Posted on 05/30/2024 7:21:15 AM PDT by lasereye
Billionaires are putting their influence and money behind Donald Trump, a wave of support that is helping the former President narrow his fundraising gap with President Joe Biden.
The latest example came last week with the news that Blackstone CEO Steve Schwarzman, after years of keeping his distance from Trump, is now a supporter.
A collection of familiar GOP names announced their support for Trump in recent months. They include figures like Robert Bigelow and Nelson Peltz.
Both have donated to Republicans for years. Both distanced themselves from Trump after Jan. 6. Both are now back on board.
Robert Bigelow, the billionaire owner of Budget Suites of America and founder of Bigelow Aerospace, previously backed DeSantis, but he since made plans to give over $20 million to Trump.
Harold Hamm of Continental Resources, has increased his alliance with Trump in recent months.
Some traditional GOP megadonors are still holding out, at least for now.
Billionaire hedge-fund investor Kenneth Griffin told attendees at the Qatar Economic Forum earlier this month that he wants to see who Trump picks as his running mate first.
Perhaps the most surprising source of potential billionaire support for Trump comes in traditionally deep blue Silicon Valley.
Multiple reports have chronicled ongoing efforts from venture capitalist David Sacks and Chamath Palihapitiya of Social Capital to organize a fundraiser on Mr. Trump's behalf.
Palihapitiya gave Biden more than $250,000 during the 2020 campaign, according to FEC data.
Other prominent figures like Marc Andreessen and Shaun Maguire have lambasted Biden on their social media feeds but, as of yet, have declined to get behind Trump.
Another closely-watched figure is Musk. The current third richest man in the world has unleashed an onslaught of anti-Biden commentary online this year and says he can't imagine voting for Biden this fall.
(Excerpt) Read more at finance.yahoo.com ...
A wealthy man I used to know, now passed on, would give equally to both parties, so that no matter who won an election he would get a seat at the table..............
Trump should have plenty of money headed into November.
Hopefully, it’s spent better than the money that was spent on the 2020 campaign.
He needs to match “nursing home” Joe’s airwave campaign dollar for dollar.
If this can be accomplished he’ll be the next President.
He needs to match “nursing home” Joe’s airwave campaign dollar for dollar.
The RNC won’t let him.
Leftards need person pain epiphanies if they are to wake up from their blind stupors to the DemoRats. Others follow the pied piper down the abyss.
Would love one or two patriotic billionaires buy up space on billboards around the country and post the following message: “Any vote for any Democrat anywhere anytime is a vote to destroy the American nation.”
The RNC won’t let him.
********
The RNC doesn’t have any money.
Trump’s money is in the Pacs that support him.
the Biden regime is working so amazingly hard to force the full outbreak of WW3 before election day
that even the “billionaires” are worried
The way corporate business works is that they support unlimited government spending on food stamps and welfare so that people can have money to buy the products. Ultimately the corporations don’t have to pay the cost of taxes to fund government spending. After the economy breaks down because nobody is funding the government, the people start parasiting corporation assets. This causes corporations to think of a different approach.
I guess the woke ones do. I don't think the others do.
Even the filthy rich will have a bad lives once WWIII begins.
Trump desperately needs to trust bust Silicon Valley.
GWB lost the last of his support in SV when he decided to bomb the world instead of addressing the .com crash.
Intel pleaded with him for help....nothing.
Trump might be winning some back.
Might...
Activist investor Nelson Peltz sells entire Disney stake after proxy battle loss
Looks like Disney fended off an attempt by Peltz and others to salvage what was once a reliably family-friendly brand. No, Disney wanna stay woke. Joke's on them; some of the freed-up money is going to Trump.
You have to be stupid to buy Disney stock. Their board seems stacked with people who have no qualifications and have no financial interest in how the company does. Peltz’s fund owned a big block of Disney shares and he couldn’t get a seat on the board. Apparently none of the other big shareholders, which are mutual funds, care how it does either.
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