![Wealth Management Magazine Wealth Management Magazine](https://eu-images.contentstack.com/v3/assets/bltabaa95ef14172c61/bltb2b97c8dc5044c5e/67239d7ce88bac59d13a489e/WMMagLogo.jpg?width=700&auto=webp&quality=80&disable=upscale)
Presidential PoshPresidential Posh
Ringing in at roughly $170 million, President Barack Obama's inauguration bash was the most expensive ever, according to The New York Times. The inaugural committee might have limited donations from individuals to $50,000, and Wall Street might be in the middle of a crisis, but that didn't stop hedge fund magnate George Soros, who provided a family donation totaling $250,000, or David E. Shaw, founder
February 1, 2009
Christina Mucciolo
Ringing in at roughly $170 million, President Barack Obama's inauguration bash was the most expensive ever, according to The New York Times. The inaugural committee might have limited donations from individuals to $50,000, and Wall Street might be in the middle of a crisis, but that didn't stop hedge fund magnate George Soros, who provided a family donation totaling $250,000, or David E. Shaw, founder of the hedge fund D.E. Shaw & Company, who contributed $100,000 with his wife.