Hedge fund founder John Paulson is hosting a high-dollar fundraiser next month to benefit Donald Trump’s presidential campaign that is drawing some of the Republican Party’s wealthiest donors, according to an invitation obtained by CNN.
The April 6 event, slated to be held in Palm Beach, Florida, is a sign that some ultra-rich GOP figures who remained on the sidelines during the primary season – or backed other candidates – are coalescing behind the former president, now that he is the party’s presumptive nominee and scrambles to catch up with President Joe Biden and Democrats in the funding race.
“I am pleased to support President Trump in his re-election efforts,” Paulson said in a statement provided to CNN. “His policies on the economy, energy, immigration and foreign policy will be very beneficial for the country.”
“We are receiving an overwhelming amount of support from donors,” Paulson added. “This support, along with the landslide victory he achieved in the primaries, shows his strong support amongst Americans.”
Co-chairs of the “Inaugural Leadership Dinner” in Palm Beach include hedge fund billionaire Robert Mercer and his daughter Rebekah; oil tycoon Harold Hamm; hotelier and space entrepreneur Robert Bigelow; and casino mogul Steve Wynn. Bigelow had earlier backed Florida Gov. Ron DeSantis’ political ambitions before committing to support Trump earlier this year.
The Mercers had been big Republican donors – and major backers of Trump’s 2016 campaign – before taking a lower profile in politics during the 2020 cycle. Other co-chairs on the invitation include Todd Ricketts, whose family owns the Chicago Cubs and helped lead Republican National Committee fundraising efforts during Trump’s White House tenure; and longtime Trump allies, such as New York Jets…
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