An anti-Trump group backed by billionaires Reid Hoffman, Seth Klarman and John Pritzker is launching a $50 million ad campaign featuring disaffected Trump voters—while some conservative billionaires coalesce behind the former president as it’s become clear he’ll secure the GOP nomination.
🔸Republican Voters Against Trump🔸, which is funded by the 🔹Republican Accountability PAC, 🔹aims to raise $30 million, in addition to the $20 million it’s already raised, for an advertising campaign featuring 👉videos of former Trump voters explaining why they won’t cast their ballots for him again this year, its founder #Sarah#Longwell told the New York Times.
#Reid#Hoffman, co-founder of LinkedIn and a prolific Democratic donor, is one of the Republican Accountability PAC’s biggest backers, donating $2 million in both January and June last year, according to Federal Election Commission filings that show his $4 million accounts for half of what the group raised last year.
#Seth#Klarman, who runs the Boston-based Baupost hedge fund and is a vocal Trump critic who has donated to both parties, gave $1 million to the group in May last year.
#John#Pritzker, of the billionaire family that founded Hyatt hotels, gave a total of $1 million to the group through two $500,000 donations in June and November last year.
Founded during the 2020 campaign, Republican Voters Against Trump is ramping up its anti-Trump efforts as the former president is now the de facto Republican nominee.
♦️Meanwhile, conservative billionaires are lining up behind Trump ♦️, including shipping and packing company founders #Liz and #Dick#Uihlein, the Financial Times reported this weekend,
and aerospace billionaire #Robert#Bigelow, according to Politico—all previous donors to Florida Gov. Ron DeSantis’ failed presidential campaign.
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