Billionaires Favored Kamala Harris in 2020 How Many Support Her in 2024?

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Create a high-resolution illustration that features a crowd of affluent, distinguished billionaires in tailored suits and elegant dresses, gathered in a luxurious room with lavish decor. In the center, there Billionaires Favored Kamala Harris in 2020. How Many Support Her in 2024?

Billionaires Favored Kamala Harris in 2020. How Many Support Her in 2024?

Kamala Harris, the current Vice President of the United States, began her 2020 presidential campaign with a significant financial disadvantage. At the outset, she was $32 million behind Donald Trump in cash. Despite this, Harris's campaign quickly garnered substantial financial support from billionaires, which played a crucial role in helping her gain traction in a crowded Democratic primary.

Financial Support in 2020

One notable aspect of Harris’s financial backing was her ability to attract billionaire supporters. Here are some of the key figures who contributed to Joe Biden's 2020 campaign:

  • Sakurako Fisher (wife of William Fisher)
    No donations to Biden in 2020; spouse's net worth: $1.5 billion; source of wealth: Gap.
  • Penny Coulter (wife of Jim Coulter)
    Donations to Biden in 2020: $2,800; spouse's net worth: $4.6 billion; source of wealth: Private equity.
  • Ann Tenenbaum (widow of Thomas Lee)
    No donations to Biden in 2020; spouse's net worth: $1.9 billion; source of wealth: Private equity.
  • Cathy Lasry (wife of Marc Lasry)
    No donations to Biden in 2020; spouse's net worth: $1.9 billion; source of wealth: Hedge funds.
  • C. Dean Metropoulos
    No donations to Biden in 2020; net worth: $2.9 billion; source of wealth: Investments.
  • George Lucas
    Donations to Biden in 2020: $5,600; net worth: $5 billion; source of wealth: The Force.
  • Nabila Khashoggi (wife of James Chambers)
    Donations to Biden in 2020: $2,300; net worth: $3.9 billion; source of wealth: Media, automotive.
  • Marc and Lynne Benioff
    No donations to Biden in 2020; net worth: $9.0 billion; source of wealth: Business software, Salesforce. (Marc Benioff emphasized that they do not financially support or endorse any politicians.)
  • Drew Houston
    Donations to Biden in 2020: $2,800; net worth: $1.8 billion; source of wealth: Cloud storage service, Dropbox.
  • Kristy Clark (wife of James Clark)
    Donations to Biden in 2020: $5,600; spouse's net worth: $4.2 billion; source of wealth: Netscape, investments.
  • Marta Hall (wife of David Hall)
    Donations to Biden in 2020: $1,628; spouse's net worth: Less than $1 billion; source of wealth: Automotive technology.
  • Chris and Crystal Sacca
    Donations to Biden in 2020: $11,200; net worth: Less than $1 billion; source of wealth: Investments.
  • Craig Newmark
    Donations to Biden in 2020: $5,600; net worth: Less than $1 billion; source of wealth: Craigslist.

While Joe Biden did not accept contributions from tycoons with ties to the oil and gas industry, the support from other billionaires provided a crucial influx of cash to his campaign. Harris, on the other hand, has a history of connecting with wealthy donors which may have contributed to her eventual role as Biden's running mate.

Support for Harris in 2024

As the 2024 presidential election approaches, questions arise about how many of these billionaire supporters from the 2020 campaign will back Kamala Harris if she decides to run for president. Her ability to attract financial support from affluent donors will be crucial given the high costs associated with running a presidential campaign.

Moreover, Harris has shown she can generate significant grassroots support. For instance, she raised an impressive $100 million in the 24 hours after Joe Biden endorsed her as his running mate in 2020. This displays not only her popularity among wealthy donors but also among the everyday voter.

The Road Ahead

While it remains to be seen how many of these billionaires will support her in 2024, Harris's previous success in securing donations from affluent sources points to a potentially well-funded campaign. Balancing this with grassroots enthusiasm will be key to succeeding in another competitive Democratic primary.

As Harris navigates the political landscape ahead of the 2024 elections, the backing of influential billionaires could serve as a significant advantage. Their contributions can bolster campaign efforts, ensuring she remains a prominent figure in the race. Whether past supporters will continue to provide the financial backing she enjoyed previously remains an open question, but the likelihood is bolstered by her proven track record of securing high-profile endorsements and contributions.

I provide expert consulting services in market research, program management, cybersecurity, data center management, Generative AI, and backup and recovery systems.

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