In a significant boost to his 2024 presidential aspirations, former President Donald Trump is seeing a surge in financial backing from several high-profile billionaires, positioning him to close the fundraising gap with incumbent President Joe Biden. The wave of support, highlighted by a statement from Blackstone CEO Stephen Schwarzman, underscores a growing concern among these wealthy individuals about the direction of U.S. policy under the current administration.
Stephen Schwarzman, a titan in the financial industry with a net worth of approximately $39 billion, publicly declared his support for Trump on Fox Business Network. He expressed his alarm at the state of the nation’s economic, immigration, and foreign policies. “Our economic, immigration, and foreign policies are taking the country in the wrong direction,” Schwarzman stated, also noting the troubling rise in antisemitism as a factor in his decision.
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