Former Disney, Marvel exec Ike Perlmutter plans major donation to back Trump for president

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US President Donald Trump shakes Ike Perlmutter, CEO of Marvel Entertainment, hand before signing an executive order at the US Department of Veterans Affairs April 27, 2017 in Washington, DC.

Brendan Smialowski | AFP | Getty Images

Ike Perlmutter, the former chairman of Marvel Entertainment at Disney, is planning a massive donation to back former President Donald Trump’s 2024 run for president, according to his spokesman.

Perlmutter has yet to decide how much he plans to donate toward Trump’s run, but the businessman’s spokesman said Thursday the financial support would be “meaningful.”

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Perlmutter and Trump have been close for over two decades. Perlmutter has previously donated $10.5 million toward a pro-Trump super PAC during the 2020 election cycle, according to Federal Election Commission records. Perlmutter’s wife also gave $10.5 million to the same PAC, records show.

Perlmutter also acted as an outside advisor to then-President Trump on issues related to the Department of Veterans Affairs, according to ProPublica.

The former Marvel boss, who has a net worth of just over $3 billion, is so far one of the wealthiest backers of Trump’s 2020 campaign. Many megadonors who once supported the ex-president are seeking alternatives following the Jan. 6, 2021 pro-Trump riot on Capitol Hill and some lackluster 2022 midterm election results.

The Trump-allied Make America Great Again super PAC will likely receive money from Perlmutter. The super PAC came into this year with just over $54 million on hand and so far has spent over $19 million on TV and digital ads.

Trump is currently leading in the Republican primary polls, well ahead of his second place rival in Florida Republican Gov. Ron DeSantis.

Perlmutter’s decision to back Trump again over his Republican rivals could represent another blow to DeSantis. Some of the governor’s donors become concerned with the trajectory of his campaign. Perlmutter donated over $250,000 to a state-level PAC that backed…

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