Republican presidential candidate and former US Ambassador to the United Nations Nikki Haley listens as she is introduced at a campaign town hall meeting, in Salem, New Hampshire, USA, March 28, 2023.
Brian Snyder | Reuters
Nikki Haley, a former South Carolina governor and Trump administration official, soon emerged as a favorite of some wealthy donors as she pursued the Republican nomination in the 2024 presidential race.
Team Stand for America, a joint fundraising committee that raised cash for Haley’s presidential campaign, and two other pro-Haley PACs received more than two dozen donations from a variety of billionaires and wealthy executives. available in the first quarter, according to a new analysis by CNBC. campaign financial records.
According to the filing, oil magnate Harold Hamm, Wall Street giant Aryeh Bourkoff and New Balance owner Jim Davis are among the joint committee’s major donors.
A spokesperson for Haley’s campaign did not respond to a request for comment prior to publication.
Republican presidential candidate and former U.S. Ambassador to the United Nations Nikki Haley speaks in front of the New Hampshire state flag at a campaign event in Dover, New Hampshire, U.S., May 27 3 year 2023.
Brian Snyder | Reuters
Some of the biggest donors, however, remain on the sidelines of next year’s GOP primaries, some awaiting Florida Governor Ron DeSantis. Notification whether he will run for the White House. By contrast, longtime Republican candidate Vivek Ramaswamy loaned his campaign more than $10 million in the first quarter and relied on about $1 million in contributions from others, including at at least half a dozen wealthy donors, according to his campaign records.
Both Haley and Ramaswamy are trailing former President Donald Trump, according to the latest public polls. Fox News survey taken in late March shows Haley getting 3% support from Republican voters, while Ramaswamy holds at 1%. Trump received 54% of the participants’ support, while DeSantis received 24%. Polls survey just over 1,000 registered voters.
Major Republican donors are looking for a powerful resource replace for Trump, who could win the primaries and garner more voters in the general election against President Joe Biden, who has said he is planning to run for re-election.
Team Stand for America records show the group has received individual donations from wealthy donors ranging from $5,000 to $16,600. The joint fundraising committee raised more than $4.3 million, while Haley’s campaign itself brought in about $5.1 million, according to FEC filings. According to the filing, Team Stand for America transferred approximately $1.8 million to Haley’s campaign on March 31.
Nikki Haley, former US Ambassador to the United Nations and 2024 presidential candidate, speaks at the Conservative Political Action Conference (CPAC) at the Gaylord National Convention Center in National Harbor, Maryland, USA, March 3, 2023.
Sarah Silbiger | Reuters
Hamm, the executive chairman of oil and natural gas company Continental Resources, donated $16,600 to Team Stand for America last month, according to filings. Hamm supported former President Donald Trump in the 2016 election and later endorsed Trump-approved Pennsylvania Senate candidate Dr. Mehmet Oz. He told the Financial Times in a interview published last year that he doesn’t think Trump should run for re-election in 2024.
“Loyalty is important to us – it’s essential to leaders,” Hamm told the FT. “And I wish Trump could be so much more loyal to his people.” The FT said the former president skipped Hamm to become Secretary of Energy in his administration.
Hamm and his family are worth a combined $18.5 billion, according to Forbes.
Hamm isn’t the only former Trump ally to turn to Haley’s aid. Former Trump White House attorney Ty Cobb, who speak last year, the former president is a “deeply traumatized narcissist” who donated $5,000 to Haley’s joint fundraising committee.
Leonard Stern, CEO of real estate firm Hartz Mountain Industries, contributed the same amount as Hamm to Team Stand for America in March. Forbes says he has a net worth of $7.6 billion.
Stern, Cobb, and a spokesman for Hamm did not respond to a request for comment prior to publication.
Nikki Haley, former ambassador to the United Nations, during an event in Charleston, South Carolina, USA, on Wednesday, February 15, 2023.
Sam Wolfe | Bloomberg | beautiful pictures
According to one of Haley’s top supporters, Haley’s backing shows donors’ growing desire to back a candidate who can beat Biden in 2024. Haley appears to be making his word. calling for more moderate Republicans while creating a contrast to Trump. Since she announced her candidacy in February, Haley became Firstly announced the 2024 candidate to visit the southern border to showcase his immigration plans.
“If you look at the composition of donors at this stage of the game, you’ll see people who are Republican donors who often participate in presidential elections, who see her as a viable candidate will not only win the primaries but also the general election,” said Ozzie Palomo, co-founder of lobbying firm Chartwell Strategy Group and a fundraiser for Haley, said.
Other wealthy donors supporting Haley include Davis, the president of shoe company New Balance, who donated $16,600 to the general fundraising committee in late March. Davis and his family, who own nearly all of New Balance, have a net worth of $4.9 billion, according to Forbes.
A spokesperson for New Balance did not return a request for comment.
leader on Wall Street also played a role in helping Haley raise funds for the spike.
Bourkoff, CEO of investment giant LionTree, contributed $16,600 to Team Stand for America last month. Bourkoff has a history of donating to running Democrats, including Vice President Kamala Harris’s 2020 campaign and Biden’s successful White House campaign, according to data from OpenSecrets non-partisan. Bourkoff did not return a request for comment.
Jim Haskel, a partner at hedge fund giant Bridgewater Associates, gave the same amount to the committee in February.
The executives of Goldman Sachs, Susquehanna International Group, UBS Group and Tiger Management, were among other Wall Street leaders who donated to the Haley joint fundraising committee in the first quarter.
