Latest news with #AmanClub
Mint
30-04-2025
- Business
- Mint
Donald Trump Jr's new private club charges THIS much in fees; Deputy FBI director, SEC Chairman attends launch party
Donald Trump Jr. has launched an exclusive private membership club known as the Executive Branch, which charges enormous membership fees, reported the news portal CNBC earlier this week. According to the reports, people are already on the waiting list to join the private club. The private membership club was launched at a launch party on Saturday, April 26. Many special guests along with top federal executives also joined in for the celebrations, reported the news portal citing people aware of the development. According to the news portal's report, the Executive Branch currently charges $500,000 in membership fees from its new joiners. In addition to the enormous membership fees, the newly joined members will have to pay some 'annual dues' which will be disclosed at a later date, as per the report. Donald Trump Jr. co-founded the private club, Executive Branch, along with Omeed Malik and Christopher Buskirk of 1789 Capital, the investment firm that made Trump Jr. a partner last year. Other founders include Alex Witkoff and Zach Witkoff, the sons of billionaire real estate developer Steve Witkoff, according to the news report. According to the news portal's report, citing people who attended the party, deputy FBI director Dan Bongino, Secretary of State Marco Rubio, SEC Chairman Paul Atkins, Attorney General Pam Bondi, FTC Chairman Andrew Ferguson, FCC Chairman Brendan Carr, Director of National Intelligence Tulsi Gabbard, were among many others who attended the event. Several tech company founders and Chief Executive Officers (CEO), including Adam Foroughi of AppLovin, attended the event, as per the news portal's report. 'We don't want members of the media or just a lot of lobbyists joining,' a person close to the cloud told the news portal. 'We want people to feel comfortable having conversations in privacy,' they said. The private club Executive Branch is the latest membership club to open since the global COVID-19 pandemic. Like most other places, the club offers exclusive restaurants and bars, along with meeting spaces, gyms, and spas. According to the reports, membership fees typically range from roughly $4,000 to $10,000. Some exclusive clubs, like the Aman Club of New York, charge a membership as high as $200,000. However, the launch of Trump Jr's Executive Branch will charge more than double the rate of the Aman Club, and will be counted in one of the most expensive clubs in the United States. The Executive Branch will likely have a select and smaller membership, reported the news agency, citing people aware of the development. First Published: 30 Apr 2025, 11:39 PM IST
Business Mayor
29-04-2025
- Business
- Business Mayor
Donald Trump Jr. co-founds new private members club, Executive Branch, with a $500,000 fee
A new private membership club in Washington, D.C., co-founded by Donald Trump Jr., is charging a $500,000 membership fee — and there's already a waiting list. The club, called Executive Branch, held a launch party on Saturday night that included at least a half dozen members of President Donald Trump's administration as well as wealthy CEOs, tech founders and policy experts, according to people familiar with the club who declined to be named speaking about it publicly. Executive Branch was founded by Donald Trump Jr., along with Omeed Malik and Christopher Buskirk of 1789 Capital, the investment firm that made Trump Jr. a partner last year. Other founders include Alex Witkoff and Zach Witkoff, the sons of billionaire real estate developer Steve Witkoff, a longtime friend of the President's and the current Middle East envoy. Founding members include White House crypto czar David Sacks, crypto investors Tyler and Cameron Winklevoss and tech investor Chamath Palihapitiya, the people familiar told CNBC. In addition to the $500,000 membership fee, the club will charge annual dues, which have yet to be disclosed. Executive Branch will open sometime in the next month or so at a location in the Georgetown neighborhood of Washington, D.C., those people said. Executive Branch is the latest in a wave of private membership clubs that have opened since the Covid pandemic in cities like New York, Miami and Los Angeles. The clubs offer exclusive restaurants and bars, along with meeting spaces, gyms and spas and typically come with membership fees of roughly $4,000 to $10,000. Some, like the Aman Club in New York, for example, run as high as $200,000. Read More UK house prices will not stop falling until 2025, Lloyds predicts Executive Branch, at more than double the Aman Club's cost, will be far and away one of the most expensive membership clubs in the U.S. And unlike popular membership clubs in New York, like Zero Bond, Core Club, ZZ's or Casa Cipriani, Executive Branch will likely have a select and smaller membership, according to people familiar with the club. Washington insiders say Executive Branch could play a similar role in the Washington social-political circuit as the Trump International Hotel in Washington D.C. played during the first Trump administration. The Trump Hotel became a popular hangout for administration officials and Republican congressional leaders as well as foreign dignitaries, lobbyists and business leaders. The hotel, however, also became a magnet for ethics-related criticism, and the Trump Organization sold the hotel's lease in 2022. Saturday's launch party event for Executive Branch included Secretary of State Marco Rubio, SEC Chairman Paul Atkins, Attorney General Pam Bondi, FTC Chairman Andrew Ferguson, FCC Chairman Brendan Carr, Director of National Intelligence Tulsi Gabbard, deputy FBI director Dan Bongino and Mehmet Oz, administrator of the Centers for Medicare and Medicaid Services, according to people who attended. Also attending were several tech founders and CEOs, including AppLovin CEO Adam Foroughi, the people said. Prospective members of the club have to be heavily vetted and approved by its founders, according to people close to Executive Branch. Although some prospective members have offered to pay $1 million to join, membership requires a referral and close screening. 'We don't want members of the media or just a lot of lobbyists joining,' said one person close to the club. 'We want people to feel comfortable having conversations in privacy.' READ SOURCE
CNBC
28-04-2025
