Exclusive Membership Club in Washington D.C. Charges $500K Fees
A new private membership club, named Executive Branch, has recently been launched in Washington, D.C., co-founded by Donald Trump Jr. Membership comes with a hefty price tag of $500,000, and there’s already a waiting list for prospective members. This elite club aims to attract influential figures from various sectors.
The launch event, held over the weekend, attracted notable attendees, including several members of former President Donald Trump’s administration, affluent CEOs, tech innovators, and political strategists. Sources close to the club, who asked to remain anonymous, indicated the presence of high-profile individuals at the event.
Founding and Membership Highlights
Executive Branch has been established by Donald Trump Jr., alongside Omeed Malik and Christopher Buskirk of 1789 Capital, where Trump Jr. became a partner last year. Other founding members include Alex and Zach Witkoff, sons of billionaire real estate mogul Steve Witkoff, a longstanding associate of the former president and current Middle East envoy.
Among the notable founding members are David Sacks, the White House’s crypto czar, as well as crypto investors Tyler and Cameron Winklevoss. Tech entrepreneur Chamath Palihapitiya is also part of this exclusive circle.
Membership Costs and Amenities
In addition to the $500,000 initiation fee, Executive Branch will impose annual dues, which are yet to be announced. The club is set to open soon in the upscale Georgetown neighborhood of Washington, D.C., promising luxury amenities that may attract wealthy members.
Executive Branch stands out as one of the priciest membership clubs in the country, far exceeding the typical fees of $4,000 to $10,000 charged by similar establishments in cities like New York, Miami, and Los Angeles. Some exclusive clubs, like the Aman Club in New York, charge up to $200,000, but Executive Branch will surpass even that benchmark, catering to an affluent clientele.
A New Hub for Political and Social Networking
Insiders suggest that Executive Branch could serve as a central hub in Washington’s social and political landscape, similar to how the Trump International Hotel functioned during the first Trump administration. This hotel turned into a popular venue for Republican leaders, administration officials, foreign dignitaries, lobbyists, and business magnates.
While the Trump Hotel faced scrutiny over ethical concerns and was sold in 2022, Executive Branch hopes to create a refined environment for private discussions and networking.
The Launch Event and Notable Guests
The launch party featured a number of high-profile attendees, such as Secretary of State Marco Rubio, SEC Chairman Paul Atkins, and Attorney General Pam Bondi. Additional guests included FTC Chairman Andrew Ferguson and FCC Chairman Brendan Carr, alongside Tulsi Gabbard, the Director of National Intelligence, and Dan Bongino, the deputy FBI director.
Tech industry leaders were also present, including AppLovin CEO Adam Foroughi, illustrating the diverse yet elite nature of the club’s potential membership.
Membership Vetting Process
Becoming a member of Executive Branch requires a thorough vetting process, underscoring the club’s exclusivity. Founding members closely assess prospective candidates, ensuring they align with the club’s objectives. While some individuals have shown willingness to pay as much as $1 million for membership, a referral is necessary to gain access, along with a detailed screening.
According to sources familiar with the club, the emphasis is on maintaining a comfortable atmosphere where conversations can occur in strict privacy. The founders are keen to keep out media personnel and an excessive number of lobbyists, spotlighting their desire for a focused, intimate community.
Conclusion
In summary, Executive Branch positions itself as a premium membership club in Washington, D.C., aiming to cater to high-profile individuals seeking networking opportunities in a luxurious yet private setting. By charging an unprecedented membership fee and implementing strict vetting processes, it sets a new standard for exclusive clubs in the United States.
