Greater than 250 billionaires and spouses of billionaires have made contributions to both Joe Biden or Donald Trump’s campaigns forward of Election Day, in line with an evaluation of Federal Election Fee filings. A few of them are neighbors, like fellow Greenwich, Connecticut resident Stephen Mandel Jr. (who donated to Biden) and Trump donor Linda McMahon, who’s married to Vince McMahon. Or Dallas neighbors, Margot Birmingham Perot, a Biden donor, and Kenny Troutt, who gave to Trump.
Some are rivals, like Ashley Furnishings founder Ron Wanek (a Trump donor), and Wayfair CEO Niraj Shah (a Biden donor). Some are even enterprise companions. Forbes discovered a small group of billionaire cofounders or coworkers the place at the very least one billionaire has donated to Trump whereas one other has donated to Biden.
Right here’s a better have a look at who they’re, and who they’re supporting.
Stephen Schwarzman (Trump) & Hamilton James and Jonathan Grey (Biden)
In 1985 Stephen Schwarzman based personal fairness big Blackstone with Peter Peterson (d. 2018) and grew it into the world’s largest buyout agency. Schwarzman, who nonetheless runs the enterprise as chairman and CEO, is one among Trump’s high supporters on Wall Road this election, contributing at the very least $3.7 million to committees supporting Trump, the Republican Nationwide Committee and a pro-Trump super-PAC. In the meantime, Blackstone’s heir-apparent—billionaire president and COO Jonathan Gray—has donated, together with his spouse, greater than $280,000 to joint fundraising committees supporting Joe Biden and the Democratic Social gathering.
Blackstone govt vp Hamilton “Tony” James, additionally a billionaire, has contributed to Biden’s marketing campaign and hosted at the very least one fundraiser for the previous vp this 12 months. “It’s not about how unhealthy Trump is, it’s about how good Joe Biden can be,” James said throughout a June fundraiser, in line with Biden pool stories. “Joe Biden would carry decency again to the White Home.”
Bernie Marcus (Trump) & Arthur Clean (Biden)
The pair cofounded Residence Depot in 1978 after being fired from their jobs at a regional ironmongery shop. Whereas they’re each nonetheless giant shareholders within the publicly-traded, $110 billion (gross sales) enterprise, they now not work collectively frequently. Arthur Blank is the proprietor of the NFL’s Atlanta Falcons, whereas Bernie Marcus focuses on philanthropy. A longtime GOP megadonor, Marcus has spent tens of millions supporting Trump’s reelection and lately shelled out $5 million to pro-Trump super-PAC Protect America. Clean has given over $300,000 to committees supporting Biden and the Democratic Nationwide Committee.
“Whereas they might have had very totally different factors of view on a lot of political points or candidates over the many years of their relationship, they respect and look after one another immensely,” a consultant for Clean tells Forbes. “Fairly frankly, their kinship needs to be a mannequin for America in a time like this.”
Ken Langone, one other billionaire Residence Depot cofounder, gave to Trump’s marketing campaign in 2016, and his spouse Elaine made a $5,000 contribution to Trump’s reelection in 2017, however Forbes has not discovered any contributions made by Langone himself to Trump or Biden this 12 months.
Peter Thiel (Trump) & Alex Karp (Biden)
Palantir Applied sciences chairman Peter Thiel spoke on the 2016 Republican Social gathering conference and gave $250,000 to a committee supporting Donald Trump and the RNC in 2016. However in line with FEC filings protecting contributions by October 14, Thiel hasn’t made any new contributions to Trump in two years. Thiel’s cofounder Alex Karp, in the meantime, lately gave $50,000 to a committee supporting Biden and the DNC. This isn’t the primary time the pair have been divided on a presidential race’s consequence. Karp, who described himself as a “progressive warrior” in a latest New York Times Magazine profile, donated to Hillary Clinton’s marketing campaign in 2016.
Douglas Leone (Trump) & Michael Moritz
Douglas Leone, who’s a managing associate at enterprise capital agency Sequoia, has donated to Republican causes for a few years, however didn’t give cash to Trump in 2016. That modified final 12 months, when he and his spouse contributed $100,000 to Trump Victory and one other $100,000 to pro-Trump super-PAC America First Motion. That spending places him at odds with fellow Sequoia billionaire Michael Moritz—and, actually, much of Silicon Valley’s billionaires. Moritz has indirectly contributed to Biden’s marketing campaign, however he has poured over $2 million into super-PACs just like the anti-Trump Lincoln Undertaking, and pro-Biden teams American Bridge PAC and Pacronym.