- Business
- CNBC
Donald Trump Jr. launches new private members club, Executive Branch, with a $500,000 fee
A new private membership club in Washington, D.C., co-founded by Donald Trump Jr., is charging a $500,000 membership fee — and there's already a waiting list. The club, called Executive Branch, held a launch party on Saturday night that included at least a half dozen members of President Donald Trump's administration as well as wealthy CEOs, tech founders and policy experts, according to people familiar with the club who declined to be named speaking about it publicly. Executive Branch was founded by Donald Trump Jr., along with Omeed Malik and Christopher Buskirk of 1789 Capital, the investment firm that made Trump Jr. a partner last year. Other founders include Alex Witkoff and Zach Witkoff, the sons of billionaire real estate developer Steve Witkoff, a longtime friend of the President's and the current Middle East envoy. Founding members include White House crypto czar David Sacks, crypto investors Tyler and Cameron Winklevoss and tech investor Chamath Palihapitiya, the people familiar told CNBC. In addition to the $500,000 membership fee, the club will charge annual dues, which have yet to be disclosed. Executive Branch will open sometime in the next month or so at a location in the Georgetown neighborhood of Washington, D.C., those people said. The Inside Wealth newsletter by Robert Frank is your weekly guide to high-net-worth investors and the industries that serve them. Subscribe here to get access today. Executive Branch is the latest in a wave of private membership clubs that have opened since the Covid pandemic in cities like New York, Miami and Los Angeles. The clubs offer exclusive restaurants and bars, along with meeting spaces, gyms and spas and typically come with membership fees of roughly $4,000 to $10,000. Some, like the Aman Club in New York, for example, run as high as $200,000. Executive Branch, at more than double the Aman Club's cost, will be far and away one of the most expensive membership clubs in the U.S. And unlike popular membership clubs in New York, like Zero Bond, Core Club, ZZ's or Casa Cipriani, Executive Branch will likely have a select and smaller membership, according to people familiar with the club. Washington insiders say Executive Branch could play a similar role in the Washington social-political circuit as the Trump International Hotel in Washington D.C. played during the first Trump administration. The Trump Hotel became a popular hangout for administration officials and Republican congressional leaders as well as foreign dignitaries, lobbyists and business leaders. The hotel, however, also became a magnet for ethics-related criticism, and the Trump Organization sold the hotel's lease in 2022. Saturday's launch party event for Executive Branch included Secretary of State Marco Rubio, SEC Chairman Paul Atkins, Attorney General Pam Bondi, FTC Chairman Andrew Ferguson, FCC Chairman Brendan Carr, Director of National Intelligence Tulsi Gabbard, deputy FBI director Dan Bongino and Mehmet Oz, administrator of the Centers for Medicare and Medicaid Services, according to people who attended. Also attending were several tech founders and CEOs, including AppLovin CEO Adam Foroughi, the people said. Prospective members of the club have to be heavily vetted and approved by its founders, according to people close to Executive Branch. Although some prospective members have offered to pay $1 million to join, membership requires a referral and close screening. "We don't want members of the media or just a lot of lobbyists joining," said one person close to the club. "We want people to feel comfortable having conversations in privacy."
Trade Arabia
16-02-2025
- Business
- Trade Arabia
Aman Nai Lert Bangkok is set to open in April
Aman Nai Lert Bangkok, a new urban sanctuary in the Thai capital, will open in April. The 52-suite hotel will be home to an exclusive Aman Club, dedicated spaces, a 1,500-square-meter Aman Spa & Wellness center, and multiple dining and socialising venues. With reservations now open for stays from 2 April, Aman Nai Lert Bangkok brings the brand full circle from its 1988 launch of flagship property Amanpuri in Phuket and provides a gateway to Aman's 24 hotels and resorts in Asia. The 36th property in the Aman collection, Aman Nai Lert Bangkok, epitomises every aspect of the brand's hospitality and revered DNA of peace, privacy, and unparallelled service. The hotel is designed by Jean-Michel Gathy of Denniston architects to integrate details of the century-old Nai Lert Park Heritage Home with contemporary elements. Custom-made products by local artisans and antiques honor the elegance and simplicity of Aman's emblematic design ethos. Speaking about the property Vlad Doronin, Chairman and CEO of Aman Group said, "Thailand has played a significant role in the history of our brand and the latest evolution, Aman Nai Lert Bangkok, will offer a unique connection to the rich heritage of the city. This is enhanced by our close collaboration with the Nai Lert family, in particular Naphaporn "Lek" Bodiratnangkura who's involvement and support has ensured the property reflects the legacy of its incredible location. Further, Aman Nai Lert Bangkok represents another milestone in our long-term vision to introduce the exceptional Aman experience to urban destinations as well as providing a strategic link to our properties across Asia." Aman Nai Lert Bangkok introduces Aman's trademark serenity to an area renowned for its energy. The hotel's contemporary urban sanctuary features a restaurant and gathering spaces across two distinct floors, including a light-filled central atrium and reception area, an 1872 lounge bar, signature Italian restaurant, Arva, poolside bar, The Pool, and an infinity swimming pool overlooking the green canopy of Nai Lert Park. On the 19th floor, exclusive to Aman Club Founders, there is an open-air terrace with skyline views, two restaurants, an atmospheric Aman Lounge, and Cigar Bar. Founders will also have access to the hotel's state-of-the-art wellness facilities. The 1,500-square-metre Aman Spa & Wellness will house both a medical clinic operated by Hertitude Clinic and an Aman Spa. The Medical Wellness by Hertitude Clinic will include eight private clinic rooms, one examination room, an IV Lounge, and cryotherapy chamber. On a separate floor, the Aman Spa will offer an extensive range of hydrotherapy facilities and movement spaces.
