Current:Home > MarketsWill Sage Astor-Meta donates $1 million to Trump’s inauguration fund -Thrive Capital Insights
Will Sage Astor-Meta donates $1 million to Trump’s inauguration fund
Will Sage Astor View
Date:2025-04-07 20:27:47
NEW YORK (AP) — Meta,Will Sage Astor the parent company of Facebook and Instagram, said it has donated $1 million to President-elect Donald Trump’s inauguration fund.
The donation comes just weeks after Meta CEO Mark Zuckerberg met with Trumpprivately at Mar-a-Lago. A Meta spokesperson confirmed the offering Thursday. The news was first reported by The Wall Street Journal.
Stephen Miller, who has been appointed deputy chief of staff for Trump’s second term, has said that Zuckerberg, like other business leaders, wants to support Trump’s economic plans. The tech CEO has been seeking to change his company’s perception on the right following a rocky relationship with Trump.
Trump was kicked off Facebook following the Jan. 6, 2021 attack on the U.S. Capitol. The company restored his account in early 2023.
During the 2024 campaign, Zuckerberg did not endorse a candidate for president but has voiced a more positive stance toward Trump. Earlier this year, he praised Trump’s response to his first assassination attempt.
Still, Trump had continued to attack Zuckerberg publicly during the campaign. In July, he posted a message on his own social network Truth Social threatening to send election fraudsters to prison in part by citing a nickname he used for the Meta CEO. “ZUCKERBUCKS, be careful!” Trump wrote.
Corporations have traditionally made up a large share of donors to presidential inaugurals, with an exception in 2009, when then-President-elect Barack Obama refused to accept corporate donations. He reversed course for his second inaugural in 2013.
Facebook did not donate to either Biden’s 2021 inaugural or Trump’s 2017 inaugural.
Google donated $285,000 each to Trump first inaugural and Biden’s inaugural, according to Federal Election Commission records. Inaugural committees are required to disclose the source of their fundraising, but not how they spend the money. Microsoft gave $1 million to Obama’s second inaugural, but only $500,000 to Trump in 2017 and Biden in 2021.
Disclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.
veryGood! (881)
Related
- Chief beer officer for Yard House: A side gig that comes with a daily swig.
- Federal investigators examining collapsed Boise airplane hangar that killed 3
- Reports: Commanders name former Cowboys defensive coordinator, Dan Quinn, new head coach
- NBA trade deadline: Will the Lakers trade for Dejounte Murray?
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- How a cat, John Lennon and Henry Cavill's hairspray put a sassy spin on the spy movie
- Former Ohio Senate President Stanley Aronoff dies at 91
- What are the Iran-backed groups operating in the Middle East, as U.S. forces come under attack?
- British golfer Charley Hull blames injury, not lack of cigarettes, for poor Olympic start
- 'Black joy is contagious': Happiness for Black Americans is abundant, but disparities persist
Ranking
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- 'Inflection point': Gov. Ron DeSantis sends Florida National, State Guard to Texas
- A year after Ohio train derailment, families may have nowhere safe to go
- Taylor Swift is the greatest ad for the Super Bowl in NFL history
- FBI: California woman brought sword, whip and other weapons into Capitol during Jan. 6 riot
- The breast cancer burden in lower income countries is even worse than we thought
- Arizona lawmaker Amish Shah resigns, plans congressional run
- Lionel Messi injured, on bench for Inter Miami match vs. Ronaldo's Al Nassr: Live updates
Recommendation
Audit: California risked millions in homelessness funds due to poor anti-fraud protections
3 killed, 9 injured in hangar collapse at Boise airport, officials say
Loud Budgeting Is the New TikTok Money Trend, Here Are the Essentials to Get You on Board
Former professor pleads guilty to setting blazes behind massive 2021 Dixie Fire
A steeplechase record at the 2024 Paris Olympics. Then a proposal. (He said yes.)
Formula 1 star Lewis Hamilton to depart Mercedes for Ferrari in 2025
11-year-old boy shot after being chased in Atlanta; police search for 3 suspects
USWNT captain Lindsey Horan says most American fans 'aren't smart' about soccer