Forbes has revealed that 82 billionaires are supporting Democratic candidate Kamala Harris, while 52 are backing Republican nominee Donald Trump in the final days leading to the U.S. presidential election. Both candidates have strong backing from major business leaders, though many top names have chosen to stay neutral.
Billionaire Donors Divided on Candidates
Forbes reported that 100 billionaires have publicly backed either Harris or Trump, with many preferring Harris. Prominent business leaders like former 21st Century Fox CEO James Murdoch and Laurene Powell Jobs recently endorsed Harris, citing her commitment to stability and business-friendly policies. Despite Harris’s proposal to raise corporate tax from 21% to 28%, supporters argue that her plans focus on economic fairness and tax responsibility.
Trump’s Corporate Allies Strategize for Election Outcome
Meanwhile, Trump enjoys strong support from figures like Elon Musk, Bill Ackman, and Marc Andreessen. Reports indicate that top business leaders, particularly in Silicon Valley, are preparing strategies in anticipation of a Trump victory. Trump has pledged a “golden age” for the U.S., promising to prioritize American businesses and workers over corporate interests, a message his Vice-Presidential candidate J.D. Vance echoed at the recent Republican National Convention.
With polls showing a tight race in swing states, both campaigns continue to focus on economic policies to win over business leaders and voters. Final Federal Election Commission reports, due in December, are expected to reveal the complete financial backing each candidate received.
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