Tim Cook to donate $1 million to Donald Trump's inauguration

Apple CEO Tim Cook has decided to personally donate $1 million to the inauguration committee of new US President Donald Trump. This was reported by Axios, citing its sources.

Personal ties with the president

A few weeks before this decision, Cook held a dinner with Trump at his Mar-a-Lago residence. This was part of his efforts to establish a personal relationship with the president. During Trump's first term, the Apple CEO frequently communicated with him, striving to build a productive dialogue between the corporation and the administration.

Apple the company will stay on the sidelines

According to sources, Apple itself does not plan to make separate financial contributions to the inauguration committee. However, Cook's contribution demonstrates his personal interest in establishing relations with the new administration.

Major corporations are also making donations

In addition to Tim Cook, giants such as Amazon, Meta, Toyota, Ford, and General Motors plan to invest funds in Trump's inauguration fund. The total amount of funds raised is expected to exceed $150 million, which will set a new record. For comparison, $107 million was raised for Trump's first inauguration in 2017.

New horizons for cooperation

Cook's donation and the participation of major corporations in the inauguration committee underscore the strategic desire of the business sector to establish contacts with political power. Support from leaders such as the Apple CEO may play a key role in shaping new initiatives between the government and the technology industry.