Amazon.com is planning a $1 million donation to President-elect Donald Trump’s inaugural fund, as founder Jeff Bezos and other tech leaders shore up ties with the incoming administration.
The donation is being prepared as Bezos, Amazon’s AMZN -0.36%decrease; red down pointing triangle executive chairman, is slated to visit Trump next week at his Mar-a-Lago club in Palm Beach, Fla., according to people familiar with the matter.
Tech companies have been the target of intense criticism by Trump and his allies, and other tech leaders have hastened to smooth ties with him. Mark Zuckerberg directed Meta Platforms to also make a $1 million contribution to Trump’s inaugural fund, The Wall Street Journal reported Wednesday.
Bezos and the company decided on the contribution earlier this week, and communicated it to Trump’s team, according to some of the people. “Bezos is donating through Amazon,” according to a person close to Bezos. Amazon also will stream the inauguration through its Prime Video business, a separate, in-kind donation valued at $1 million, another of the people said….