Meet the billionaires backing Trump and Harris in 2024

Taylor Swift’s announcement that she shall be voting for Vice President Kamala Harris marked one other billionaire backing for the Democratic nominee, who at present trails former President Donald Trump in endorsements from the mega-rich. At the moment, Harris has the assist of virtually a dozen billionaires, together with acquainted names reminiscent of hedge fund supervisor and philanthropist George Soros and investor and tv persona Mark Cuban. 

In the meantime, Trump’s Republican ticket has garnered the assist of almost 20 billionaires forward of November. Tesla proprietor Elon Musk will not be solely backing Trump for president, however he says he’s additionally able to serve in Trump’s cupboard. The outspoken X proprietor can be planning a brand new authorities job pressure, which Trump has mentioned Musk will lead. 

Whereas some have merely shared their statements on social media, others have hosted marketing campaign occasions or let their large donations communicate for themselves. 

Fortune compiled an inventory of all of the billionaire endorsements to date within the 2024 election cycle:

Billionaires who’ve backed Kamala Harris

George Soros – Founder, Soros Fund Administration
Soros, recognized for throwing hundreds of thousands at philanthropic and political causes, instantly supported Harris after President Joe Biden dropped out of the race. His son and inheritor, Alex Soros, posted about their assist in July. 

It’s time for us all to unite round Kamala Harris and beat Donald Trump. She is one of the best and most certified candidate we’ve got. Lengthy reside the American Dream! 🇺🇸 🗽 #Harris2024 pic.twitter.com/KG09YnWHZK

— Alex Soros (@AlexanderSoros) July 21, 2024

“It’s time for us all to unite around Kamala Harris and beat Donald Trump,” the publish learn. “She is the best and most qualified candidate we have. Long live the American Dream!”

In keeping with Bloomberg, Soros’ Democracy PAC has given $10 million to Future Ahead PAC and $5.6 million to American Bridge this election cycle.

Jonathan Grey – President, Blackstone
He could have been thought of for Trump’s Treasury Secretary in 2016, however Grey is a significant Democratic donor. He supported Hillary Clinton in 2016, donated to a number of Democratic candidates in 2020 and hosted an occasion for Biden earlier than he dropped out this yr.

Regardless of being often called a Swiftie, Grey introduced his assist sooner than Swift, reportedly donating to the Harris marketing campaign shortly after she grew to become the presumptive nominee.

Marc Lasry – Co-founder, Avenue Capital Group
Earlier this yr an individual acquainted confirmed to Bloomberg that Lasry can be supporting Harris. Lasry reportedly hosted an occasion for Harris at his New York house in the course of the 2020 presidential election cycle and as of July was contemplating holding one other for 2024.

Mark Cuban – Entrepreneur; Former Principal Proprietor, Dallas Mavericks
Entrepreneur and Shark Tank star Mark Cuban has been very open about his assist of Harris on social media, even debating billionaire Trump supporter Elon Musk on-line. 

On the @tim_walz selection, I believe individuals who don’t prefer it are lacking the lesson of the change to Harris.

She went from worst to first as individuals acquired to know her.

It’s not a attain to assume the identical factor will occur with Walz.

Individuals are bored with the ideologues and hate…

— Mark Cuban (@mcuban) August 6, 2024

Cuban’s public assist has been so sturdy, some even speculated earlier this summer time that Harris may decide Cuban for vp. He later praised Harris for choosing Minnesota Gov. Tim Walz as her working mate.

Melinda French Gates – Co-founder, Invoice & Melinda Gates Basis
Gates is understood for her philanthropy in addition to her assist of Democratic causes, and was fast to assist Harris’s bid for president.

“I feel like Kamala, I was happy to endorse,” French Gates instructed Stephen Colbert on The Late Present in July. “I’ve worked with her before, she knows what we need in society and she’s using her voice against those issues already on the campaign trail, and I knew she would.”

Reed Hastings – Co-founder and former CEO, Netflix
The billionaire shortly minimize a $7 million examine to an excellent PAC supporting the Harris marketing campaign this yr, enthusiastically backing the Democratic nominee after calling for Biden to drop out. 

Hastings mentioned earlier in the summertime that the U.S. wanted “a vigorous Democratic leader to beat Trump and keep us safe and prosperous” and Biden ought to “step aside.”

Reid Hoffman – Co-founder, LinkedIn; Enterprise Capitalist
Tech billionaire Reid Hoffman signed onto a letter with fellow enterprise capitalists, together with Cuban, declaring their assist for Harris’ White Home bid.

That letter known as Harris’ election, “the best way to support the continued strength, security and reliability of our democracy and economy.”

Ron Conway – Founder, SV Angel
Conway, a Silicon Valley  “super angel” and philanthropist, signed the identical VCs for Kamala letter as Hoffman and Cuban. 

The tech neighborhood should come collectively to defeat Donald Trump and save our democracy by uniting behind Vice President @KamalaHarris because the Democratic nominee for President. I’ve recognized Kamala for many years, and she or he’s been a fighter, a frontrunner, and an advocate for the tech ecosystem…

— Ron Conway (@RonConway) July 22, 2024

He wrote on X that the tech trade should come collectively to, “defeat Donald Trump and save our democracy.” He additionally wrote: “I have known Kamala for decades, and she’s been a fighter, a leader, and an advocate for the tech ecosystem.”

