Donald Trump Is Already Losing Donors For His 2024 Presidential Campaign—He Must Be Freaking Out!
November 21, 2022 by Maria Pierides
Donald Trump only launched his 2024 presidential campaign on Tuesday, November 15th, but it seems like he is already losing allies, as some of the billionaire megadonors who helped him win in 2016, who also contributed to his 2020 campaign, are taking their money elsewhere. Yikes!
Donald Trump Is Losing Donors For 2024 Presidential CampaignStephen Schwarzman, chairman, CEO and co-founder of private-equity giant Blackstone, is now the second high-level Trump donor to say that he will not be backing the 76-year-old twice-impeached former POTUS, telling Axios: “America does better when its leaders are rooted in today and tomorrow, not today and yesterday. It is time for the Republican Party to turn to a new generation of leaders and I intend to support one of them in the presidential primaries.” Interesting! Schwarzman, who contributed millions to Trump’s 2020 campaign, didn’t say who would be getting his money, so watch this space!
More people whose money Trump can’t depend on this time round include Ronald Lauder, billionaire heir to the Estée Lauder fortune, as well as Robert and Rebekah Mercer, the top donors to Trump’s 2016 campaign. Mike Pompeo, another potential 2024 hopeful, tweeted: “We were told we’d get tired of winning. But I’m tired of losing. And so are most Republicans.”
Citadel’s billionaire founder Ken Griffin is also among the donors who have jumped ship, telling Politico that he will be endorsing Florida Governor Ron DeSantis if he chooses to run. “I’d like to think that the Republican Party is ready to move on from somebody who has been for this party a three-time loser,” Griffin said at Bloomberg’s New Economy Forum in Singapore, in reference to the last three election cycles. “For a litany of reasons, I think it’s time to move on to the next generation,” Griffin explained. And in terms of DeSantis, Griffin said: “Is he going to run? That bridge has to be crossed.” We wonder who will get his backing if DeSantis *doesn’t* run!