Billionaire Republican megadonor Miriam Adelson is committed to supporting former President Donald Trump’s bid for the White House, indicating a willingness to provide substantial financial backing. According to her political aide, Andy Abboud, whatever resources the GOP presidential nominee needs from Adelson to win will be made available. “We’re going to do whatever it takes for him to win,” Abboud confirmed in a phone interview with CNBC. While the exact amount of Adelson’s financial contribution remains unspecified, the efforts aim to surpass the over $100 million spent against President Joe Biden during the 2020 election, as reported by David Carney, a senior advisor to the Preserve America super PAC.
The super PAC, which Adelson is funding, has already allocated over $40 million for television ads criticizing Vice President Kamala Harris and supporting Trump in key states like Michigan, Pennsylvania, and Wisconsin. The total ad spend is projected to reach $60 million by Labor Day. Adelson, who is worth over $28 billion and owns a significant share of Las Vegas Sands, has a history of being one of Trump’s top financiers. During a recent event in New Jersey, she urged Jewish voters to back Trump, emphasizing his support for Israel, a sentiment bolstered by Trump’s decision to move the U.S. embassy to Jerusalem during his presidency.
Despite internal tensions reported by The New York Times regarding Preserve America’s management, Adelson shows no signs of halting her financial support. Her commitment remains crucial as Trump seeks re-election in 2024. Adelson and her late husband, Sheldon, have previously shown significant influence in GOP circles, having donated $200 million to Republicans in the 2020 election cycle.
Original Story https://www.cnbc.com/2024/08/16/donald-trump-miriam-adelson-campaign-funding.html
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