The Majority Of Donald Trump’s Billionaire Donors Didn’t Give To His 2016 Campaign | 5 Takeaways from Joe Biden's New Financial Disclosure

It’s not much of a surprise that the first billionaire president has attracted the support of fellow three-comma-club members. In fact, his reelection campaign has received contributions from 11% of American billionaires, either directly or through a spouse. But as it turns out, more than half of those benefactors did not give money to his 2016 campaign. We take a look at who that group is, and who some of them supported instead of Trump last time around.

Michela Tindera

Michela Tindera

Staff Writer, Money & Politics

 
The Majority Of Donald Trump’s Billionaire Donors Didn’t Give To His 2016 Campaign
 
 
 
The Majority Of Donald Trump’s Billionaire Donors Didn’t Give To His 2016 Campaign

Of the 90 billionaires and their spouses who have donated to Trump over the last three years, 54% did not give to the president’s campaign in 2016, according to an analysis of Federal Election Commission filings.

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MIND ON THEIR MONEY
Straight from the Forbes newsroom, our latest coverage of where money is flowing in Washington.

Joe Biden earned more than $900,000 in 2019, much of it before he started running for president, according to a financial disclosure form he filed with the Federal Election Commission Friday. Here are five takeaways from the report.

The new $3 trillion coronavirus stimulus bill unveiled by House Democrats Tuesday would extend the boosted unemployment program passed by Congress in March through January, but Republicans aren’t likely to support the program in its current form because they argue it disincentives people to work, even as 33 million Americans joining the unemployment rolls in the last seven weeks.

The same hackers who successfully attacked a celebrity New York City law firm last week are claiming they have "dirty laundry" on President Donald Trump and are demanding a $42 million ransom, threatening to publish the information if not paid in one week.

President Trump unveiled a new federal effort to accelerate development of a coronavirus vaccine, Operation Warp Speed, but continued to beat the drum of reopening, saying that “vaccine or no vaccine, we’re back.” Only Kentucky and North Dakota meet White House criteria for reopening.

An FBI investigation into allegations of insider trading by Senator Burr has reignited fierce debate over insider trading in Washington, but what does that actually mean? Here’s what you need to know.

Nine senators, a group that includes five former 2020 Democratic presidential candidates, ask Jeff Bezos to explain the recent firings of four Amazon employees who called for better working conditions during the pandemic.

The Republican governors of three states—Georgia, Texas and Florida—that pushed their states to reopen quickly face low marks in their handling of the outbreak, a new poll finds, while governors from both parties that took a more cautious approach to easing restrictions have won praise.

GLOBAL ECONOMY
The biggest international developments affecting markets worldwide.

Slovenia is the first country in Europe to declare an end to its coronavirus outbreak, its government declared on Friday, after a dramatic slowdown in new cases.

China has not reported any new deaths linked to coronavirus in a month, according to an analysis of data from Chinese health authorities.

New daily coronavirus cases and deaths dropped on Friday in Italy, just before more businesses are slated to reopen and Catholic churches are permitted to hold mass again Monday.

After a two-month coronavirus lockdown Australia has taken its first steps out of lockdown with reopened bars, restaurants and cafes to celebrate the partial lifting of quarantine measures.

As the weeks and months pass, the $380 million sale of Newcastle United by retail billionaire Mike Ashley to a consortium backed by Saudi Arabia’s sovereign wealth fund looks increasingly at risk.

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