They have names, billions. and a plan to kick the working class and poor people in the face.
No
matter who may be supporting them in public opinion polls, Donald
Trump and JD Vance are not the saviors of the middle class, the
working, class, or the poor. They are not the champions of Blacks, whites,
Latinos, men, women or any other demographic group. By Matt Wuerker
Their policy proposals won’t even benefit better off but not rich Americans. They are the candidates of casino, real estate, fossil fuel, and tech billionaires. Many are affiliated with Trump 47 or one of the other pro-Trump Super PACs.
I
am a union member and have been since I started working as a teenager in the
1960s and I support the Harris-Walz ticket. I think it is a moral transgression
in this election to vote for any down ballot Republican candidate that appears
on the same line as Trump and Vance. The Democrats must win the House and
Senate and local elections to stop the billionaire financed anti-democracy MAGA
movement.
Below,
in alphabetical order, is a list and description of some of the Trump-Vance
team’s key super-wealthy supporters. It is a billionaire’s club.
Hedge fund billionaire Bill Ackman is the chief executive and portfolio manager of Pershing Square Capital Management. Ackman demanded that Trump resign after the January 6 attack on the Capitol, but now endorses Trump. Ackman is a leading crusader against DEI policies and what he perceives of as a wave of antisemitism on college campuses. He played a leading role in forcing Harvard President Claudine Gray to resign, in getting New York City Mayor Eric Adams to use police to breakup protests at Columbia University against Israel’s action in Gaza and contributed to SuperPACs that defeated progressive candidates in Democratic Party primaries because they criticized Israel. Forbes estimates Ackman’s net worth at over $9 billion.
Casino
magnates Miriam Adelson and her deceased husband, Sheldon
Adelson, were Trump's biggest donors in
2020. They contributed $90 million to the pro-Trump SuperPAC Preserve America.
Adelson is the wealthiest Israeli citizen and one of the fifty wealthiest
people in the world. She pledged $100 million to Trump’s 2024 campaign in exchange for his
promise that if he is elected President the United States would
recognize Israeli sovereignty over the West Bank, torpedoing any possible of an
independent Palestinian state.
Marc
Lowell Andreessen is
a Silicon Valley tech businessman, former software engineer, member of the
Facebook Board of Directors, and worth $1.8 billion. In 2016 he endorsed
Hillary Clinton for President because of Trump’s anti-immigrant stance, but he
is now donating mega-bucks to SuperPACs supporting Trump, hoping to secure
policies that favor his investments.
Scott
Bessent is
founder of the global investment firm Key Square Group with an investment
portfolio of $8 billion. Previously Bessent was the Chief Investment Officer of
Soros Fund Management, a much more liberal company. At some point, Bessent
changed his stripes, and he is now a co-chair of Trump 47, a Republican Party
fundraising group in Palm Beach, Florida. Bessent is considered a possible
Secretary of the Treasury if Trump is elected.
Robert
Thomas Bigelow owns
Budget Suites of America and is founder of Bigelow Aerospace. He is a notorious
conspiracy theorists providing financial support for investigating UFOs and
paranormal phenomena including consciousness after death. Bigelow has
originally a DeSantis supporter but switched to Trump when DeSantis dropped out
of the race. Bigelow gave Trump a million dollars to help with his legal fees
and promised to give $20 million to pro-Trump Super PACs. Bigelow’s net worth
is $1.5 billion.
Robert
H. Book is
chairman of Book Capital Enterprises and Jet Support Services, and a Vice
Chairman of Axxes Capital. His net worth is only half a billion dollars so he
may not belong on this list. Book, a major philanthropist in support of Israel,
was critical of Trump in 2017 for not forcibly condemning neo-Nazis marching in
Charlottesville, Virginia. However, in 2020 he gave over a million dollars to
the Trump Victory Committee.
Timothy
Dunn is
the CEO of the fossil fuel company CrownQuest Operating. Dunn contributed to
the Trump 2020 campaign and in 2023 he gave $5 million towards the 2024
campaign. He's an active donor in rightwing Texas politics, giving
approxinately $10 million to the conservative Defend Texas Liberty PAC. He
co-founded a Christian school where he is on the board of trustees and teaches
Sunday school. Dunn opposes abortion, same-sex marriage. and adoptions by same
sex couples. He is worth an estimated 2.2 billion.
