President Trump has more than several billionaires backing his campaign for reelection
The richest president in American history has gotten financial support from nearly one in 10 U.S. billionaires.early five years ago Donald Trump descended an escalator inside Trump Tower and announced a long-shot bid to become president of the United States. Standing on a stage in the building’s lobby, in front of eight American flags, he spoke to a gaggle of cameras“I’m using my own money,” Trump said, indicating that he would self-fund his campaign. “I’m not using the lobbyists.
How times have changed. Now in the midst of his reelection campaign, President Trump has accepted donations from 80 billionaires and their spouses, according to a review of Federal Election Commission filings. Fifty-one moguls donated in their own names. Seven others are married to people who did. In other words, 9% of America’s billionaires, who together are worth a combined $210 billion—either directly or through their spouse—have pitched in to cover the costs of Trump’s 2020 campaign.
Most of the donors, some 56%, live in just three states: Florida, New York and Texas. More than three-quarters are self-made. The rest inherited small fortunes and grew them into bigger ones. They come from all sorts of industries—real estate, energy, sports and so on. But one-fifth of the donors got rich in finance & investments. That group includes titans like Blackstone CEO
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Donald Trump makes UFC 249 appearance to push agenda to reopen amid COVID-19 pandemicDonald Trump and Dana White have long seen eye to eye.
Read more »
Alec Baldwin’s Donald Trump Sends Off the Class of 2020 in ‘SNL At Home’ Finale (Watch)Actors, writers, musicians and even former president Barack Obama will be taking part in virtual graduation ceremonies as the Class of 2020 is still under stay-at-home orders due to the COVID-19 pa…
Read more »
President Donald Trump congratulates Dana White for putting on UFC 249 during pandemic'I want to congratulate Dana White and the UFC. They're going to have a big match,' Trump said in a pre-taped video. 'We love it. We think it's important – get the sports leagues back. Let's play.'
Read more »
11 Times Axl Rose Bashed President Donald TrumpNo matter how many times President Donald Trump jams out to Guns N&39; Roses, singer Axl Rose will continue to fire shots at the nation&39;s leader.
Read more »
Watch Alec Baldwin Return as Donald Trump on SNL's Season FinaleSNL had its last episode of the season last night, and brought Alec Baldwin's Donald Trump back for a virtual high school graduation sketch.
Read more »
Opinion | Vanity Fair ‘updates’ story about Donald Trump Jr., OANThere are retractions; there are corrections; and there are 'updates,' which do a lot of work in journalism these days.
Read more »