Why Are 21 Billionaires Moving Their Money ASAP?

One of the biggest stock market events in 25 years is rapidly unfolding... The economist who predicted the 2008 Financial Crisis says it will be: "The Biggest Crash of Our Lifetime." Starting November 19 it could cut the entire tech marketing by HALF.

Trump's $300 Million White House Ballroom Could Soon Bear A Very Familiar Name

Ananya Gairola
October 24, 2025

President Donald Trump is reportedly planning to name his new $300 million White House ballroom after himself.

';The President Donald J Trump Ballroom'

Officials are already referring to the new space as "The President Donald J Trump Ballroom," sources familiar with the project told ABC News.

Trump has not publicly confirmed the name.

On Thursday, when asked by the publication whether he had decided on a name, Trump smiled and said, "I won't get into that now."

The 90,000-square-foot ballroom, which replaced much of the East Wing, is designed to host up to 650 guests. New images released revealed the extent of construction, with the East Wing demolished to make way for the expansion.

See Also: Elizabeth Warren Says Trump ';Approved' The Largest Meat Company In World To Be Listed On NYSE Ignoring Corruption And Bribery History, Demands Answers

$350 Million Raised For Construction

A White House official confirmed that $350 million has been raised for the ballroom project -- though the construction itself is projected to cost $300 million, the report noted.

The official said Trump "has received such positive and overwhelming support for the ballroom that he continues to receive donations."

The official declined to comment on what will happen to the additional $50 million raised.

When asked by the publication how much of his own money he planned to donate, Trump said, "Oh, millions of dollars. Yeah. Well, I also give, you know, I give a lot of money to the White House. The White House is, as you know, I give my salary, and I usually like to steer it to the White House because this house was a little bit abandoned."

White House did not immediately respond to Benzinga's request for comment.

Crypto And Tech Giants Among Donors

Major crypto and tech companies -- including Ripple (CRYPTO: XRP), Coinbase (NASDAQ:COIN), Tether (CRYPTO: USDT), and the Winklevoss twins’ Gemini, Apple Inc. (NASDAQ:AAPL), Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google and Microsoft Corporation (NASDAQ:MSFT)-- are reportedly among the key donors backing the project.

The ballroom project, under construction since September 2025, has sparked both fascination and criticism.

Previously,  Sen. Elizabeth Warren (D-Mass.) and Gov. Gavin Newsom (D-Calif.) criticized the move, calling it symbolic of Trump's disregard for ordinary Americans and the Constitution.

Hillary Clinton also condemned the construction, saying Trump was "destroying" the people's house. In response, Sen. Ted Cruz  (R-Texas) defended Trump, stating that "at least he didn't steal the silverware," taking a dig at Clinton.

Read Next:

  • Trump Turnberry Is ';Our Monalisa’ Says Eric Trump As He Shrugs Off Millions In Losses-- ';We Don’t Give A…’

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Image via Shutterstock

Continue Reading...

Popular

Forget Amazon's 1997 IPO... This Could Be 287 Times Bigger - Ad

Since Amazon's IPO in 1997, it climbed enough to turn $100 into $250,000. Now, one man says Elon Musk could be gearing up to take his internet satellite giant public... in what Fortune magazine says will be the biggest IPO in history! James Altucher is sharing how ANYONE can get a pre-IPO stake... with as little as $100!

Japan's SoftBank says it has sold its shares in Nvidia for $5.8 billion

TOKYO (AP) — Japanese technology company SoftBank Group Corp. said Tuesday that it has sold all the Nvidia Corp. shares that it owned for $5.83 billion, while it reported higher than expected profit in the first half of this fiscal year.

Nvidia CEO: E.I. Will Be as Common as Cars Today - Ad

E.I. isn't science fiction anymore. It's already here. And one little-known company is quietly supplying the systems behind it. This stock is still under Wall Street's radar... but not for long. You'll get the name, the ticker, and the full thesis inside.

