Billionaire investor Bill Ackman is likely to support Donald Trump in November’s election, according to a person familiar with his thinking.
The potential endorsement suggests Ackman’s disdain for Biden, who he said last month wouldn’t get his vote, outweighs his trepidation about another Trump term. After the January 6 Capitol riot, Ackman tweeted at Trump that “it is time for you to resign and apologize to all Americans.“Ackman is joining a number of Wall Street executives, including Blackstone Inc.
Trump has also been winning over non-finance billionaires. Miriam Adelson is planning to give millions of dollars to support his 2024 re-election effort after not committing to any candidate earlier this year. He has also been seeking counsel from Elon Musk.| The jury in Donald Trump’s hush money trial has reached a verdict, signalling a highly anticipated culmination of the first criminal case against a former American president.
Trump is charged with 34 counts of falsifying business records at his company in connection with an alleged scheme to hide potentially embarrassing stories about him during his 2016 Republican presidential election campaign. To convict Trump, the jury would have to find unanimously that he created a fraudulent entry in his company’s records, or caused someone else to do so, and that he did so with the intent of committing or concealing another crime.