Recent reports filed with federal regulators reveal that some of the world's wealthiest individuals have been actively supporting Donald Trump's White House bid through substantial financial contributions to political groups. Leading the pack are conservative donor Miriam Adelson and tech billionaire Elon Musk, who have collectively funneled tens of millions of dollars into pro-Trump initiatives.
Elon Musk, currently the world's richest person, made a significant impact by donating nearly $75 million to a pro-Trump super PAC that he helped establish during the summer. This substantial financial backing was strategically aimed at mobilizing voters in crucial battleground states.
Miriam Adelson, a vocal supporter of Trump and heiress to a casino fortune, surpassed Musk's contribution by investing a whopping $95 million in another external organization backing the former president. The filings with the Federal Election Commission for the three months ending on September 30 shed light on the immense financial support these billionaires are providing to bolster Trump's campaign.
In a remarkable display of financial influence, just three billionaires - Musk, Adelson, and Midwestern packaging magnate Richard Uihlein - collectively contributed approximately $220 million to groups endorsing Trump's candidacy within a three-month period. These staggering donations underscore the pivotal role that a select group of billionaire megadonors are playing in Trump's bid to outpace his Democratic opponent, Vice President Kamala Harris, as the competition between the two intensifies.
