President-elect Donald Trump’s inaugural fund has raked in a historic amount of funds, far eclipsing the contributions raised during previous administrations. 

Trump’s inaugural committee brought in at least $170 million to help finance opening ceremonies, the parade, galas, and balls. That number easily shatters Trump’s own record that he set in 2017 when his first inaugural committee raised roughly $107 million. 

Previous inaugural committees haven’t even come close to Trump’s records.  

Four years ago, President Joe Biden’s inaugural fund raised $62 million. Former President Barack Obama raised $43 million in 2013, $7 million short of the $50 million fundraising target. Donations to Obama’s first inaugural committee reached about $55 million. 

Trump’s new record for donations comes after he won the popular vote and all seven battleground states, significantly improving upon his 2020 and 2016 presidential campaigns. Polls conducted after the election showed enthusiasm for the president-elect had reached all-time highs.

The historic numbers his 2025 inaugural committee raised, particularly from an increasing number of corporate donors, indicate the broader cultural acceptance the president-elect has found after years of being considered a social pariah, according to strategists. 

In 2017, “people were very reticent to socially and publicly align themselves [with Trump]. That stigma is gone,” Republican lobbyist Ozzie Palomo told CBC. 

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“The stigma of a Trump donation, which was out there to some degree eight years ago, is no longer there,” Brian Ballard, a longtime fundraiser for Trump who’s raised money for the Presidential Inaugural Committee, similarly told Politico. “Who knows what’s going to happen two months from now? But for today, up and down, corporate America is solidly pro-Trump.”

Ballard’s comments follow $1 million dollar donations from Big Tech leaders such as Amazon owner Jeff Bezos and Meta CEO Mark Zuckerberg.