As the 2024 presidential race draws near, billionaires across the country are now taking sides, providing significant financial backing to either Vice President Kamala Harris or former President Donald Trump. While some, like Elon Musk, are vocal about their support, others, such as Warren Buffett and Mark Zuckerberg, are opting to stay on the sidelines, despite rumours and speculation about their political leanings.
According to a report by Forbes, 76 billionaires are backing Kamala Harris, while 49 billionaires are supporting Donald Trump.
Many more billionaires may still commit to a candidate, but their contributions won’t be made public until after the election when the final Federal Election Commission reports are released in December.
Harris Supporters
Among the 76 billionaires supporting Harris, 28 have donated $1 million or more to groups backing her. Here are some notable names:
- Michael Bloomberg (Former New York mayor, Bloomberg)
- Arthur Blank (Atlanta Falcons)
- Reid Hoffman (LinkedIn)
- Vinod Khosla (Khosla Ventures)
- Dustin Moskovitz (Facebook)
- Steven Spielberg (Hollywood director)
In addition, 36 billionaires contributed between $50,000 and $999,999. Some of these include:
- Tory Burch (Fashion designer)
- Reed Hastings (Netflix)
- Chris Larsen (Ripple)
- Laurene Powell Jobs (Apple)
Further, Melinda French Gates, Joe Gebbia (Airbnb), and several other prominent figures have financially backed the Democratic Presidential candidate. High-profile individuals such as Mark Cuban and Magic Johnson signed an open letter endorsing her.
Trump Supporters
Trump, who has positioned himself as a champion of the ultra-wealthy and working-class alike, has garnered significant backing from 49 billionaires. Notable supporters include:
- Miriam Adelson (Las Vegas Sands Corp.)
- Don Ahern (Las Vegas construction)
- Diane Hendricks (ABC Supply)
- Linda McMahon (WWE)
- Steve Wynn (Wynn Resorts)
Another 16 billionaires have contributed between $50,000 and $999,999, including:
- Tilman Fertitta (Houston Rockets)
- John Paulson (Paulson & Co.)
- Thomas Siebel (Siebel Systems)
Trump’s supporters also include tech magnate Elon Musk, who has actively stumped for him, appearing at a rally and offering incentives to swing state voters through his political action committee.
