President Donald Trump has lost the financial support of at least four billionaires who made six-figure gifts to his campaign in 2016.
One of Trump’s billionaire backers publicly denounced him in a 2017 op-ed.
While a handful of Trump’s 2016 donors have jumped ship, he’s also gained plenty of new ones: Most of his 2020 billionaire backers are first-time supporters.
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President Trump isn’t just lagging in the national polls ahead of the November presidential election — he’s tailing in Business Insider’s analysis of the three comma club, too.
Not only does Trump have fewer billionaire donors overall than his opponent Joe Biden, he also lost the financial support of a handful of his 2016 donors. Despite having given upwards of six figures to Trump’s first presidential bid, at least four of Trump’s donors have yet to donate to Trump’s reelection bid for varying reasons.
And notably, billionaire Peter Thiel, who was one of Trump’s biggest backers in 2016, has not donated so far in 2020. (The Daily Beast reports that, according to Federal Election Commission data, Thiel last gave to Trump’s reelection campaign in 2018.)
Not all of Trump’s billionaire backers jumped ship after …read more
Source:: Businessinsider – Life