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Here’s how American billionaires and their employees are approaching the 2024 election

Here’s how American billionaires and their employees are approaching the 2024 election

As the battle for the White House has unfolded, billionaires from Silicon Valley to Wall Street have backed the two candidates with donations, while some have not publicly endorsed either party. Here’s how some of the biggest names – and their employees – approached this election.

A growing list of billionaires have endorsed Kamala Harris or Donald Trump. Photos: Reuters
A growing list of billionaires have endorsed Kamala Harris or Donald Trump. Photos: Reuters

Elon Musk

The CEO of Tesla and SpaceX has given more than $120 million to support Trump Musk one of the Republican Party’s largest donors.

He has donated $119 million to support Trump’s campaign through America PAC, a political action group backing the Republican candidate. Another conservative super PAC, or political action committee, the Sentinel Action Fund, also reported receiving $2.3 million from Musk.

However, according to the Washington-based nonpartisan nonprofit OpenSecrets, employees of companies owned by Musk have contributed far more to the Harris campaign than to Trump’s.

Stephen Schwarzman

The founder of global private equity firm Blackstone Group has endorsed Trump in this election, saying his support was a “vote for change.”