While Schwarzman did not financially support Trump's 2016 campaign, the billionaire investor has since donated hundreds of thousands of dollars to Trump's reelection bid. Ken Langone, just like Donald Trump, went off on a tangent and lost his way for seven minutes. trogers@businessinsider.com (Taylor Nicole Rogers), I Can't Believe This Social Security Bonus Was So Easy, Americans Are Obsessed With New Blanket That Puts You To Sleep In Minutes, 23 New Gadgets That Will Sell Out Before the Holidays, © Jared Siskin/Patrick McMullan via Getty Images, © Monica Schipper/Getty Images for NYU Langone Health, © Newsday LLC / Contributor / Getty Images, Visit Business Insider's homepage for more stories, pleading guilty to charges of securities fraud, used a controversial facial recognition app, pledged to donate a substantial portion of his fortune to Trump's reelection bid. The Adelsons planned to continue their generosity throughout the 2020 election cycle and give more than $100 million to various Republican candidates, Republican fundraisers told The Guardian in February. Perelman also owns a $3 billion art collection and holds a large stake in cosmetics maker Revlon. Get this delivered to your inbox, and more info about our products and services. Got a confidential news tip? Informations sur votre appareil et sur votre connexion Internet, y compris votre adresse IP, Navigation et recherche lors de l’utilisation des sites Web et applications Verizon Media. Paulson has supported the President since 2016, having donated $250,000 to Trump's first campaign. Michael and Lori Milken have since become full-time philanthropists, donating over $1 billion to cancer research. The company has since grown to be the largest lumber producer in America, operating 14 lumber mills, per Forbes. But multiple sources told NBC News on Wednesday that Kasich planned to drop out — he was the last man standing against Trump in the primary competition . Langone added that he will "absolutely" stand with Trump and that likely Democratic nominee Hillary Clinton is "absolutely not" closer to Kasich than Trump is in terms of policy. Perelman made a single large donation to Trump's fundraising committee in September 2017, Forbes reported. Net worth: $4.2 billion (attributed to Ken Langone), Source of wealth: home improvement retail chain Home Depot. Despite decades of protests and outrage from fans over the team's name, Snyder has refused to change it. Wanek did not financially support the president's 2016 campaign, giving for the first time during the current election cycle, Forbes reported. A Division of NBCUniversal. Charles Dolan, founder of telecommunications giant Cablevision, donated to Trump for the first time during the 2020 election cycle, Forbes reported. Michael Milken was one of a group of nearly a dozen people convicted of white-collar crimes pardoned by Trump in February 2020, with a White House spokesperson citing his charity work as a driving factor behind the pardon. The president is trailing his presumptive opponent, former Vice President Joe Biden, in his number of billionaire donors, according to an analysis of federal campaign records by Forbes. Trump, in turn, tweeted his support for Home Depot. Schwarzman also frequently advises Trump on relations on China, per The Washington Post. Source of wealth: investment firm MacAndrews & Forbes, Revlon. Lauder currently serves as the chairman of Clinique Laboratories but has spent time in politics as well, according to Forbes. Tilman Fertitta is the billionaire restaurateur behind Landry's Seafood House, Bubba Gump Shrimp Co., and Saltgrass Steak House, according to Forbes. That's not to say that Trump's donors haven't been treated well in other areas. DeBartolo also formerly owned the San Francisco 49ers, but his sister Denise DeBartolo York took control of the team in 2001, per Forbes. Source of wealth: marketing firm Snyder Communications. John Kasich's campaign. Home Depot's other cofounder, Bernie Marcus, also pledged to donate a substantial portion of his fortune to Trump's reelection bid in July, prompting boycotts of the home improvement chain. Dolan founded Cablevision in 1973 and sold it for $17.7 billion in 2016. Shoppers boycotted Home Depot after one of its cofounders pledged to donate a portion of his net worth to the president's reelection efforts in July. The family of former construction company owner Paul Pogue, who had pled guilty to underpaying his taxes, donated more than $200,000 before Trump granted Pogue clemency. Simonyi is also an amateur astronaut, having flown to space as a tourist in 2007 and 2009, Business Insider previously reported. Emmerson and his family own almost two million acres across the United States, Forbes reported. Charles Simonyi, 71, was the fortieth employee at Microsoft and went on create Microsoft Word and Excel, per Forbes. Former government ethics chief Walter Shaub tweeted, "Every bit of government is for sale in the Trump administration. H. Ross Perot, Jr., the son of presidential candidate H. Ross Perot, Sr., built his fortune running a real-estate development company that has built both industrial buildings and residential developments, per Forbes. "It's not easy to put big buildings up in this city. Source of wealth: venture capital, PayPal, Facebook, Peter Thiel made a fortune co-founding PayPal and grew his net worth by investing early in Facebook, according to Forbes. Nos partenaires et nous-mêmes stockerons et/ou utiliserons des informations concernant votre appareil, par l’intermédiaire de cookies et de technologies similaires, afin d’afficher des annonces et des contenus personnalisés, de mesurer les audiences et les contenus, d’obtenir des informations sur les audiences et à des fins de développement de produit. Still, Forbes reports that Trump's campaign accepted donations from 90 billionaires during the current election cycle. He even donated $100,000 to the Trump Inaugural Committee alone. Thiel has been an outspoken supporter of Trump for years, famously moving his home and his personal staff from the Bay Area to Los Angeles because Silicon Valley felt like a "one-party state. Keep reading to learn more about some of the president's most notable billionaire supporters, listed in no particular order. Lauder was a deputy assistant secretary of defense for NATO affairs and the American ambassador to Austria, and is one of Trump's informal advisors on Israeli relations, per Forbes. Yahoo fait partie de Verizon Media. For some of Trump's donors, financially supporting the president came at a cost. The Rockets are currently worth, $2.47 billion, according to Sports Illustrated. Catsimatidis also hosts a politics-focused talk radio show which airs on several stations on Sunday mornings, called The Cats Roundtable. Edward DeBartolo made much of his fortune managing shopping centers, though his firm DeBartolo Holdings also owns restaurants, a logistics company, and a charter high school in Florida, according to Forbes. Vous pouvez modifier vos choix à tout moment dans vos paramètres de vie privée. In November 2018, Trump awarded Adelson the Presidential Medal of Freedom. Milken also wasn't the only person in the group that was granted clemency to have donated to the president's campaign. He does it with great aplomb, and he does it in a very effective way.". Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article. Source of wealth: casino operator, Las Vegas Sands. Donald Trump may be America's first billionaire president — but he doesn't seem to have won the billionaire vote. Milken's husband Michael built the family's fortune trading junk bonds at investment bank Drexel Burnham Lambert, making $500 million a year during the 1980s, Business Insider previously reported. Beal donated $549,400 to Trump's 2016 campaign and has made several donations to the President's 2020 campaign totaling over $1 million, per Forbes. Elaine Langone is the spouse of billionaire Home Depot founder Ken Langone. She and her husband donated $300 million to NYU's hospital and medical school, and the medical center is named after them, according to Forbes.
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