Big-money donors are beginning to coalesce around former President Donald Trump after he has become the presumptive GOP nominee as he attempts to close the cash-on-hand gap with President Biden, who recently set a high-dollar fundraising record.
This weekend in Palm Beach, Florida, Trump will take part in what is being billed as an “Inaugural Leadership Dinner” that includes several Republican high-profile donors and signals the beginning of a major push to cut into Biden’s cash-on-hand lead.
The event will be led by hedge-fund billionaire John Paulson and will be co-chaired by hedge fund tycoon Robert Mercer and his daughter Rebekah, oil tycoon Harold Hamm, hotelier Robert Bigelow and casino mogul Steve Wynn.
Bigelow and Hamm had previously funneled money to Florida Gov. Ron DeSantis in his ill-fated presidential run against Trump in the primary. Hamm previously donated to former U.N. ambassador Nikki Haley’s presidential campaign as well.
Scott Bessent, founder of the investment firm Key Square Group and former chief investment officer at George Soros’s Soros Fund Management, will also be co-hosting the event. Bessent has been rumored to be a potential cabinet nominee in a second Trump administration.
The event will also be attended by Chairman and Chief Executive Officer of Strategas Jason Trennert, one of Wall Street’s top thought leaders.
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