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President Biden warns Americans that an “ultra-rich” “oligarchy” is taking shape that poses a danger to the country, but did not mention in his farewell speech Wednesday night the many billionaires who have supported in his campaigns in recent years.
Biden spoke of the “dangerous concentration of power in the hands of a few ultra-wealthy people” and said that “an oligarchy of extreme wealth, power and influence is forming in America that literally threatens our entire democracy, the our basic rights. freedoms and a fair chance for everyone to get ahead.”
Here are five billionaires who have recently endorsed President Biden:
1. George Soros
George Soros, a left-wing billionaire investor and philanthropist, sent $250,000 to the Biden Victory Fund in September 2023. documents reviewed by Fox News Digital.
BIDEN WARNS OF “ULTRA RICH” “OLIGARKY” DESPITE ACCEPTING DONATIONS FROM DEMOCRATIC MEGA-DONORS
President Biden awarded George Soros the Medal of Freedom in early January. (Getty Images)
Soros’ check followed a top contribution directly to the Biden campaign that summer. Soros and his son Alex, who recently took control of the Open Society Foundations network that funnels large sums of money to left-wing nonprofits and causes, pushed $6,600 into the Biden campaign on June 30 .
During the last presidential election, George provided $500,000 to the Biden Victory Fund while sending millions more to super PACs supporting him. Alex added $721,300 to the 2020 Biden Victory Fund.
2. Reid Hoffman
Reid Hoffman, co-founder of LinkedIn gave $699,600.00 on April 26, 2023 to the Biden Victory Fund, the campaign’s joint fundraising vehicle, according to Federal Election Commission (FEC) records.
Biden attended a fundraiser that Hoffman hosted on behalf of the super PAC at the private residence of Shannon Hunt-Scott and Kevin Scott in Los Gatos, California, in June 2023.
3. Michael Bloomberg
Former New York City Mayor, billionaire businessman and media mogul Michael Bloomberg brought in nearly $20 million to help propel President Biden in his 2024 rematch with former President Trump, sources confirmed to Fox News last year.
US President Joe Biden, former New York Mayor Michael Bloomberg and former US President Donald Trump attend the annual 9/11 commemoration ceremony at the National 9/11 Memorial and Museum on 11 September 2024 in New York City. (Michael M. Santiago/Getty Images)
Bloomberg, a lone Republican-turned-independent-turned-Democrat, wrote a massive $19 million check to Future Forward PAC, known as FF PAC, which was the leading super PAC supporting Biden’s candidacy for a second term at the White. house
4. Howard Schultz
Former Starbucks CEO Howard Schultz announced in 2020 that he would vote for Biden that year and contribute to the former vice president’s campaign.
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“In my view, our election this November is not just about one candidate over another,” Schultz wrote in a letter to the followers of the moment. “We are choosing to vote for the future of our republic.”
Schultz went on to say, “What’s at stake is democracy itself: checks and balances. Rigorous debate. A free press. An acceptance of facts, not ‘alternative facts.’ Belief in science. A strong judicial system to preserve all our rights to life, liberty and the pursuit of happiness.
Former Starbucks CEO Howard Schultz testifies before the Senate Health, Education, Labor and Pensions Committee in the Dirksen Senate Office Building on Capitol Hill March 29, 2023, in Washington, DC, Schultz had previously endorsed President Biden. (Anna Moneymaker/Getty Images)
5. Tom Steyer
In 2020, Biden contributed $4 million during a virtual fundraiser organized by a small group of Silicon Valley billionaires and other donors.
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The virtual event was organized by Climate Leaders for Biden, a group of environmental activists that includes billionaire and former Democratic presidential candidate Tom Steyer, according to an invitation.
