Adelson gave $5M to Trump's inauguration

Adelson gave $5M to Trump's inauguration
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Sheldon Adelson, the casino mogul and staunch GOP donor, contributed $5 million to support President Trump’s inauguration, according to a Tuesday Federal Election Commission filing.

Adelson’s contribution is the highest donation contribution ever given for a president’s inaugural ceremony, according to The New York Times

Other close allies to the president also provided substantial donations, including the New England Patriots' Robert Kraft, who donated $1 million, and Blackstone CEO Steve Schwarzman, who donated $250,000, the FEC filing shows.

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Trump’s longtime friend Tom Barrack headed the inaugural committee, which raised a record $107 million for the ceremony, almost twice as much as former President Barack ObamaBarack ObamaSix easy wins to improve transparency on Capitol Hill  NSA director frustrated Trump won't accept Russia interfered in election: report Moscow preparing retaliatory measures for US seizure of compounds MORE raised for his first inauguration in 2009. 

Major corporations also donated large sums of money for the event.

Previous inaugurations capped an individual's contribution at $250,000.

The organizers said they plan to donate the leftover funds to charity, although no further specifics have been provided.