President-elect Donald Trump has raised over USD 170 million for his inauguration, setting a record, with expectations to surpass $200 million.

Trump’s inaugural committee has raised over USD 170 million, with expectations to surpass USD 200 million.

The donations will cover events like the oath of office ceremony, a parade, and inaugural balls. Leftover funds may go towards a future Trump presidential library.

The raised amount is more than double the USD 62 million Biden raised for his inauguration in 2021.

Trump’s inauguration in 2016 set a record with nearly USD 107 million in donations.

Major donors, including tech companies like Amazon, Meta, and OpenAI CEO Sam Altman, have contributed large sums to improve their relationship with the incoming president.

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