More Perfect Union Profile picture
Jul 17 • 21 tweets • 6 min read • Read on X
The super rich are backing Trump like never before. More than five dozen billionaires are supporting his campaign for the presidency.

This thread will show who his billionaire backers are.

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2) Elon Musk has announced that he intends to commit more than $45 million a month to the Trump campaign. wsj.com/politics/elect…
3)Timothy Mellon, who has given more money to Trump’s three presidential campaigns than anyone else, is also all in on the 2024 efforts.

Mellon gave $50 million to a pro-Trump PAC the day after the former president was convicted in New York
.nbcnews.com/politics/2024-…
4) Jimmy John’s founder James J. Liautaud contributed the maximum amount to a joint fundraising committee for Trump – $844,600.
substack.perfectunion.us/p/over-five-do…
5) Crypto twins Cameron and Tyler Winklevoss donated 15.47 Bitcoins each, according to @Sludge.

The filing says that the Bitcoin donated by each twin was worth slightly more than $1 million.
readsludge.com/2024/07/16/tru…
6) Jared Kushner and his dad Charles, Trump’s family members through Jared’s marriage to his daughter Ivanka, have together already given well over a million dollars.

Jared and Ivanka reportedly made up to $640 million while Trump was in the White House.
citizensforethics.org/reports-invest…
7) Former GOP Senator from Georgia Kelly Loeffler also gave over $800,000 to the committee.

When she was in the Senate, Loeffler was the richest person in Congress, with a fortune of about $500 million.
prospect.org/politics/ultra…
8) David Sacks, the former COO of PayPal and an investor in AirBnB and SpaceX, intends to donate significant amounts to Trump’s campaign and was a major supporter of JD Vance for VP.
bloomberg.com/news/articles/…
9) Marc Andreessen and Ben Horowitz, venture capitalists who have made their wealth by investing in startups and cryptocurrency, have announced their intent to create a pro-Trump PAC in the coming days.
axios.com/2024/07/17/tru…
10) Chamath Palihapitiya, a former Facebook executive and close associate of David Sacks, is also supporting the Trump campaign.
readsludge.com/2024/07/16/tru…
11) Steve Wynn, a casino mogul and former Finance Chair for the Republican National Committee, is also spending hundreds of thousands to boost Trump’s campaign.
substack.perfectunion.us/p/over-five-do…
12) Scott and Bryan Sheffield, a father and son duo who’ve made billions together by merging their energy companies and eventually selling them to ExxonMobil, have ratcheted up their donations to Trump and Texas Governor Greg Abbott in the last few months.
13) Scott Sheffield was accused by the FTC of colluding with OPEC to reduce oil output and inflate prices during the early days of the pandemic, and was banned from serving on ExxonMobil’s board of directors as part of the Pioneer acquisition agreement.
cnn.com/2024/05/02/ene…
14) Miriam Adelson, owner of Las Vegas Sands and widow of mega GOP donor Sheldon Adelson, has donated the individual max of $844,600 to the Trump campaign’s main vehicle for direct high-dollar donors, per @Sludge.

She also intends to boost PACs that support Trump.
15) Andy Beal, real estate mogul and tech giant who has long been a supporter of Republicans, has also thrown in more than six figures into the Trump 47 committee.
substack.perfectunion.us/p/over-five-do…
16) Palmer Luckey, the founder of Oculus and an ex-Facebook executive fired for donating to Trump in the past, has doubled down and donated the maximum amount possible.
17) Bernard Marcus, the billionaire co-founder of Home Depot known for his conservative, anti-worker politics, has already donated at least $844,600 to support Trump.
readsludge.com/2024/07/16/tru…
18) Tory Link, CEO of beef jerky company Link Snacks, has donated at least $500,000 to the Trump campaign effort.
19) And this thread is just the tip of the iceberg. At least 63 billionaires have now publicly endorsed Trump, hosted a fundraiser for him, or contributed to Trump campaign groups.

Read more: .substack.perfectunion.us/p/over-five-do…
20) The total net worth of these oligarchs is about half a trillion dollars, as we know from the great research of @ppolitics and @donnydonny.
The influence of the super-rich, and their ability to disproportionately influence elections, is detrimental to democracy. One billionaire should not have 10,000x the influence of an average voter.

We have to get money out of politics if we want a functioning democracy.

(21/21)

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More from @MorePerfectUS

Jul 15
The economic impact of Project 2025 would be a disaster for the working class.

The plan outlines making people work until at least age 70, privatizing Medicare, gutting Medicaid, tax cuts for the ultra-rich, and more.

A thread.
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The booming crystal industry runs on a massively exploited workforce around the world.

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propublica.org/article/claren…
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theguardian.com/us-news/articl…
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Read 5 tweets

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