Economics/Class Relations

GOP megadonors ditch Donald Trump’s 2024 White House run

WASHINGTON — More and more big-money bundlers are abandoning former President Donald Trump’s bid to return to the White House in 2024 in favor of rising GOP stars like Florida Gov. Ron DeSantis.

Billionaire cosmetics heir Ronald Lauder “has no plans to support Trump,” his spokesman told The Post Wednesday.

Lauder, 78, contributed just under $100,000 to the Republican National Committee when it was backing the 76-year-old Trump’s reelection effort in 2019, according to the website OpenSecrets. He also donated $2,700 directly to Trump in November 2017, the maximum allowed at the time under federal law.

Lauder’s spokesman did not say whom he might back in 2024, but OpenSecrets also indicates that the billionaire gave $200,000 to DeSantis’ first gubernatorial campaign in 2018. Official Florida campaign finance records also show Lauder gave another $10,000 to the Friends of Ron DeSantis PAC in July of 2021.

Lauder’s rejection of the 45th president comes after two more New York-based billionaires, metal mogul Andy Sabin and private equity CEO Stephen Schwarzman, spoke out against Trump.


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