Donald Trump Jr. has co-founded an exclusive new private club in Washington, D.C., that’s quickly becoming a hotspot for the ultra-wealthy and politically connected. Called Executive Branch, the invite-only club has a steep $500,000 entry fee — and that doesn’t include the yet-to-be-disclosed annual dues, according to The New York Times.
Banking of Trump Name
Set to open in the posh Georgetown neighborhood in June, Executive Branch already has a waitlist. It was launched by Trump Jr. in partnership with megadonor and banker Omeed Malik, investor Chris Buskirk, and real estate heirs Alex and Zach Witkoff, whose father, billionaire developer Steve Witkoff, is a longtime Trump ally and now his Middle East envoy.
The club made its unofficial debut with a glitzy launch party recently, atracting a high-powered crowd that included Secretary of State Marco Rubio, Attorney General Pam Bondi, Director of National Intelligence Tulsi Gabbard, and tech heavyweights like Chamath Palihapitiya and the Winklevoss twins.
Executive Branch aims to cater to the “younger, hipper, Trump-aligned Republican,” as David Sacks, Trump’s crypto and AI adviser, put it, according to Politico. On his “All-In” podcast, Sacks said the club is meant to be a modern alternative to what he called D.C.’s “old and stuffy” Republican establishments.
The club’s pricing puts it well above competitors like the Aman Club in New York, which charges $200,000, or D.C.’s Ned’s Club, where top-tier memberships run $125,000. While the $500,000 fee applies to founding members, there may be lower-tier options down the line — but, as of now, the waitlist is closed.
Donald John Trump Jr., the eldest child of Trump and his first wife Ivana, Trump serves as a trustee and executive vice president of the Trump Organization, running the company alongside his younger brother Eric. Trump Jr. has an estimated net worth of about $50 million, according to Forbes.
All in the Family
Trump Jr. isn’t the only Trump to be banking money since his father was re-elected to the White House. His step-mother isn’t doing too bad herself. In January it was announced, that Melania Trump would be collaborating with Amazon for a documentary on her life and the deal is worth $40 million.
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