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The $107-million cost of the event, which unlike a movie was not a for-profit enterprise, was $50 million higher than any previous inauguration.
Producers’ fees are typically 5 percent, and sometimes they are as high as 10 percent. “But to put it into perspective, imagine we had been making a $107 million movie. “For the record,” Winston Wolkoff writes, “my personal compensation for my work on the inauguration that I retained was $480,000. “Every budget was preapproved and authorized by Tom, Rick, Sara, and the PIC Finance Committee.”Īt the trial of Paul Manafort in August 2018, former Trump campaign aide Rick Gates would admit that it was “possible” he’d stolen money from the inauguration funds. Most of WIS’ budget, she writes, was transferred to Inaugural Productions for the concert and the balls. “I wasn’t a part of the approval process, and I didn’t have access to the financing, not even” for her firm, WIS Media Partners. “I wasn’t paid $26 million,” she writes in the book. Since February 2018, when the New York Times published a piece under the headline, “Trump’s Inaugural Committee Paid $26 Million to First Lady’s Friend” (it has since been updated), that friend has been on a quest to clear her name. With so much now in the public record, she was free to speak her truth. Since her stint in the East Wing, Winston Wolkoff has cooperated fully with three separate subpoenas. She was “muzzled with an NDA” - a nondisclosure agreement - she writes in the book, which made her the perfect scapegoat for the administration. For years, Winston Wolkoff couldn’t speak about allegations of wrongdoing by the inaugural committee - even as her name was dragged through the mud.
