Trump's Son Establishes "Executive Branch" Private Club in April, with Membership Fee of Up to $500,000
BlockBeats News, October 29th. According to CNBC, Donald Trump Jr, the son of former President Donald Trump, founded a private club called "Executive Branch" in Washington D.C. in April this year. The membership fee is as high as $500,000, and founding members include White House crypto advisor David Sacks, crypto exchange Gemini co-founders the Winklevoss brothers, and tech investor Chamath Palihapitiya. The club only accepts founder recommendations and rigorously screens membership applications. "Executive Branch" was co-founded by Donald Trump Jr and executives from 1789 Capital, an investment firm Trump Jr. joined as a partner last year.
Sources revealed that in addition to the $500,000 membership fee, the club will also charge an annual fee, the specific amount of which has not been disclosed. The role "Executive Branch" plays in the Washington social and political circles may be similar to the Trump International Hotel in Washington, D.C. during the first Trump administration. The Trump hotel was a popular gathering place for government officials, Republican congressional leaders, foreign dignitaries, lobbyists, and business leaders. Potential members of this club must undergo strict review and approval by the founders. While some potential members are willing to pay $1 million to join, membership still requires recommendations and strict screening.
You may also like
Why Is Bitcoin Lagging Stocks in 2026? AI Stocks, ETF Outflows, and the Nasdaq Rally Explained
Morning Report | Samsung announces a 265.5 trillion won investment plan, focusing on semiconductor and AI computing power data centers; Vitalik publishes an article detailing the entire technology tree behind the confusion protocol (iO) mainline
What you bought on CEX is really not US stocks: Analyzing the 94% liquidation monopoly and the evaporation of equity under a five-layer pipeline
In such a crowded cross-border payment arena, where is the next stop for the future?
Why Is Bitcoin Down in 2026? What We Can Learn From 2022
The large models in the United States are moving towards closure in the name of security
From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework
Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion
Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet
Why do cryptocurrency projects always like to change their names?
Who is footing the bill for the $64 billion accounting frenzy?
I never expected that the first application of AI x Crypto would be in security auditing
What is your view on Binance's competitive advantages?
ETH has entered a non-consensus phase, and the turning point is approaching!
The shift in the cloud of the air: from despising stablecoins a year ago to the high-profile entry of capital today
The survival dilemma of small and medium exchanges behind the withdrawal anomalies exposed by AscendEX
Why Is Bitcoin Falling Below $60K? 5 Key Market Drivers Explained
Bitcoin has dropped sharply amid ETF outflows, Strategy stock weakness, AI stock rallies, and changing Fed expectations. Explore the key forces driving BTC’s latest correction and what traders should watch next.
