Trump's Billionaire Buddies Rally Behind Former President, Raise $54 Million Within 24 Hours After Verdict. Silicon Valley Investor Says Election Will Determine America's Fate as a 'Banana Republic'
Wealthy Republican donors are rallying behind Donald Trump following his criminal conviction. Trump's campaign raised nearly $53 million in the 24 hours after the verdict. Miriam Adelson is expected to donate a large sum to a pro-Trump PAC. Silicon Valley investor David Sacks suggested that the central issue in the upcoming election is whether the American people stand for the USA becoming a Banana Republic." Hedge fund manager Bill Ackman, who previously criticized Trump's actions after the US Capitol riot, is now expected to announce his support for the former president in the coming days. Trump's campaign saw a boost in April and tends to receive more donations during key moments in his legal battles.