A second billionaire GOP megadonor has bailed on Trump since he announced his 2024 presidential run last night.
and major donors are already running for the hills. Blackstone co-founder and CEO Stephen Schwarzman declared that he will not be backing Donald Trump in his renewed bid for the presidency. Schwarzman is the second high-level Trump donor to say he’s taking his money elsewhere in the last two weeks. announcing his decision, Schwarzman indicated he believes “it is time for the Republican Party to turn to a new generation of leaders and I intend to support one of them in the presidential primaries.
It didn’t end there. Later on Wednesday, longtime Trump ally and billionaire heir to the Estée Lauder fortune Ronald Lauder said he wouldn’t be supporting the former president’s latest White House run. A spokesman for Ronald Lauder, longtime friend of Trump and donor to Trump, says the billionaire businessman has no plans to support Trump this time around.
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