Dozens More Billionaires Supported Harris’ Campaign Over Trump

Billionaires favored Vice President Kamala Harris’ campaign over President-elect Donald Trump, according to Forbes’ analysis of campaign finance disclosures.

Eighty-three billionaires threw verbal or financial support behind Harris, while just 53 backed Trump, according to Forbes. Trump’s victory on election night came despite a massive financial disadvantage, with his campaign raising $388 million as of Oct. 16, compared to the nearly $1 billion the Harris campaign had collected.

A coalition of Harris’ wealthy backers wrote a letter in September explaining their support for her.

“With Kamala Harris in the White House, the business community can be confident that it will have a President who wants American industries to thrive,” the letter, first obtained by CBS News, read. “As a partner to President Biden, Vice President Harris has a strong record of advancing actions to spur business investment in the United States and ensure American businesses can compete and win in the global market. She will continue to advance fair and predictable policies that support the rule of law, stability, and a sound business environment, and she will strive to give every American the opportunity to pursue the American dream.”

Signatories of the letter included former Time Warner CEO Jeff Bewkes, former American Airlines President Robert Crandall, LinkedIn co-founder Reid Hoffman and “Shark Tank” star Mark Cuban. Other billionaires who supported Harris included Mike Bloomberg, Steven Spielberg, Sequoia Capital’s Michael Moritz, Google’s Eric Schmidt and Facebook’s Sheryl Sandberg, according to Forbes.