Sheryl Sandberg – Former COO, Fb (Meta)
Sandberg has repeatedly spoken out in assist of Harris following her entry to the race. In an Instagram publish, Sanberg mentioned she was “thrilled” to again Harris. 

“She will defend women’s rights — and all Americans’ rights — from the Oval Office with a determined, compassionate focus,” Sandberg mentioned.

Vinod Khosla – Founder, Khosla Ventures; Co-founder, Solar Microsystems
Khosla, a Silicon Valley billionaire, spent over $3 million in 2020 campaigning in opposition to Trump and is supporting the Democratic nominee once more this yr.

Khosla joined the checklist of over 850 enterprise capitalists supporting Harris, the identical checklist signed by Cuban, Hoffman, and Conway. 

Taylor Swift – Award-winning singer/songwriter 
Swift endorsed Harris after the controversy, calling out the usage of AI earlier within the election cycle to share a faux video of Swift supporting Trump. 

“Recently I was made aware that AI of ‘me’ falsely endorsing Donald Trump’s presidential run was posted to his site. It really conjured up my fears around AI, and the dangers of spreading misinformation,” Swift wrote in an Instagram publish saying her vote. “It introduced me to the conclusion that I should be very clear about my precise plans for this election as a voter.

Billionaires who’ve backed Donald Trump

Invoice Ackman – CEO and Founder, Pershing Sq. Capital
Billionaire hedge fund supervisor Ackman introduced on X that he can be endorsing Trump for president in 2024, writing he hasn’t “lost it” however made the choice “rationally.”

I’m going to formally endorse @realDonaldTrump. I got here to this determination a while in the past as many @X followers have already understood from my supportive posts of Trump and my criticisms of @POTUS Biden.

The explanation why I’ve not but formally finished so is that I need to clarify my…

— Invoice Ackman (@BillAckman) July 14, 2024

“I assure you that I have made this decision carefully, rationally, and by relying on as much empirical data as possible,” he mentioned on the time. 

Douglas Leone – Former Managing Associate, Sequoia Capital
Leone cited immigration and the rising deficit as key causes he can be supporting Trump this fall.

I’ve develop into more and more involved in regards to the normal route of our nation, the state of our damaged immigration system, the ballooning deficit, and the international coverage missteps, amongst different points. Subsequently, I’m supporting former President Trump on this coming election.

— doug leone (@dougleone) June 3, 2024

In a tweet from June, Leone mentioned he’d grown “increasingly concerned” about these points and can be casting his poll for the previous president. He beforehand donated to Trump’s 2020 marketing campaign however distanced himself after the Jan. 6, 2021 assault on the U.S. Capitol.

Elon Musk – CEO, Tesla and X (previously Twitter)
Musk formally endorsed Trump in July after an tried assassination on the previous president, sharing his assist on X.

“I fully endorse President Trump and hope for his rapid recovery,” Musk posted on the time, including later the identical day: “Last time America had a candidate this tough was Theodore Roosevelt.”

He has remained an outspoken supporter of Trump’s marketing campaign, along with his America PAC just lately launching a sequence of adverts in September warning that “Kamala and the crazies,” will win if you happen to don’t get out to vote.

Geoffrey Palmer – Actual Property Magnate
Actual property billionaire Geoffrey Palmer has reportedly donated greater than $3 million to PACs affiliated with the Trump marketing campaign this yr. He’s been main Republican monetary supporter for years. 

The Beverly Hills resident supported Trump in 2016, threw $500,000 at Mitt Romney’s 2012 marketing campaign and has donated to a number of Republican campaigns and committees.

Harold Hamm – Founder, Continental Sources
The billionaire Oklahoma oil tycoon has lengthy introduced in hundreds of thousands for Trump’s campaigns in addition to previous GOP candidates. Hamm was even an power adviser to Romney forward of 2012. 

This election cycle, Hamm has donated once more to Trump and appeared at his occasions, serving to to rally the oil trade behind the marketing campaign. 

Isaac Perlmutter – Former Chairman and CEO, Marvel Leisure
It’s no shock that Perlmutter, who suggested Trump’s administration, mentioned he’d be shelling out cash for the previous president’s 2024 marketing campaign this yr. In keeping with OpenSecrets, he’s donated $10 million towards the election cycle. 

The billionaire, well-known for reviving Marvel comics and promoting it to Disney, additionally donated to Trump in 2020. 

J. Joe Ricketts – Chairman, TD Ameritrade
In keeping with Enterprise Insider, Ricketts and his spouse gave greater than $20 million to GOP causes in 2020, and are once more supporting the social gathering in 2024.

In truth, Ricketts’ son is in politics himself. Former Nebraska Gov. Pete Ricketts was appointed to the U.S. Senate after former Sen. Ben Sasse opted to retire and is predicted to be elected to end the time period.

John Catsimatidis – Proprietor, Crimson Apple Group
Catsimatidis, the top of the actual property group Crimson Apple and a radio discuss present host, has a protracted historical past with Trump and has backed him financially previously. 