Buy This AI Stock Tomorrow Morning? - Ad

A former hedge fund manager known for spotting early winners is sounding the alarm once again. He's turning his focus to a little-known AI company that just earned a near-perfect score in his new proprietary stock grading system. He reveals the name, ticker symbol, and why this could be the smartest AI move of the year.

A United Airlines emergency landing likely caused by collision with a weather balloon

A United Airlines plane appears to have collided with a weather balloon while cruising over Utah at 36,000 feet last week, fracturing layers of its windshield and forcing an emergency landing.

Novo Nordisk hikes Metsera bid to up to $10B in competition with rival Pfizer

Novo Nordisk is raising the stakes in its push to outbid rival Pfizer for the development-stage drugmaker Metsera.

Trump Signs Law to Launch Dollar 2.0 - Ad

Trump just signed law S.1582, unleashing the biggest money shift in 100+ years. For the first time since 1913, private firms - not the Fed - can mint a "Dollar 2.0." Treasury says it could drain $6.6T from banks and pay 10X current savings rates. Early investors in minting firms could see 40X returns by 2032.

Main wreckage of cargo plane recovered from Hong Kong waters after deadly crash

HONG KONG (AP) — The main wreckage of a cargo plane that and plunged into the sea was recovered from the waters on Sunday, days after the deadly crash.

2,000 mink released from Iowa farm in what trade group calls 'terrorist act'

One or more intruders broke into an Iowa mink farm and released 2,000 of the furbearing animals in what a trade group called a “terrorist act” under federal law.

The Next Biggest Bull Run In Over 50 Years - Ad

Gold has hit all-time highs, breaking $4,000 an ounce - but history shows it could be on the verge of its biggest bull run in over half a century... triggered by a likely major event, eerily similar to what happened in the 1970s. (It's NOT inflation or anything you're likely expecting.) Now, a top analyst says you can capture ALL of the upside without touching a risky miner or a boring exchange-traded fund. He sees extraordinary potential gains long term with very little risk.

Elon Musk's SpaceX Shakes Up Bitcoin Market With $133 Million Transfer

SpaceX, the space exploration company led by Elon Musk, has reportedly transferred over $133 million in Bitcoin (CRYPTO: BTC), causing a stir in the cryptocurrency market.

Trump Nominates Jared Isaacman For NASA Administrator — Elon Musk Reacts

Elon Musk's ally Jared Isaacman nominated for NASA Administrator by President Donald Trump amid SpaceX's Artemis push.

After 50 Years of Chemo, One Biotech Could Lead the Next Cancer Breakthrough - Ad

For decades, toxic chemotherapy defined cancer care. This biotech's innovative approach could finally change that. With early results showing precision without poison, this story is one investors will want to see early.

Looking For The Next Beyond Meat? Here Are The Top 10 Most Shorted Stocks

Here's a look at the most heavily shorted stocks in the market as investors look for the next Beyond Meat.

Ford's enormous F-150 becomes unlikely part of Japan's efforts to woo Trump

TOKYO (AP) — Japan's most iconic truck might be the tiny white transport vehicles that farmers use to lug gear on the narrow roads that link their rice fields.

Elon's New Device Could Launch Biggest IPO of the Decade - Ad

Elon Musk's new device is being called a "game-changer"-and even the White House is using this tech. Jeff Brown says it could launch Musk's next trillion-dollar company and make early investors rich. You can claim a stake now for as little as $500.

Elizabeth Warren And Adam Schiff Introduce Senate Resolution Condemning Trump's Pardon Of Changpeng Zhao

Senators Elizabeth Warren (D-Mass.) and Adam Schiff (D-CA) are introducing a Senate resolution condemning President Donald Trump‘s pardon of Binance (CRYPTO: BNB) founder

Abu Dhabi hosts oil summit as OPEC+ halts production hikes planned for first quarter of 2026

ABU DHABI, United Arab Emirates (AP) — Abu Dhabi hosted a major oil summit Monday, hours after the OPEC+ cartel and its allies said it would halt further production increases planned in the first quarter of 2026 over concerns of too much supply in the market.

