Donald Trump Jr. is one of the co-founders of a new private membership club in Washington, D.C., that requires a $500,000 membership fee to join.
The club, Executive Branch, held a launch party on Saturday night. It already has a waiting list despite the hefty membership fee, and additional annual dues.
At the weekend's party, described as an afterparty for White House Correspondents Dinner, it had members of United States President Donald Trump’s administration, CEOs and tech founders in attendance.
Trump Jr. is just one of the Executive Branch co-founders, alongside Omeed Malik and Christopher Buskirk of 1789 Capital, an investment firm that made Trump Jr. a partner last year, and Alex and Zach Witkoff, sons of billionaire real estate developer, and long time friend of Trump Sr., Steve Witkoff.
CNBC reports that White House crypto czar David Sacks, crypto investors Tyler and Cameron Winklevoss and tech investor Chamath Palihapitiya are all founding members who beat out the waiting list.
The Executive Branch will officially open in Georgetown in the next couple of months, making it one of the most expensive membership clubs in the nation.
