Trump-aligned Club For The Ultra Rich Launches In Washington

A new club is coming to Washington — and you probably can’t get in.

Donald Trump Jr., megadonor Omeed Malik and several other investors are launching an invite-only club that costs more than half a million to join with an exclusive post-White House Correspondents’ Dinner gathering, according to an invite obtained by POLITICO and two people with knowledge of the venture, granted anonymity to discuss the private organization.

The “Executive Branch” is the brainchild of Malik and the president’s eldest son, and their partners at conservative fund 1789 Capital. It will be located in Georgetown.

Their goal, the people familiar with the plans say, is to create the highest-end private club that Washington has ever had, and cater to the business and tech moguls who are looking to nurture their relationships with the Trump administration.

The referral requirements and prohibitive pricing is meant to ensure the C-suite crowd can mingle with Trump advisers and cabinet members without the prying eyes of the press and wanna-be insiders. The price tag won’t be a problem for Trump’s cabinet — given it’s by far the wealthiest in history.

The club already has a waitlist.

Spokespeople for Trump Jr., Malik and other investors declined to comment. Some parts of the group’s plans this weekend were first reported by Puck and Semafor.

The official announcement will come Saturday night at a party at the Willard hosted by Malik, David Sacks and Trump Jr.

It’s no coincidence the opening salvo is coinciding with the White House Correspondents’ Dinner. In years past, administration officials would rub shoulders and break bread with journalists. But that won’t be the case this year.

President Donald Trump was already planning on skipping the event before Pope Francis’ death took him to Rome, and many of his aides and allies are staying away from the journalism celebration.

Instead the two camps will stay with their own kind.

The Executive Branch party is expected to be the gathering place for the Trump administration and its allies. It’s one of the only events of the weekend White House press secretary Karoline Leavitt will be attending, according to the people familiar.

The owners of the club are Malik, a Trump donor and 1789 Capital founder; his business partner Chris Buskirk; Trump Jr.; and Zach and Alex Witkoff, the sons of Trump envoy Steve Witkoff.

Founding members include Sacks, the Winklevoss brothers and Chamath Palihapitiya.