Trump could lose his billionaire donors to Ron DeSantis

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Trump could lose his billionaire donors to Ron DeSantis
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GOP mega donors are pulling their support from Trump and preparing to line DeSantis' pockets as soon as the governor declares a 2024 bid.

On Wednesday, a spokesperson for Ronald Lauder, who owns half of the Estée Lauder fortune, told CNBC that the billionaire won't help finance Trump's latest presidential campaign, joining four other top donors who are pulling away their financial support for his third White House bid.

Thomas Peterffy, founder of the Interactive Brokers Group Inc., said while he'd back Trump if the former president received the GOP nomination, he would do everything he could to make sure another Republican gets the coveted spot. And the Guardian reported that media mogul Rupert Murdoch had"made it clear to [Trump] that we cannot back another run for the White House."

Former President Donald Trump speaks to the media in Palm Beach, Florida, on November 8, 2022. Several of his mega donors have said they won't support him in his 2024 presidential campaign.

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