More Billionaires backing Kamala Harris Than Trump
By MYBRANDBOOK
Today is the D-day as US prepares to choose its leader for the 60th time. But, Kamala Harris is reportedly receiving more support from billionaires compared to Donald Trump.
Several factors explain this pivot. Many elite backers are drawn to Harris's positions on technology regulation, climate change, social equity, and economic stability, all of which align with forward-looking investment and sustainability interests. Billionaires connected to tech, finance, and renewable energy sectors, in particular, see in Harris a candidate whose policies could support long-term growth in these fields. Her views on climate change and economic inclusivity, for example, have resonated with business leaders who are increasingly focused on sustainability and diversity.
In contrast, Trump’s policies, including tax cuts for high-net-worth individuals and deregulation, previously attracted significant support from wealthy Americans. However, his polarizing stance on issues like immigration and international trade, coupled with an aggressive regulatory approach towards certain industries, has cooled enthusiasm among some billionaires. Additionally, Trump’s approach has sometimes been at odds with sectors dependent on stable global markets and free flow of talent, particularly in technology.
This growing list of billionaire backers is also symbolic of broader shifts in the billionaire class, as younger and more progressive billionaires in tech and finance emerge as influential voices. These individuals are seen not only as advocates for economic policies that benefit their industries but also as patrons of societal issues like education, healthcare, and social justice.
Ultimately, the backing of billionaires could provide a financial and symbolic boost to Harris’s campaign. This alignment also suggests a possible shift in how political donations and influence from the ultra-wealthy may shape the upcoming election and future policy directions in the U.S.
While Elon Musk stands firmly in support of Donald Trump, his endorsement highlights the divide among billionaires and tech leaders in this election cycle. Musk's backing reflects his alignment with Trump’s deregulatory approach and advocacy for free-market principles. However, with other billionaires leaning towards Kamala Harris for her progressive stance on issues like climate action and economic equity, the U.S. electorate faces a choice that could indicate whether the public aligns more with Musk’s vision or favors a new direction. Only the election will reveal the country’s decision.
Nazara and ONDC set to transform in-game monetization with ‘
Nazara Technologies has teamed up with the Open Network for Digital Comme...
Jio Platforms and NICSI to offer cloud services to government
In a collaborative initiative, the National Informatics Centre Services In...
BSNL awards ₹5,000 Cr Project to RVNL-Led Consortium
A syndicate led by Rail Vikas Nigam Limited (abbreviated as RVNL), along wi...
Pinterest tracks users without consent, alleges complaint
A recent complaint alleges that Pinterest, the popular image-sharing platf...
TEJAS NETWORKS INDIA PVT. LTD.
WIPRO LTD.
FIRE BOLTT
SAMRIDDHI AUTOMATIONS PVT. LTD.
ICONS OF INDIA : VINAY SINHA
Vinay Sinha is the Managing Director of Sales for the India Mega Regio...
Icons Of India : MADHABI PURI BUCH
Madhabi Puri Buch is the first-female chairperson of India’s markets...
Icons Of India : Bhavish Aggarwal
Indian entrepreneur Bhavish Aggarwal is the CEO of Ola, India’s larg...
GeM - Government e Marketplace
GeM is to facilitate the procurement of goods and services by various ...
DRDO - Defence Research and Development Organisation
DRDO responsible for the development of technology for use by the mili...
ECIL - Electronics Corporation of India Limited
ECIL is distinguished by its diverse technological capabilities and it...
Indian Tech Talent Excelling The Tech World - Steve Sanghi, Executive Chair, Microchip
Steve Sanghi, the Executive Chair of Microchip Technology, has been a ...
Indian Tech Talent Excelling The Tech World - AJAY BANGA, President - World Bank
Ajay Banga is an Indian-born American business executive who currently...
Indian Tech Talent Excelling The Tech World - ANJALI SUD, CEO – Tubi
Anjali Sud, the former CEO of Vimeo, now leads Tubi, Fox Corporation...