Trump’s inauguration organizers raised $107 million, doubling record

Sheldon G. Adelson, center, and his wife, Miriam, with Stephen K. Bannon at the inauguration. Credit Damon Winter/The New York Times

Politics is Expensive

Documents released this week revealed that President Trump’s inauguration organizers raised $107 million for the event, doubling the previous record. The fundraising blitz came after Trump, unrestricted by voluntary limits adopted by his predecessors, benefited from donations of $1 million or more from 48 people or organizations, according to disclosures filed with the Federal Election Commission. The big donors included casino magnate Sheldon Adelson, who wants the government to ban online gambling rivals, a trust controlled by the coal industry billionaire Joseph W. Craft III, and Robert Mercer, the billionaire investor and Breitbart News benefactor.

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