Credited from: THEDAILYBEAST
Billionaire Mark Zuckerberg is set to showcase his allegiance to President-elect Donald Trump by hosting an extravagant inauguration ball on January 20. Alongside prominent figures like JD Vance and billionaire donors including Miriam Adelson and Todd Ricketts, Zuckerberg will roll out the red carpet for MAGA supporters during the festivities, reaffirming his shift in corporate policy towards greater alignment with Republican ideals.
At the inauguration, Zuckerberg will not be alone; fellow tech magnates Elon Musk and Jeff Bezos are also expected to take their places on the raised platform with Trump’s chosen officials. Their substantial donations, reportedly $1 million each towards Trump’s inauguration fund, have effectively guaranteed their presence at the event, signaling a robust alliance between the former president and Silicon Valley elites.
Amidst this backdrop of newfound loyalty, Trump has been vocal about his expectations for support from business leaders during a recent rant where he angrily prompted contributions to his fundraising efforts. "You guys made this amount of money last year, and you're gonna make so much more now because of me," he remarked, emphasizing his influence over their financial success while seeking to collect millions in donations for his presidency.
On the corporate side, Zuckerberg has announced a significant strategy shift at Meta, intending to cut around 5% of its workforce, effectively bringing in performance-based dismissals as a part of his push to align more closely with Trump's MAGA framework. This move aims to enhance operational efficiency and corporate performance through increased pressure on underperforming employees. Sources indicate that Meta's content moderation policies have also faced a rollback, further reflecting its new direction under Zuckerberg.
As these billionaires prepare for Trump's return to power, it remains evident that their financial and political strategies will play a crucial role in shaping the upcoming administration’s objectives. They not only anticipate a prosperous collaboration with Trump but also navigate the complexities of aligning their corporate brands with his controversial political persona. For further details, you can read the full articles on The Daily Beast.