Apple CEO Tim Cook will personally contribute $1 million to the Trump inauguration fund.

Prior to the swearing-in event on January 20, Apple CEO Tim Cook will personally contribute $1 million to the inauguration fund of US President-elect Donald Trump.

Axios reported, citing sources, that Tim Cook, the CEO of Apple, is personally contributing $1 million to the inauguration fund of US President-elect Donald Trump. This occurs prior to the January 20 swearing-in of the wealthy Republican leader.

Cook, who is from Alabama, "thinks the inauguration is a great American tradition, and is donating to the inauguration in the spirit of unity," according to sources who spoke to the publication. It further stated that Apple is not anticipated to contribute any funds and that this donation is being made in a personal capacity.

It further stated that Cook is not alone in this choice, as last week a number of well-known figures and CEOs promised or contributed to the Trump inauguration. He is the most recent in a string of well-known tech executives who have sought to improve their connection with the new president after having tense relations with Trump during his first term, including Sam Altman of OpenAI, Mark Zuckerberg of Meta, and Jeff Bezos of Amazon.

According to sources, Amazon and Meta Platforms both gave $1 million to Trump's inauguration fund, and Bank of America also planned to contribute, though it is unclear how much they will contribute.

Cook and Trump's meal in Mar-a-lago
According to a person who spoke to the AP, Trump invited Cook to join him for dinner at his Mar-a-Lago club in Florida on December 13. Following Trump's victory in the 2024 US Elections, business leaders were speculating that the move was an attempt to build a good relationship with him.

Trump, who will take office on January 20, said in October that Cook had called him to express concerns about the EU's financial sanctions against Apple. Apple lost its last appeal in a dispute with the EU over past taxes owing to Ireland totaling 13 billion euros ($14.34 billion), according to an AP report.

Day of Inauguration
Trump and Vice President-elect JD Vance are getting ready for their swearing-in ceremony as Inauguration Day draws near.

The event is scheduled to take place on the west front of the US Capitol building in Washington, D.C. Trump is only the second US president in history to be elected to nonconsecutive terms, making him the 47th president of the country. The team of the president-elect is preparing to welcome a number of foreign leaders to the Capitol in January.