Reported 6 months ago
After Donald Trump's conviction for falsifying business records, his billionaire supporters like Elon Musk, David Sacks, and Bill Ackman offered their immediate support. Billionaires are flocking to Trump, helping reshape the 2024 race and lessen his fundraising gap with Joe Biden. Despite the conviction, there is little expectation that Trump will lose support from high-dollar donors. Notable figures like Musk, Blackstone CEO Steve Schwarzman, and Pershing Square Capital CEO Bill Ackman have been prominent Trump supporters, helping him raise substantial funds. Despite Biden's fundraising efforts, many high-dollar business leaders have shown support for Trump following his conviction.
Source: YAHOO