Three of Trump’s biggest billionaire donors in 2020 aren’t giving much this year

Some of Donald Trump’s biggest billionaire donors ahead of the 2020 election have kept their wallets almost closed this year.

Miriam Adelson and her husband Sheldon have disclosed spending $ 218 million on federal campaigns and causes in 2020. But Sheldon passed away in January, and so far Miriam has only donated $ 5,000 in 2021.

Marvel Entertainment chairman Ike Perlmutter and his wife Laura donated $ 24 million in 2020, according to Federal Election Commission records. That was enough to make him the ninth-biggest billionaire donor of the last cycle. Longtime neighbor of Trump’s Mar-a-Lago in Palm Beach, Fla., Perlmutter’s ties to Trump run deep. Laura Perlmutter donated $ 1 million to the infamous Donald J. Trump Foundation, that the New York attorney general shut down for illegal abuse of charitable funds in 2018. When Trump ruled the country, he would have gave the comic book mogul an informal oversight role over the Department of Veterans Affairs. Now that Trump is out of power, the Perlmutters only donated $ 33,200 in 2021, with the money to a Congressman and Senate candidate who both expressed support for the former president.

Kelcy and Amy Warren both made a large donation to Trump in 2020. In 2017, Trump’s executive order paved the way for the completion of construction of the Dakota Access Pipeline, owned by Kelcy Warren oil and gas pipeline company. , Energy Transfer. After Trump won the election, Energy Transfer shares soared nearly 30% between November 9, 2016 and the day of the inauguration in January 2017. Prior to the 2020 election, the Warrens paid $ 14 million. dollars, according to FEC records. This year, they donated just $ 56,800, supporting Republicans and West Virginia Senator Joe Manchin, a moderate Democrat.

Even though donors haven’t disbursed large sums of money so far this year, they may come back to the spirit of giving when the mid-terms arrive next year. And even more money could come in 2024, especially if Donald Trump returns to the polls.

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