For the first time, not a single Fortune 100 CEO has donated to a Republican presidential campaign, including former President Donald Trump's 2024 bid. This marks a significant departure from the historical trend of substantial business and executive support for Republican candidates. The shift is attributed to a desire to avoid appearing partisan in a polarized political climate. Additionally, Trump's anti-business instincts and his history of using state power against companies that oppose him have contributed to this reluctance. While some venture capitalists like David Sacks and Peter Thiel continue to support Trump, the broader business community remains silent. Despite this, top billionaire donors have already contributed $123 million to groups supporting Trump, according to recent Federal Election Commission filings. A mere six Fortune 100 CEOs contributed to either the Biden or Trump campaign in the homestretch of the 2020 election, and this trend appears to be gaining greater traction in this cycle.
Smart business leaders, considering how Trump has more than once shown he is willing to use the state to punish companies that upset him. https://t.co/EpsAL0h3Ic
Why CEOs like to STFU during election season - https://t.co/TS8wjRhRVt
Trump's a vengeful guy. Any CEO who speaks out against him risks putting his or her company in the government's crosshairs if Trump wins. I'm unsurprised the vast majority of big-company CEOs are saying nothing, even if their refusal to donate to Trump tells you what they think. https://t.co/zcfL7yKBCI
Zero—0–Fortune 100 CEOs donated to Trump but have they come out & said why? That he’s bad for the economy like 16 Nobel Prize Economists have said? Nope They’ve said nothing CEOs on that level-Fortune 100-should speak up Great point by @brianbeutler https://t.co/TlDKIjwEKl
The top 10 biggest billionaire donors are all longtime supporters of the former president, and they have already given $123 million to groups supporting Trump this cycle, according to the most recent Federal Election Commission filings. https://t.co/hME0FGfwqg
Today in @dealbook - CEOs mostly aren’t talking about the election this time around. Four years ago, they weighed in plenty on politics. Is that the exception or the norm? I pulled the numbers. https://t.co/0o5dFhT3sq
This reads like a great story for Trump (CEOs hate him!) at a time when Dems want people to see the videos of Trump promising rich donors he'll cut their taxes... https://t.co/pr3ozsefii
Trump’s anti-business instincts are pushing away America’s top CEOs https://t.co/r0lLbJGXA5
When VC bros like David Sacks and Peter Thiel back Donald Trump, that shows that Trump will be good for the economy. When all 100 Fortune 100 CEOs refuse to donate to Trump’s campaign, that shows that Democrats have become shills for big business.
A mere six Fortune 100 CEOs contributed to either the Biden or Trump campaign in the homestretch of the 2020 election, for fear of plunging their global brands into political controversy. That trend appears to be gaining greater traction in this cycle. https://t.co/pO6QTt73FW
For the first time, not a single Fortune 100 executive has donated to a Republican presidential campaign. But that's less about aversion to Trump than it is about avoiding the appearance of taking a side in an age of partisan polarization. https://t.co/pO6QTt73FW
Zero Fortune 100 CEOs Back Former President Donald Trump Read: https://t.co/D5CQ8xE6ad . . . #DonaldTrump | #usa | #steveschwarzman | #unitedstates | #WorldNews | #RepublicTV | #RepublicWorld
“Not a single Fortune 100 chief executive has donated to the candidate so far this year, which indicates a major break from overwhelming business and executive support for Republican presidential candidates dating back over a century.” https://t.co/AS1iMl0BRD
Trump is desperately courting CEOs, even asking them for bribes, and instead of campaigning on that, Democrats are excited about this? https://t.co/L1SGrUJhiB