In an look on NPR earlier this yr, Catsimatidis argued that Trump is the higher candidate for companies within the U.S. and defended his legacy. He’s been energetic this election cycle rallying CEOs to assist Trump’s marketing campaign. 

John Paulson – Hedge Fund Supervisor
Paulson has been an outspoken Trump supporter main as much as the 2024 election, and is a GOP megadonor. He’s been particularly important of Harris’ capital positive aspects tax and different financial proposals.

“If they do implement a 25 percent tax on unrealized gains, that would cause mass selling of almost everything — stocks, bonds, homes, art. I think it would cause a crash in the markets and a pretty quick recession,” Paulson predicted just lately. 

Kelcy Warren – Founder, Power Switch
In keeping with Politico, the pipeline mogul has donated $5 million this election cycle to elect former President Trump. He joined various oil trade billionaires who’ve come out in pressure to assist Trump’s marketing campaign, falling into Trump’s high 10 donors, in line with OpenSecrets.

Linda McMahon – Co-founder, World Wrestling Leisure (WWE)
McMahon has praised Trump as a “job creator” and appeared on the Republican Nationwide Conference (RNC) this summer time to endorse and assist Trump’s bid for the White Home. 

Previously Trump’s Small Enterprise Administration chief, McMahon donated in 2016 to his first marketing campaign. She has a relationship with Trump going again to 2007, when he appeared on WWE’s flagship occasion WrestleMania.  

Liz Uihlein – Co-founder, Uline
After initially supporting Florida Gov. Ron DeSantis, the Uihlein household reportedly mentioned they might be donating to Trump’s election bid in March. The megadonors are recognized for supporting campaigns and causes aligned with conservative values, and backed Trump within the two earlier elections, earlier than initially turning to DeSantis for 2024.

Uline Inc. is the quantity two donor to Trump’s marketing campaign, reportedly shelling out greater than $10 million towards his reelection. 

Miriam Adelson – On line casino Billionaire and Republican Megadonor
Predictably, Miriam Adelson, who beforehand shelled out $500,000 for Trump’s authorized charges, is supporting the previous president once more in 2024. 

The Adelson Clinic for Drug Abuse Remedy & Analysis has reportedly donated $5 million to the Trump marketing campaign this election cycle. She is a longtime Trump ally and was awarded the presidential medal of freedom in 2018.

Phil Ruffin – On line casino Magnate
Ruffin has been described as considered one of Trump’s “closest friends” and is a co-owner of the Trump Worldwide Las Vegas lodge.

Ruffin donated to Trump’s 2016 and 2020 presidential campaigns in addition to his 2024 bid, reportedly giving greater than $800,000 this yr.  

Stephen Schwarzman – CEO, Blackstone
Schwarzman, who supported Trump within the 2016 election and have become a trusted adviser in his workplace, is once more supporting Trump in 2024 regardless of hoping for recent blood from the GOP earlier within the cycle. 

He known as a vote for Trump a “vote for change” when saying in Might that he would vote for the Republican candidate this fall. 

Steve Wynn – Former On line casino Mogul
Wynn, a longtime Trump ally, supported the previous president in 2016 and 2020 and is once more voting for Trump in 2024. Wynn reportedly donated greater than $800,000 to be a co-chair at a Palm Seaside fundraiser hosted by Paulson earlier this yr.

The fundraiser, which was additionally attended by Hamm and Johnson, benefitted the Trump 47 Committee.

Timothy Dunn – Texas Oil Businessman
Texas billionaire Tim Dunn is one other oil trade tycoon who has thrown his assist behind Trump. In keeping with Politico, Dunn has spent greater than $30 million advancing conservative points in his dwelling state alone, and minimize a $5 million examine towards Trump’s election. 

Timothy Mellon – Republican Mega-donor
Mellon, inheritor to the Mellon Financial institution fortune, was a high 2020 donor to Trump and, unsurprisingly, he’s backing the GOP candidate once more this time round. 

In July, the “reclusive” megadonor donated $50 million to a pro-Trump tremendous PAC, in line with Politico. It’s onerous to seek out photographs of the billionaire, so we’ve opted for a photograph of his grandfather Andrew Mellon, a former U.S. Treasury Secretary. In keeping with a report by the BBC, Mellon usually donates to Republicans however has often contributed to Democrats, together with New York progressive Consultant Alexandria Ocasio-Cortez’s 2018 marketing campaign.

Woody Johnson – Inheritor, Johnson & Johnson; Co-owner, New York Jets
Johnson, who served as ambassador to the UK from 2017 to 2021 and is a longtime pal to Trump, threw his assist and funds behind the marketing campaign this yr. 

“Americans remember how good it was or how much better it was on the border, and inflation, and gas prices, and grocery prices, all that, during the Trump administration, and they want to get back there,” Johnson mentioned in a Fox Information look in early 2024. “So I think the most important thing is getting the former president back in the White House, which looks like it’s happening.”

This checklist shall be recurrently up to date with newly introduced billionaire assist. Verify again to see updates to this checklist main as much as the 2024 election.