With the race tight, some business elites are toning down past criticism of the former president.
By Jeff Stein, Jacqueline Alemany and Josh Dawsey, The Washington PostThen-President Donald Trump speaks during a roundtable with tech executives at the White House on June 19, 2017. From left, Apple CEO Tim Cook; Trump; Microsoft CEO Satya Nadella; and then-Amazon CEO Jeff Bezos, who owns The Washington Post.
With the White House appearing increasingly up for grabs, and especially as polls have tightened, numerous billionaires and other leading executives have taken steps in recent months to stay out of the race - even if they had criticized Trump after the Capitol insurrection of Jan. 6, 2021, calling his encouragement of the riot a threat to American democracy.
Trump allies hailed what they say are signs of neutrality from other billionaires. Amazon founder Jeff Bezos, who owns The Washington Post,presidential candidates, a change announced last week. The Post had an endorsement of Harris in the works. That came just days after Patrick Soon-Shiong, who owns the Los Angeles Times, blocked that paper’s endorsement of Harris.
“The elites and the money - they sense Trump is going to win. You don’t think Jeff Bezos looks at Polymarket?” said Bill White, a Trump fundraiser, referring to the political gambling site that tracks the odds of the race and has seen more betting on Trump to win lately. “Bezos not endorsing Kamala Harris - I think that’s a $50 million endorsement for Trump. Not picking a horse is picking a horse.
Warren Buffett, the billionaire chair of Berkshire Hathaway, endorsed Barack Obama in 2008 and 2012 and Hillary Clinton over Trump in 2016, but he announced last week that he would be staying out of the 2024 presidential race. Buffett also sat out the 2020 race.
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