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Who is endorsing Donald Trump? List of American billionaires backing Republican candidate

From Elon Musk to Bill Ackman, here's the list of billionaires siding with Donald Trump in the November election

Published on: Oct 30, 2024, 20:03:28 IST
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With Election Day just a week away, the stakes are high for both presidential candidates. While in terms of media endorsements, Kamala Harris may have an edge over Donald Trump, the former president has top billionaires in his corner, with Elon Musk leading the way. The Tesla CEO, who endorsed the Republican candidate earlier this year, has been a frequent at Trump-Vance campaign rallies of late. Let's take a look at top American billionaires who are backing the GOP nominee:

American billionaires backing Trump in 2024 race

Elon Musk, chief executive officer of Tesla Inc., left, and former US President Donald Trump, prior to a campaign event at the Butler Farm Show in Butler, Pennsylvania, US. (Bloomberg)
Elon Musk, chief executive officer of Tesla Inc., left, and former US President Donald Trump, prior to a campaign event at the Butler Farm Show in Butler, Pennsylvania, US. (Bloomberg)

While endorsements do not directly affect a candidate at the polls, they play a significant role in shaping a voter's mind. This year's presidential race has seen a decline in newspaper endorsements in a striking contrast to past elections. However, as we reach the final week until D-day, a public declaration of support from an influential figure may play a part in the voters' final decision.

Catch all the newsmakers, detailed explainers and deep analysis of the US Election

Up until Warren Buffet's statement, rumours surrounding the billionaire's alleged endorsement began circulating online. Amid the growing buzz and false narratives about his stance in the presidential election, the 94-year-old issued a statement on his company, Berkshire Hathaway's website, saying, “will not… endorse and support political candidates.”

Meanwhile, Washington Post owner Jeff Bezos, who has not endorsed either Trump or Harris, recently made his public remarks on the November election in a bid to clear the air around the publication's non-endorsement of either candidate. “Presidential endorsements do nothing to tip the scales of an election,” the Amazon founder wrote.

“No undecided voters in Pennsylvania are going to say, ‘I’m going with Newspaper A’s endorsement.’ None. What presidential endorsements actually do is create a perception of bias. A perception of non-independence. Ending them is a principled decision, and it’s the right one,” he added, per CNN.

 
ABOUT THE AUTHOR
Arya Vaishnavi

Arya Vaishnavi is a journalist at Hindustan Times. She covers a wide array of topics, from world news to the entertainment industry and everything in between. In addition to news articles, she creates captivating photo galleries. Having covered both US and Indian elections, she is an experienced political news writer. Outside of work, you are most likely to find her meditating, lifting weights, or reading books.

Stay updated with US News covering politics, crime, weather, local events, and sports highlights. Get the latest on Donald Trump and American politics along with Horoscope 2026.
Stay updated with US News covering politics, crime, weather, local events, and sports highlights. Get the latest on Donald Trump and American politics along with Horoscope 2026.
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