In the race for the White House, some of the nation’s wealthiest individuals are backing Donald Trump’s bid for a return to power. His 26 biggest billionaire supporters, with a combined net worth of $143 billion, have already contributed a total of $162 million to pro-Trump PACs and committees. Despite Trump’s rhetoric about being a champion for the working class and American industry, many of his top billionaire donors come from industries like casinos, finance, and oil and gas.
Among Trump’s top billionaire backers are self-made entrepreneurs like Diane Hendricks, whose company ABC Supply generates American jobs and revenue. Others, like Miriam Adelson, the widow of casino magnate Sheldon Adelson, have also put significant funds behind Trump’s campaign. Adelson in particular has pledged to spend over $90 million in support of Trump, despite some reported disagreements with the former president over his bombastic behavior and communication style.
As the election season heats up, more billionaires are joining the ranks of Trump’s donors. Notable additions to the list of top backers include Linda McMahon, the former head of the Small Business Administration, and Jeff Sprecher, the founder of Intercontinental Exchange. These donors, along with others like Phil Ruffin and Jimmy John Liautaud, have all made sizeable contributions to Trump’s campaign efforts, signaling their continued support for the former president.
While some of Trump’s donors come from traditional industries like oil and finance, there are also newcomers to the political donation game, such as the crypto enthusiasts Cameron and Tyler Winklevoss. These twins, known for their legal battles with Mark Zuckerberg over Facebook, have given $1.3 million each to pro-Trump groups, aligning themselves with the former president’s policies and agenda.
Overall, Trump’s billionaire backers represent a diverse group of industries and backgrounds, united in their support for his campaign. Their contributions play a significant role in funding the former president’s bid for the White House, and their continued support highlights the influence of wealth and power in American politics. As the election season progresses, it remains to be seen how these donations will impact the outcome of the race and the future of the country.
