The Jewish-American billionaire Bill Ackman announced tonight (between Saturday and Sunday) his public support for Donald Trump as a candidate for the presidency of the United States, this after the assassination attempt on the former president, during an election rally in Pennsylvania.
The support of Ackman, the founder of the Pershing Square Capital Management hedge fund, is a reference to his attitude to the US political arena. Ackman was known for his support of the Democratic Party, and was a regular donor to it for many years. Among other things, he donated to the party’s presidential candidates Barack Obama and Al Gore. As you remember, in January 2024, Ekman purchased 5% of the shares in the Tel Aviv Stock Exchange, as a step to encourage the Israeli economy.
The billionaire and investor wrote on his X account: “I came to this decision a while ago, as many of my followers realized from my pro-Trump posts and my criticism of Biden. These days, when someone announces an intention to support Trump, Biden supporters who know me tend to assume I lost it. I I promise that I made this decision carefully, logically, and relying on as much empirical data as possible.”
Although Ackman did not directly link his support for Trump to the shooting incident, his words come after his growing criticism of the Democratic Party, since the events of the seven-day event in October. He was one of the prominent people who called for the resignation of the president of “Harvard”, Claudine Gay, when he sent a letter to a member of the university’s administrators, in which he called for her removal. At the beginning of the year, Ekman retired from the Democratic Party for good.
Ackman joins a number of supporters who have announced they will support the Republican candidate, mostly for reasons related to his tax policies. The list includes Elon Musk, who wrote that he “fully supports the president”, as well as Miriam Adelson, who announced that she plans to donate $100 million to his campaign.