Japanese megacorp SoftBank donates $50M to Trump's presidential library [View all]
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.
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Read more: https://www.politico.com/news/2026/05/22/softbank-trump-library-donation-00934285
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