Many donors are turning their backs on the ex-president.
(Photo: AP)
Washington It sounds like disappointed love, but it’s tough business: Three of the largest and most influential donors in the USA have turned their backs on Donald Trump in a short time. Trump declared his candidacy for the 2024 presidential election on Wednesday, but he cannot count on the money of billionaires Stephen Schwarzman, Ken Griffin and Ronald Lauder.
It’s “time for the Republican Party to embrace a new generation of leaders,” Schwarzman, CEO of private equity giant Blackstone, told Axios on Wednesday. Ken Griffin, founder of the hedge fund Citadel, had previously stated that he wanted to support Florida Gov. Ron DeSantis instead of Trump.
DeSantis is considered a promising contender for a presidential candidacy and should officially express interest at the latest next year when the primary elections start. According to the New York Times, Ronald Lauder, heir to the Estée Lauder empire, has also decided not to donate to Trump anymore.
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