José
Fanjul is
a Cuban American a sugar magnate with investments in Domino Sugar and real
estate who gave over $800,000 to the Trump 47 Committee and hosted a Trump
fundraiser. Fanjul’s company received an estimated $65 million in federal
agricultural subsidies that he uses political influence to protect. The
family’s business interests are valued at over $8 billion.
Kenneth
Griffin is
a hedge fund manager who gave $10 million to the House Republican Super PAC and
$5 million to the Senate Republican Super PAC. Griffin initially backed Nikki
Haley for the 2024 Republican nomination and called Trump a “three-time loser,”
but is now prepared to endorse Trump. Griffin is worth about $35 billion.
Harold
Hamm,
executive chair of Continental Resources, is an oil and gas magnate heavily
invested in fracking who is worth $18.5 billion. Hamm is part of the Koch
brothers rightwing donor network. He contributed $320,000 to the 2020 Trump
campaign and organized a major Trump fundraiser with the fossil fuel industry.
Diane
Marie Hendricks and
her deceased husband were major supporters of Wisconsin Governor Scott Walker.
Her net worth is over $20 billion. From 2014 to 2016, she gave millions of
dollars to a Republican Super PAC created by the Koch Brothers and in 2020
Hendricks contributed $1.1 million to Trump’s presidential campaign. She spoke
at the 2024 Republican Party National Convention and is also a financial
supporter of Georgia representative Marjorie Taylor Greene. Hendricks’
investment in Trump paid off bigtime. She saved $36 million in income taxes
from a provision in the 2017 Trump tax cut.
Benjamin
Horowitz is
a co-founder of the venture capital firm Andreessen Horowitz along with Marc
Lowell Andreessen and is personally worth $3.5 billion. He pledged to give
money to the 2024 Trump campaign.
Robert
“Woody” Johnson is
co-owner of the New York Jets football team and an heir to the Johnson & Johnson
pharmaceutical company. He is worth an estimated $10 billion. Johnson was a
co-financial chair of the Republican Party during Trump’s 2016 campaign and was
appointed ambassador to the United Kingdom when Trump was elected. During the
2024 campaign, Johnson has already given over a million dollars to Trump Super
PACs.
Doug
Leone is
a partner at and former head of Sequoia Capital. Forbes magazine estimates he
is worth $8.4 billion. In 2021, Leone said Trump lost his support because of
the January 6 attack on the Capitol, but he is now back on the Trump bandwagon.
He gave $2 million to the Right for America Trump Super PAC and $1 million to
the America PAC.
Joe
Lonsdale is
a technology entrepreneur and investor and co-founder of Palantir worth about
half a billion dollars. He donates to Trump through the Super PAC America Pac.
Howard
Lutnick is
CEO of Cantor Fitzgerald and has a net worth of an estimated $1.5 billion.
Lutnick has hosted New York metro area fundraisers for Trump in his home since
2019.
Omeed
Malik,
who formerly supported Ron
DeSantis, changed track and pledged to raise over $3 million and
donate at least $100,000 to the Trump campaign. Malik is president of 1789
Capital and CEO of Farvahar Partners. He has an estimated net worth of $6.15
billion.
Home
Depot co-founder Bernie Marcus supported
Trump for President in 2016 and 2020 and announced he would support Trump again
even if he were convicted of crimes. He gave the Trump campaign $25 million in
2020. Marcus, who is worth almost $9 billion, originally supported DeSantis this
round and then Haley, but he is now boosting Trump again. He said his donations
to the 2024 Trump campaign would be “in line” with past contributions.
Vincent
and Linda McMahon are
professional wrestling promoters. The McMahons gave $5 million to the Donald J.
Trump Foundation. Linda was appointed administrator of the federal Small
Business Administration during the Trump administration and spoke at the 2024
Republican National Convention. The McMahon’s have a combined net worth of $3.2
billion.
Timothy Mellon is
a descendant of the founder of the Mellon Bank and railroad interests. The
bank, under different names, today manages about $50 trillion in assets and the
current generation of the family is worth about $15 billion. Mellon is a major
Trump supporter. In April 2020, he gave $10 million to Trump’s America First
Action Super PAC, and he has pledged $75 million to elect Trump in 2024. He
also contributed $25 million to the independent candidacy of Robert Kennedy.
