Donald Trump doesn’t get money from Elon Musk.But these billionaires will open their wallets

The development comes as Elon Musk announced that he “will not donate to any candidate.”

On March 2, 2024, in Richmond, Virginia, the United States, Republican presidential candidate and former US President Donald Trump gestured on stage at a campaign rally. — Reuters

Billionaires Liz Uihlein and Dick Uihlein have decided to fund the Republican candidate’s campaign, the Financial Times reported on Saturday. )’s presidential campaign provides a major boost.

The couple founded Uline Shipping and Packaging in their basement in 1980 and donated to the Republican primary campaign of Florida Gov. Ron DeSantis, who dropped out of the race in January.

Their decision comes after the former president won 14 of 15 states in Super Tuesday primaries and his last Republican opponent, Nikki Haley, dropped out of the race. Financial Times the report said.

The development comes as tech mogul Elon Musk announced on X on Wednesday that he will not “donate to either candidate” in the 2024 presidential election.

Trump trails Biden in fundraising ahead of the Nov. 5 election.

Trump’s cash holdings fell to just over $30 million at the end of January, down from about $33 million a month ago, his campaign told the Federal Election Commission.

Biden, who is less competitive for the Democratic nomination, told the Federal Election Commission that his campaign had about $56 million in cash as of January, up from $46 million in December.

The Uihleins each donated $1.5 million to DeSantis, Liz Uihlein told the media Financial Times She would also donate a similar amount to Trump.

The Wisconsin couple has donated more than $250 million to federal candidates and political groups since the 2016 election cycle. Financial Times To quote the non-profit organization OpenSecrets. They supported Trump in the first two elections and then looked for alternative candidates to support the 2024 race.

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In an interview with the newspaper, Liz Uihlein said that both Trump and Biden are already well-known to voters, and she wanted to know how much donations would help at this stage.

“These two people have very clear personalities,” she told reporters. Financial Times. “I don’t understand why everyone has to donate so much money.”

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By Ali Raza

I am a dedicated and skilled News Content Writer with a passion for delivering accurate and engaging stories to a diverse audience. With a solid background in journalism and a keen eye for detail, I bring a commitment to excellence and a deep understanding of the evolving media landscape.

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