• 3 months ago
Billionaire Republican megadonor Miriam Adelson provides strong financial backing to former President Donald Trump in his 2024 bid for the White House. Her political aide, Andy Abboud, confirmed that Adelson is committed to doing "whatever it takes" to support Trump, though the exact amount of her contributions remains unspecified. Adelson, who previously contributed $90 million to Trump’s 2020 campaign, is expected to continue her significant financial support through the Preserve America super PAC. The PAC has already reserved $40 million in ads targeting Vice President Kamala Harris and aims to spend $60 million by Labor Day. Adelson’s endorsement of Trump is linked to her support for Israel's security and her prior policy wins under his administration.

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00:00It's Benzinga, and here's what's on the block.
00:03Billionaire Republican mega-donor Miriam Adelson is providing strong financial backing to former
00:07President Donald Trump in his 2024 bid for the White House.
00:11Her political aide, Andy Abood, confirmed that Adelson is committed to doing whatever
00:15it takes to support Trump, though the exact amount of her contributions remains unspecified.
00:19Adelson, who previously contributed $90 million to Trump's campaign in 2020, is expected
00:25to continue her significant financial support through the Preserve America Super PAC.
00:29The PAC has already reserved $40 million in ads targeting Vice President Kamala Harris,
00:34and aims to spend $60 million by Labor Day.
00:37Adelson's endorsement of Trump is linked to her support for Israel's security and her
00:41prior policy wins under his administration.
00:43For all things money, visit Benzinga.com.

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