Donald Trump Jr.'s New Private Social Club Counts Winklevoss Twins, Crypto Czar David Sacks As Founding Members

• Donald Trump Jr.'s new private social club held a launch party Saturday
• Several big names were in attendance, including founding members Cameron and Tyler Winklevoss, Secretary of State Marco Rubio, and Attorney General Pam Bondi
• Executive Branch, which is set to open in Washington D.C. next year, will be the second most expensive private club in the country, with membership fees of $500,000

Donald Trump Jr.'s new members-only social club, called Executive Branch, held a launch party on Saturday, CNBC reports. In attendance were several founding members, including Cameron Winklevoss and Tyler Winklevoss, founders of cryptocurrency exchange Gemini, and newly appointed crypto czar David Sacks.

Executive Branch was founded by Donald Trump Jr. alongside Alex and Zach Witkoff, the sons of billionaire investor and U.S. Special Envoy to the Middle East Steve Witkoff, and Omeed Malik and Christopher Buskirk of 1789 Capital. Donald Trump Jr. was named a partner of the investment firm in 2024.

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Sources told CNBC that the club will open at a location in the Georgetown neighborhood of Washington D.C., sometime next year. Invited members will be required to pay a $500,000 membership fee, as well as annual dues, which have not been disclosed.

The club is the latest in a string of private membership clubs that have opened across the country in the past five years. Similar spaces offer exclusive restaurants and bars, meeting rooms, gyms, and spas. 

Executive Branch will be the second most expensive club in the country, according to CNBC, falling just behind President Donald Trump's Mar-a-Lago Resort. Membership fees at the Florida club were raised to $1 million last summer.

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Insiders told CNBC that Executive Branch will have a select and smaller membership than its competitors. "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." 

On top of paying the hefty fees, prospective members will have to be heavily vetted and approved by the founders, CNBC reports. Membership will only be offered following a referral and close screening process.

Those with knowledge of the club told CNBC that they expect it will play a similar role during this administration that the Trump International Hotel played during the last Trump administration, becoming a social hub for administration officials, Republican congressional leaders, foreign dignitaries, lobbyists, and business leaders.

Several government officials and members of the cabinet attended the launch party, including Secretary of State Marco Rubio, Securities and Exchange Commission Chair Paul Atkins, Attorney General Pam Bondi, Federal Trade Commission Chair Andrew Ferguson, Federal Communications Commission Chair Brendan Carr, Director of National Intelligence Tulsi Gabbard, FBI Deputy Director Dan Bongino and Mehmet Oz, administrator of the Centers for Medicare and Medicaid Services, were all in attendance CNBC reported. Several tech founders and CEOs were also on hand for the festivities, the report added.

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