After Trump Endorsement, Billionaires Swarm Florida Governor's Race

December 29, 2017

After Donald Trump appeared to endorse Ron DeSantis’ campaign for Florida governor last week, a handful of the biggest and most influential billionaires in Republican politics threw their support behind the three-term GOP congressman, upending the race in the nation’s biggest swing state.

The stable of billionaires and millionaires listed on DeSantis’ “Finance Leadership Team,” obtained by POLITICO, includes casino magnate Sheldon Adelson, hedge fund heiress Rebekah Mercer, investment tycoon Foster Friess and other donors who have funded the conservative Koch brothers’ network and President Trump’s campaign. Just last week, Trump weighed in on Twitter to say that DeSantis “would make a GREAT Governor of Florida.”

DeSantis has yet to formally announce his 2018 campaign for governor, but his intentions to seek the office became clear in May after he established a state political committee, called the Fund for Florida’s Future, that’s allowed to raise and spend unlimited soft money from corporate contributors.

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