Billionaire apparently donates $50 million to Trump's marketing campaign | EUROtoday

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Status: 21.06.2024 12:09

It is alleged to be the very best single donation ever made in a US election marketing campaign: According to media experiences, a billionaire is supporting former President Trump's marketing campaign with 50 million {dollars}. There are additionally giant donations for US President Biden.

Donald Trump can apparently rely on an especially beneficiant supporter in his election marketing campaign. According to US media, businessman Timothy Mellon donated 50 million US {dollars} to the help group MAGA Inc. Mellon transferred the cash straight the day after Trump's conviction within the trial for covered-up hush cash funds, reported NBC News.

According to the New York Times, the one donation is likely one of the largest sums ever paid in help of candidates. Thanks to the billionaire's beneficiant donation, MAGA Inc. recorded greater than 68 million US {dollars} (63.4 million euros) on the finish of May, the newspaper experiences.

Little is thought about Mellon. According to the Wall Street Journal, the 81-year-old inheritor to one of many richest US households lives a secluded life in Wyoming. He has been supporting conservative candidates and teams on a big scale for the reason that 2020 presidential election. He had already paid $25 million every to the foyer teams of Trump and unbiased candidate Robert F. Kennedy Jr.

Bloomberg spends $20 million on Biden

Since election campaigns within the US break the bank, candidates depend upon beneficiant supporters to achieve success. Trump is more likely to run because the Republican candidate towards incumbent US President Joe Biden in November.

Biden additionally collected donations for himself. According to the Washington Post, New York's former mayor Mike Bloomberg not too long ago paid a complete of $20 million to foyer organizations for Biden to help the Democrat's re-election. “I stood behind Joe Biden in 2020, and I'm proud to do so again,” Bloomberg commented on his donation to the newspaper.

French Gates: Can’t hold quiet this time

Biden can even rely on the help of US philanthropist Melinda French Gates within the election marketing campaign. The billionaire spoke out clearly in favor of the incumbent on the web service X. “I have never supported a presidential candidate. But this year's election has such a big impact on women and families that I cannot remain silent this time,” wrote the ex-wife of Microsoft founder Bill Gates.

Women deserve a pacesetter “who cares about the issues they face and who is committed to protecting their safety, their health, their economic strength and their ability to participate freely and fully in a functioning democracy.”

The distinction between Biden and former President Trump “couldn't be greater, and the stakes couldn't be higher.” She will vote for President Biden.

Abortion regulation as an election marketing campaign problem

At the top of May, French Gates introduced that she would donate one billion {dollars} to help ladies within the United States. At the start of June, she left the charitable basis she had based along with her former husband with $12.5 billion for her personal charitable work.

Through her group Pivotal, French Gates helps, amongst others, the Center for Reproductive Rights, which advocates for entry to contraception but in addition for the precise to abortion.

Abortion rights can be one of many central points within the election marketing campaign. President Biden's Democrats hope to capitalize on the dissatisfaction of many individuals with the Republicans' restrictions on abortion rights on the poll field.