Trump Raised Almost Twice The Amount Of Money Obama Did For His Inauguration

Trump Raised Almost Twice The Amount Of Money Obama Did For His Inauguration
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It is well-known that Donald Trump is a man with expensive tastes and with pockets deep enough to pay for those tastes.

So it is no surprise that his presidential inauguration would more closely resemble something one might see on CNBC’s Secret Lives of the Super Rich than TLC’s Extreme Cheapskates.

Still, some had to worry that the meals had to be costing a ton.

Fortune.com reported that the luncheon consisted of “Maine lobster and Gulf shrimp in a saffron sauce, followed by Virginia beef with a dark chocolate and juniper jus with potato gratin.” And of course dessert and wine, or if the guest prefers, champagne.

And that was just lunch.

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That’s pretty impressive for those of us whose idea of an expensive lunch is large No. 3 from Wendy’s.

All and all, the total cost of Trump’s inaugural was said to around $200 million, which would make it the most expensive inauguration in history.

Of course almost all of that is the cost of security, but still…that’s a lot of Gulf shrimp in saffron sauce.

The good news however is a guy like Trump has a list of rich friends that’s going to be pretty extensive.

That much is evident by the success he has had in finding donors to help pay for his inauguration.

According to The Washington Examiner:

President Donald Trump raised $107 million for his inaugural festivities, nearly double the previous record set by President Barack Obama eight years ago.

The cost of inaugurations are shared by the taxpayer – through the Joint Congressional Committee on Inaugural Ceremonies, the Presidential Inaugural Committee, federal government and local government – and private donors.

So the private donations Trump received more than covered that end of it.

According to NBCWashington.com

In a statement announcing its windfall, [Trump’s] inaugural committee said the multi-day event “was one of the most accessible and affordable inaugurations for the public in recent history.”

Trump has said that any extra money from the inaugural donations will go to charity.

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