Which billionaires are supporting Trump – or Harris – for president?
U.S. billionaires are playing a larger role than ever in the 2024 presidential election. Among them: Elon Musk, CEO of Tesla and SpaceX, has accounted for more than a third of the donations to former President Donald Trump and other Republican candidates.
While Musk has voiced his support for Trump in high-profile venues, including an appearance at a rally in Pennsylvania on Oct. 5, other billionaires are quietly donating to Vice President Kamala Harris's campaign.
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Between January 2023 and Oct. 30 of this year, the Harris campaign raised a total of $998 million, reported Forbes. That includes cash raised during the Biden campaign. In the same time period, the Trump campaign raised $392 million, according to Federal Election Commission filings.
Three centibillionaires are backing candidates...
At least 83 billionaires – two of them centibillionaires with a net worth of more than $100 billion each – are supporting Harris, while 52 billionaires, one a centibillionaire, back Trump.
Of the three centibillionaires, Musk supports Trump. Bill Gates of Microsoft and businessman and former New York Mayor Michael Bloomberg back Kamala Harris.
Centibillionaires and their estimated wealth:
Musk has donated an estimated $132 million to Trump and other Republicans in the 2024 election, according to Fortune.
Gates has donated $50 million to Future Forward USA Action, a nonprofit organization that supports Harris, the New York Times reported. Bloomberg has donated about $100 million to Future Forward, Forbes said.
... but Harris leads in support from other billionaires
Billionaires are favoring Harris over Trump by a wide margin, according to an ongoing analysis by Forbes.
Who are the billionaires supporting the candidates?
Support includes endorsements and/or financial contributions.
Harris supporters include film director Steven Spielberg; Eric Schmidt of Google; Laurene Powell Jobs, widow of Apple founder Steve Jobs; and Melinda French Gates, former wife of Bill Gates, Forbes says.
Trump backers include Steve Wynn of Wynn Resorts; Miriam Adelson of the Las Vegas Sands Corp.; and Ray Davis, co-owner and co-chairman of the Texas Rangers, Forbes says.
SOURCE USA TODAY Network reporting and research; Forbes; Bloomberg; Fortune; euronews.com