Executive Branch: Exclusive Membership Club Launches in D.C.
A new, highly exclusive membership club, Executive Branch, has been established in Washington, D.C., boasting a staggering membership fee of $500,000. The club, co-founded by Donald Trump Jr., has already attracted a notable waiting list.
Launch Event and Founders
The launch party for Executive Branch took place recently, drawing significant attention from members of former President Trump’s administration, high-profile entrepreneurs, and prominent policy figures. Co-founders include:
- Omeed Malik and Christopher Buskirk of 1789 Capital
- Alex Witkoff and Zach Witkoff, sons of Steve Witkoff, a well-connected real estate mogul
- David Sacks, known for his role as the White House crypto czar
- Crypto investors Tyler and Cameron Winklevoss, and tech venture capitalist Chamath Palihapitiya
Membership Structure
In addition to the substantial initial fee, Executive Branch will mandate annual dues, which are yet to be announced. The club plans to open its doors in the coming month in the Georgetown area.
Competitive Landscape
As a part of a burgeoning trend of exclusive clubs surfacing post-pandemic in major cities like New York, Miami, and Los Angeles, Executive Branch sets itself apart with its hefty membership costs. While common membership fees for similar clubs range from $4,000 to $10,000, others such as the Aman Club in New York can reach up to $200,000. Nonetheless, Executive Branch’s fee eclipses these, positioning it among the most expensive in the United States.
Industry insiders suggest that Executive Branch could emerge as a pivotal social and political hub in Washington, akin to the role played by the Trump International Hotel during Trump’s presidency.
Launch Party Highlights
The club’s launch saw the attendance of several high-profile figures including:
- Secretary of State Marco Rubio
- SEC Chairman Paul Atkins
- Attorney General Pam Bondi
- FTC Chairman Andrew Ferguson
- FCC Chairman Brendan Carr
- Former Director of National Intelligence Tulsi Gabbard
- Deputy FBI Director Dan Bongino
- Mehmet Oz, the administrator of the Centers for Medicare and Medicaid Services
Selective Membership Vetting
Prospective members will undergo a comprehensive vetting process, which requires referrals from current members. Reports indicate that some individuals have even offered $1 million for a slot in the club. However, the founders aim to maintain a certain exclusivity, as one source mentioned, “We don’t want members of the media or just a lot of lobbyists joining. We want people to feel comfortable having conversations in privacy.”