Mellon is the definition of rightwing weirdo. He posted online comparing
climate scientists to ISIS, is a COVID anti-vaxxer, donated to build a Southern
wall, and issued statements that led to him being accused of racism.
Robert
and Rebeka Mercer (his
daughter and fellow conservative activist) Pappa Mercer was an artificial
intelligence proponent and co-chair of the Renaissance Technologies hedge fund.
Mercer has a string of companies based in the Caribbean that he uses to avoid
paying American income taxes. Among his rightwing activities, he contributed to
the Brexit campaign for Great Britain to leave the European Union, works with
Koch brother’s groups, financially supported Breitbart News, donated to the
Heritage Foundation and the Cato Institute, labels civil rights acts as racist,
and helped fund JD Vance’s Ohio Senate campaign. Daughter Rebekah is in charge
of the Mercer Family Foundation. She home schooled her children, is on the
Heritage Foundation Board of Trustee, was on the 2016 Trump transition team,
and works closely with Steve Bannon who she introduced to Trump. Pappa Mercer
is probably worth a little less than a billion dollars.
Elon
Musk is
going all in to elect Trump, providing money through his private pro-Trump
Super PAC and free publicity on his social media site including an interview scheduled
for posting on August 12. Musk reportedly pledged to contribute $45 million a
month to his America PAC, which has already been accused of using data from a
subterfuge voting registration drive to aid the Trump campaign. After Musk
purchased Twitter, which he rebranded X, there was a surge of
antisemitic and racist postings on the platform. Musk himself has also posted
or retweeted hateful conspiracy theories, targeted Anthony Fauci, and made fun
of people using gender pronouns. It is estimated that Musk is worth over $200
billion.
Chamath
Palihapitiya,
an early senior executive at Facebook, is a champion of digital currency and a
competitive poker player. He co-hosted a San Francisco fund raiser for Trump
with David Sacks that raised $12 million and promotes Trump on his podcast.
Palihapitiya’s net worth is estimated at $1.2 billion.
Geoffrey
Palmer is
a Los Angeles-based real estate developer and competitive polo player worth
$3.1 billion. His company contributed $5 million to Trump’s 2016 campaign, and
he has hosted fundraisers for each of Trump’s campaigns. This round he gave $2
million to Trump's MAGA Inc. super PAC and $814,600 to the Trump 47 Committee.
He was also a major financer of efforts to recall California Governor Gavin
Newsom.
John
Paulson,
net worth $3.5 billion, made his money from the 2008 housing market collapse.
He was an early supporter of Trump in 2016, has already raised $50 million for
the Trump 2024 campaign, and is another potential Treasury Secretary.
Hedge
fund broker Nelson Peltz stated that he regretted voting for
Trump after the Capitol attack, but he is now hosting Trump fund raisers at his
Palm Beach, Florida mansion, although he says he is not happy about it. Peltz
is worth $1.6 billion.
Isaac
Perlmutter is
an Israeli American billionaire who has had stakes in several companies
including Revco drug stores, Remington gun manufacturers, and Marvel
Entertainment. He is a friend and unofficial advisor to Trump who helped
oversee the Department of Veterans Affairs when Trump was President. Isaac and
his wife Laura Perlmutter gave Trump almost $2 million in 2016, and Laura was
part of Trump’s inauguration planning committee. In 2024, the Perlmutters have
already contributed $10 million to Trump’s Right for America Super PAC. Isaac
and Laura Perlmutter live near Mar-a-Lago in Florida and are worth over $4
billion.
Vivek
Ramaswamy originally
ran against Trump in Republican primaries but then endorsed him and was awarded
with a spot at the Republican National Convention. Ramaswamy opposes
affirmative action, abortion rights, and birthright citizenship. During his
campaign he called the “climate change agenda a hoax” and for raising the
voting age to 25. He has endorsed conspiracy theories that the January 6 attack
on the U.S. Capitol was a “inside job” and questioning the official story about
the September 11th attack on the World Trade Center. He made his money in
pharmaceuticals and is worth about a billion dollars.
