, while his first term inauguration in 2009 received about 53 million USD.

Previously, former President George W. Bush received a contribution of 40 million USD for his first inauguration in 2001 and 42.3 million USD for his second inauguration in 2005.

For his part, former President Bill Clinton received about 33 million USD for his second inauguration in 1997. His first inauguration in 1993 received contributions of more than 2.5 million USD, in addition to 17 million USD. interest-free loans, repaid with proceeds from souvenir sales and television revenue.