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Eugene

(67,403 posts) Fri May 22, 2026, 06:12 PM May 22

Japanese megacorp SoftBank donates $50M to Trump's presidential library

Source: Politico

Japanese megacorp SoftBank donates $50M to Trump’s presidential library

It is one of the largest publicly disclosed gifts to Trump’s presidential library.

By Daniel Lippman
05/22/2026 06:00 PM EDT

Japanese conglomerate SoftBank Group recently donated $50 million to the Trump presidential library and foundation, two people familiar with the matter said, as companies continue to curry favor with the Trump administration.

The donation from SoftBank is one of the largest known gifts to the fund. The Trump library is in the process of raising hundreds of millions of dollars for the project, and donations from media and tech organizations including ABC News, Paramount, X and Meta as part of lawsuit settlements are also other sources of funds.

The donation is intended to support a focus at the library on the strength of the U.S.-Japanese relationship and the longstanding alliance between the two countries, particularly on strategic and economic issues, according to the two people, who were granted anonymity to discuss the not-yet-public donation.

SoftBank, which pledged in 2024 to invest $100 billion in American companies during Trump’s term, is one of the largest AI investors in the world and also has its own controlling stakes in tech companies, including a semiconductor chip designer.

-snip-

Read more: https://www.politico.com/news/2026/05/22/softbank-trump-library-donation-00934285

13 replies

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Highlight:

Japanese megacorp SoftBank donates $50M to Trump's presidential library (Original Post) Eugene May 22 OP

Dementia Donny can barely speak or read, WTF will even be in that "library"...pedo toys? wcmagumba May 22 #1

A gallery of softcore porn, presented by SoftBank newdeal2 May 22 #4

The fascists aren't just in the US JBTaurus83 May 22 #2

Emoluments and bribes... JT45242 May 22 #3

That should be illegal bob4460 May 22 #5

I thought all his library money disappeared Diraven May 22 #6

buying influence BlueWaveNeverEnd May 22 #7

Library with a hotel you mean... IcyPeas May 22 #8

The current rendering.. Princess Turandot May 22 #9

That's truly hideous looking...imo... wcmagumba May 22 #10

Triumph, the Insult Comic Dog also donated. oasis May 22 #11

Fuck you Softbank! Initech May 22 #12

I absolutely hate those fucking Nazi PEDO Cha May 22 #13

wcmagumba

(6,709 posts)

1. Dementia Donny can barely speak or read, WTF will even be in that "library"...pedo toys?

Reply to Eugene (Original post)

Fri May 22, 2026, 06:17 PM

May 22

newdeal2

(5,636 posts)

4. A gallery of softcore porn, presented by SoftBank

Reply to wcmagumba (Reply #1)

Fri May 22, 2026, 06:57 PM

May 22

All of Trump's favorites.

JBTaurus83

(1,724 posts)

2. The fascists aren't just in the US

Reply to Eugene (Original post)

Fri May 22, 2026, 06:53 PM

May 22

Freak all around the world are bowing to worship.

JT45242

(4,167 posts)

3. Emoluments and bribes...

Reply to Eugene (Original post)

Fri May 22, 2026, 06:53 PM

May 22

The corruption is so blatant.

Spineless enablers who should have impeached and banned him post Jan 6

bob4460

(405 posts)

5. That should be illegal

Reply to Eugene (Original post)

Fri May 22, 2026, 07:41 PM

May 22

Any donations given by foreign corporation to a president is just a setup for corruption.

Diraven

(1,958 posts)

6. I thought all his library money disappeared

Reply to Eugene (Original post)

Fri May 22, 2026, 08:59 PM

May 22

Like someone completely drained the accounts and no one knows who took it. I guess this money will disappear soon too.

BlueWaveNeverEnd

(15,161 posts)

7. buying influence

Reply to Eugene (Original post)

Fri May 22, 2026, 09:05 PM

May 22

IcyPeas

(25,889 posts)

8. Library with a hotel you mean...

Reply to Eugene (Original post)

Fri May 22, 2026, 09:38 PM

May 22

.... The next day Trump told reporters, “I don’t believe in building libraries or museums” and that the building was “most likely going to be a hotel with a beautiful building underneath and a 747 Air Force One in the lobby.”
....
The decision to make Trump’s presidential library a hotel raises several questions, including about how it could legally operate as a nonprofit.

Every president’s library thus far has had an associated nonprofit, which funds the development and then assists with events and fundraising after the building is transferred to the federal government to be operated by the National Archives. All presidential library foundations are subject to the Internal Revenue Code which prohibits the foundation from being used to benefit “any person having a personal and private interest in the organizations’ activities.”

https://www.citizensforethics.org/reports-investigations/crew-investigations/the-trump-organization-is-developing-trumps-presidential-library-maybe-as-a-trump-hotel/

Princess Turandot

(4,934 posts)

9. The current rendering..

Reply to Eugene (Original post)

Fri May 22, 2026, 09:40 PM

May 22

it's so grotesque, it's hilarious. Considering the erosion that's already occurring under buildings along the Florida coast, it's a curious location. But the state is providing the land, so...