Todd
Ricketts is
a co-owner of the Chicago Cubs, a TD Ameritrade board member, and a former
Republican Party finance chair. Since 2016 he has been a Trump fundraiser and
was chair of the Trump Victory Committee in 2020. The Ricketts family is worth
over $4 billion.
Phil Ruffin, a
casino magnate, is a longtime associate and business partner of Trump who was
with Trump at the 2013 Miss Universe Pageant in Moscow. Ruffin, worth $2.6
billion, contributed $2 million to Trump’s MAGA Inc. Super PAC and more than
$800,000 to Trump 47.
Tech
investor, podcast host, and venture capitalist David Sacks spoke
opening night of the Republican National Convention. on Monday, co-hosted a
fundraiser for Trump in San Francisco. Sacks, a former chief operating officer
at PayPal, is now a big promoter of crypto currency along with JD Vance. Sacks
supported Hillary Clinton in 2016, recently toyed with support for Robert
Kennedy, but is now a prominent Trump fund raiser.
Blackstone
CEO Steve Schwarzman,
a longtime friend of Trump, was chairman of his Strategic Policy Forum when
Trump was President. In that role he marshalled billionaires to support Trump
tax cuts and economic policies. Schwarzman denounced the January 6 attack on
the Capitol Building as an “insurrection” and an “affront to the democratic
values we hold dear” and in 2022 he announced he would not support Trump for
reelection however Schwarzman is now a Trump supporter and fundraiser again. He
is worth $39 billion.
Paul
Singer is
a hedge fund manager with a net worth of over $6.1 billion. His specialty is
buying the debt of poor countries and then forcing them to pay. Singer and the
workforce at his company, Elliott Management are a top source of contributions
to the National Republican Committee. Singer has contributed to the political
efforts of the Koch brothers and gave one million dollars to the Trump 2017
inaugural committee. He originally supported Nicki Haley’s 2024 campaign but
has now endorsed Trump.
Jeff
Sprecher and
his wife, former Georgia Senator Kelly Loeffler are worth over $1 billion. Each
contributed over $800,000 to a Trump Super PAC. Sprecher is the former chairman
of the New York Stock Exchange.
So
far Peter Thiel, co-founder of PayPal and Palantir, has not
endorsed Trump again. He contributed a million dollars to the trump 2016
campaign but did not give money in 2020. Thiel, who is gay and part of a
same-sex marriage, remains unhappy with Trump and the Republican Party’s focus
on hot-button cultural issues. However, he was a major supporter of JD Vance’s
Senate campaign and is expected to eventually support the Trump-Vance ticket
because of his major investment in crypto currencies. Thiel, the person who
introduced Trump to Vance, is worth $4.2 billion.
Richard Uihlein and Elizabeth
Uihlein are founders of Uline and Richard is also an heir to Schlitz.
They are anti-union, anti-tax, anti-regulation, and anti-gay and transgender
rights. Their $10 million contribution to
the Trump 2024 Make America Great Again Super PAC is currently the second
largest Trump gift. The Uihleins are worth over $6 billion.
Kelcy
Warren,
the chairman and former CEO of a pipeline company with a net worth of over $6
billion gave over $800,000 to the Trump 47 Committee and $5 million to the MAGA
Inc. super PAC.
Cameron and Tyler Winklevoss each
gave over $1 million to the Trump 47 Committee and $250,000 to the America PAC.
The twins run the cryptocurrency exchange Gemini and are each worth $2.7
billion. When endorsing trump, Tyler Winklevoss called him “pro-Bitcoin,
pro-crypto, and pro-business.”
Steve
Wynn was
vice-chairman of Trump’s 2017 inaugural committee. He is casino and real estate
magnate worth $3.4 billion who is accused of sexual misconduct and acting as a
foreign agent for China. Wynn gave over $800,000 to the Trump 47 Committee.
Jeffrey Yass is
the co-founder trading and technology company Susquehanna International Group,
a major investor in TikTok which is under attack because its parent company is
owned by China, and Trump’s sham media company. He has a net worth of $27.6
billion. He is a self-proclaimed libertarian, on the executive advisory council
of the Cato Institute, and an advocate for charter schools and vouchers. Yass
is one of the largest Republican Party deep pockets and contributed to several
candidates challenging the results of the 2020 Presidential election.
Alan Singer is a historian and teacher
educator at Hofstra University.