A new exclusive private membership club called “Executive Branch” has launched

A new exclusive private membership club called “Executive Branch” has launched in Washington D.C., co-founded by Donald Trump Jr. and partners from 1789 Capital.

The club, which charges a $500,000 membership fee, is the second most expensive private club in the country after Mar-a-Lago and already has a waiting list. Some prospective members are offering up to $1 million to join, according to CNBC.

The club, which is located in Georgetown, is set to open next month.

Private club’s executive branch co-owned by Donald Trump Jr.

The club is co-owned by Donald Trump Jr., Omeed Malik, and Christopher Buskirk, his business partners at 1789 Capital. The ownership group also includes Alex and Zach Witkoff, sons of billionaire real estate developer Steve Witkoff.

The club’s founding membership includes several prominent figures from the cryptocurrency and technology sectors. White House crypto czar David Sacks has secured founding member status, alongside crypto investors Tyler and Cameron Winklevoss. Tech investor Chamath Palihapitiya is also among the initial members.

According to CNBC’s Robert Frank, prospective members must be “personally approved by the owners with a trusted referral.” This creates a highly selective admission process.

Despite the substantial $500,000 membership fee, the club reportedly already has a waiting list. Some prospective members are allegedly offering up to $1 million to join.

The exclusive nature of the club is further emphasized by comments from a person close to Executive Branch. In a CNBC interview, he said “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.”

Interestingly, the exclusive club launch comes amidst a rising trade war between the US and China. Experts even predict a US recession in 2025 if the trade war tariffs stay.

High-profile launch party features Trump administration officials

The Executive Branch club held its launch party on Saturday night. The party hosted a substantial number of high-ranking officials from the Trump administration.

According to CNBC and attendee reports, the event featured Secretary of State Marco Rubio, SEC Chairman Paul Atkins, Attorney General Pam Bondi, and FTC Chairman Andrew Ferguson.

FCC chairman Brendan Carr, Tulsi Gabbard, the director of national intelligence, Dan Bongino, the deputy director of the FBI, and Mehmet Oz, the administrator of the Centers for Medicare and Medicaid Services, were among the other attendees.

The event brought in technology influencers, such as AppLovin CEO Adam Foroughi. The club also stands as a potential substitute for the function executed by the Trump International Hotel in Washington D.C. during the first Trump presidency.

The announcement comes at a time when Trump has announced a launch with his meme coin holders. His TRUMP meme coin has surged over 50% in the last seven days. CoinGape has also released a price prediction for TRUMP coin which suggests 45% bullish chances.