In addition to tech leaders, the automotive sector has shown significant support, with Toyota pledging $1 million. This comes after similar donations from Ford and General Motors.
Apple CEO Tim Cook talks with U.S. President Donald Trump as they participate in an American Workforce Policy Advisory Board meeting in the White House State Dining Room in Washington, U.S., March 6, 2019. Photograph: (Reuters)
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According to a report by Axios, Apple CEO Tim Cook is personally donating $1 million to the inauguration fund of President-elect Donald Trump. The Republican leader will be sworn in on January 20.
Axios, citing sources, reported that Cook sees the inauguration as a key American tradition and is contributing “in the spirit of unity.” The donation is being made personally, with Apple not expected to provide any financial support.
Cook’s contribution is part of a broader trend of financial donations and support for Trump’s inaugural committee. Companies like Amazon and OpenAI have also made contributions.
The automotive sector, Wall Street, and cryptocurrency platforms are among the major donors.
In October last year, Trump mentioned that Cook had contacted him regarding concerns over Apple’s legal and financial challenges in Europe. Apple recently lost its final appeal in a European Union dispute, resulting in the company owing €13 billion ($14.34 billion) in back taxes to Ireland.
