The media has been emphasizing President Joe Biden’s significant lead in fundraising over former President Donald Trump, as he is not leading in any other aspect. However, this narrative may soon shift as billionaire donors are gearing up to support the former president, with donations expected to pour in starting in April, according to a report by Fox News. Former President Trump will be attending the “Inaugural Leadership Dinner” in Palm Beach, Florida over the weekend, where many billionaire donors will be present, helping him narrow the fundraising gap with President Biden.
“The event will be led by hedge-fund billionaire John Paulson and will be co-chaired by hedge-fund tycoon Robert Mercer and his daughter Rebekah, oil tycoon Harold Hamm, hotelier Robert Bigelow, and casino mogul Steve Wynn,” the report said.
“Bigelow and Hamm had previously funneled money to Florida Gov. Ron DeSantis in his ill-fated presidential run against Trump in the primary. Hamm previously donated to former U.N. ambassador Nikki Haley’s presidential campaign as well,” Fox said, adding:
“Scott Bessent, founder of the investment firm Key Square Group and former chief investment officer at George Soros’s Soros Fund Management, will also be co-hosting the event. Bessent has been rumored to be a potential cabinet nominee in a second Trump administration. The event will also be attended by Chairman and Chief Executive Officer of Strategas Jason Trennert, one of Wall Street’s top thought leaders. Chicago Cubs co-owner Todd Ricketts and New York Jets co-owner Woody Johnson are also expected to be involved along with Wilbur Ross, Trump’s former secretary of commerce.”
The highest contribution available at the function is the “Chairman Level,” priced at $824,600, granting the donor the privilege of being seated at the ex-president’s table.
“Now that President Trump won the primaries, defeating all 10 contenders by a landslide, I think it’s time for Republicans to unite behind him,” Paulsen said to Bloomberg. “For that reason, I’m hosting this inaugural event to galvanize the broad support there is for the president.”