"Tech Prophet" Who Predicted the iPhone Now Predicts... - Ad

George Gilder - who predicted the iPhone 17 years early and gave Reagan the first microchip - is making his boldest call yet. He says an American nanotech "super-convergence" could mint more millionaires than any event in recent memory. He's found 3 stocks set to benefit before November 18's bombshell.

Michigan terminates controversial EV battery plant and seeks to claw back millions in incentives

LANSING, Mich. (AP) — Michigan is demanding millions of dollars in incentives back from a Chinese company after plans to build an electric vehicle battery plant collapsed following against the project from neighbors and members of Congress.

OpenAI launches web browser to compete with Google Chrome

OpenAI said Tuesday it is introducing its own web browser, Atlas, putting the ChatGPT maker in direct competition with Google as more internet users rely on artificial intelligence to answer their questions.

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as January 29.

Coeur Mining's $7 Billion Deal For New Gold Creates $20 Billion Powerhouse

Coeur Mining Inc. (CDE) announced acquisition of New Gold Inc. (NGD) in all-stock deal valued at $7 billion.

Wingstop CEO Flags Broadening Demand Weakness, Cuts Outlook

Wingstop (NASDAQ: WING) shares surge on mixed Q3 results, with earnings beating expectations while revenue falls short.

Why Are 21 Billionaires Moving Their Money ASAP? - Ad

One of the biggest stock market events in 25 years is rapidly unfolding... The economist who predicted the 2008 Financial Crisis says it will be: "The Biggest Crash of Our Lifetime." Starting November 19 it could cut the entire tech marketing by HALF.

What's Going On With The Drop In Apple Stock Today?

Apple Inc (NASDAQ:AAPL) shares are trading lower on Wednesday. The company faces a new EU antitrust complaint while navigating mixed demand signals across its iPhone lineup ahead of fourth-quarter earnings on Oct. 30.

Trump's White House Ballroom Donors Include Google, Micron, Palantir and More

The $300 million cost of Trump's ballroom is being covered entirely by private donors, including several major corporations.

Forget Amazon's 1997 IPO... This Could Be 287 Times Bigger - Ad

Since Amazon's IPO in 1997, it climbed enough to turn $100 into $250,000. Now, one man says Elon Musk could be gearing up to take his internet satellite giant public... in what Fortune magazine says will be the biggest IPO in history! James Altucher is sharing how ANYONE can get a pre-IPO stake... with as little as $100!

Loggins demands removal of Trump's AI-generated video using ‘Danger Zone’

NEW YORK (AP) — Kenny Loggins is objecting to the use of his music in a social media post showing an artificial intelligence-generated video of dumping excrement from a fighter jet on last weekend's .

Nvidia CEO: E.I. Will Be as Common as Cars Today - Ad

E.I. isn't science fiction anymore. It's already here. And one little-known company is quietly supplying the systems behind it. This stock is still under Wall Street's radar... but not for long. You'll get the name, the ticker, and the full thesis inside.

GE Vernova Moves To Full Control Of Prolec GE In Massive $5.3 Billion Deal

GE Vernova Inc. (NYSE: GEV) to acquire remaining 50% stake in Prolec GE for $5.275 billion. The deal is expected to close by mid-2026.

Buy This AI Stock Tomorrow Morning? - Ad

A former hedge fund manager known for spotting early winners is sounding the alarm once again. He's turning his focus to a little-known AI company that just earned a near-perfect score in his new proprietary stock grading system. He reveals the name, ticker symbol, and why this could be the smartest AI move of the year.

France threatens to block Shein over sale of childlike sex dolls ahead of Paris store opening

PARIS (AP) — French authorities have warned they may block access to after it emerged that the online fast fashion giant had been selling sex dolls with a childlike appearance.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright activatrade.ca
Privacy Policy | Terms of Service