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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsJapanese megacorp SoftBank donates $50M to Trump's presidential library
Source: Politico
Japanese megacorp SoftBank donates $50M to Trumps presidential library
It is one of the largest publicly disclosed gifts to Trumps presidential library.
By Daniel Lippman
05/22/2026 06:00 PM EDT
Japanese conglomerate SoftBank Group recently donated $50 million to the Trump presidential library and foundation, two people familiar with the matter said, as companies continue to curry favor with the Trump administration.
The donation from SoftBank is one of the largest known gifts to the fund. The Trump library is in the process of raising hundreds of millions of dollars for the project, and donations from media and tech organizations including ABC News, Paramount, X and Meta as part of lawsuit settlements are also other sources of funds.
The donation is intended to support a focus at the library on the strength of the U.S.-Japanese relationship and the longstanding alliance between the two countries, particularly on strategic and economic issues, according to the two people, who were granted anonymity to discuss the not-yet-public donation.
SoftBank, which pledged in 2024 to invest $100 billion in American companies during Trumps term, is one of the largest AI investors in the world and also has its own controlling stakes in tech companies, including a semiconductor chip designer.
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Read more: https://www.politico.com/news/2026/05/22/softbank-trump-library-donation-00934285
wcmagumba
(6,650 posts)newdeal2
(5,629 posts)All of Trump's favorites.
JBTaurus83
(1,694 posts)Freak all around the world are bowing to worship.
JT45242
(4,143 posts)The corruption is so blatant.
Spineless enablers who should have impeached and banned him post Jan 6
bob4460
(405 posts)Any donations given by foreign corporation to a president is just a setup for corruption.
Diraven
(1,953 posts)Like someone completely drained the accounts and no one knows who took it. I guess this money will disappear soon too.
BlueWaveNeverEnd
(15,040 posts)IcyPeas
(25,823 posts)....
The decision to make Trumps presidential library a hotel raises several questions, including about how it could legally operate as a nonprofit.
Every presidents library thus far has had an associated nonprofit, which funds the development and then assists with events and fundraising after the building is transferred to the federal government to be operated by the National Archives. All presidential library foundations are subject to the Internal Revenue Code which prohibits the foundation from being used to benefit any person having a personal and private interest in the organizations activities.
https://www.citizensforethics.org/reports-investigations/crew-investigations/the-trump-organization-is-developing-trumps-presidential-library-maybe-as-a-trump-hotel/
Princess Turandot
(4,930 posts)it's so grotesque, it's hilarious. Considering the erosion that's already occurring under buildings along the Florida coast, it's a curious location. But the state is providing the land, so...
wcmagumba
(6,650 posts)oasis
(54,012 posts)💩💩💩💩💩
Initech
(109,289 posts)Cha
(320,742 posts)pusher Assholes. Fuck them and their fukcing Billions for ruining the planet.
Ya Dumb Fucks!
Blow up your faces.