While the Trump administration has yet to release a full list of donors contributing to the planned construction of a White House ballroom, a picture of potential donors and companies funding the project is beginning to emerge. President Donald Trump again reiterated in the Oval Office on Wednesday afternoon that the ballroom is being "paid for 100% by me and some friends of mine," referencing donors."The government is paying absolutely nothing." Trump also appeared to increase the cost estimate by $50-$100 million, telling reporters during his remarks on Wednesday the price tag for the new venue was "about $300 million" -- more than the $200-$250 million estimates previously given. President Donald Trump holds a rendering of his proposed ballroom as he meets with Secretary General of the North Atlantic Treaty Organization Mark Rutte in the Oval Office of the White House in Washington, October 22, 2025.Kevin Lamarque/ReutersEntire East Wing expected to be demolished as soon as this weekend, sources sayEarlier this month, the Trump administration released a list of people and companies who were expected to attend a dinner at the White House about the construction project. While no full list of donors has been released, the names of some companies scheduled to attend the dinner released by the White House largely come from the tech and crypto industries, including Amazon, Apple, Google, Meta and Microsoft, along with Coinbase, Ripple and Tether.
Cameron and Tyler Winklevoss, two tech and cryptocurrency investors, were also on the list. Some companies have already reaped lucrative contracts during Trump's second term, including Microsoft and Google which landed contracts for their AI and cloud tools, while Amazon Web Services received potentially up to $1 billion in cloud-credit incentives. The crypto industry at large has seen major benefits under Trump through policies and executive orders, with Trump's own family amassing billions through crypto ventures dur...