Packaging billionaires to help fund Trump campaign, FT reports

Packaging billionaires to help fund Trump campaign, FT reports
Packaging billionaires to help fund Trump campaign, FT reports

Hello and welcome to the details of Packaging billionaires to help fund campaign, FT reports and now with the details

Nevin Al Sukari - Sana'a - File photo of Republican presidential candidate and former US President Donald Trump reacting on stage during a campaign rally in Richmond, Virginia, US March 2, 2024. — Reuters pic

WASHINGTON, March 9 — Conservative billionaires Liz and Dick Uihlein will help fund Donald Trump’s campaign, giving the former president financial support as he seeks to catch a fundraising lead built by President Joe Biden, the Financial Times said today.

The Uihleins, who founded the Uline shipping and packaging company from their basement in 1980, had donated to the Republican primary campaign of Florida Governor Ron DeSantis, who dropped out of the race in January.

Uline did not immediately respond to a request for comment from Reuters.

The couple’s decision came after the former president won 14 out of 15 states in the Super Tuesday primaries and his last Republican rival, Nikki Haley, quit the race, the FT said.


Trump has fallen behind Biden in fundraising ahead of the November 5 general election. Trump’s cash holdings dropped to just over US$30 million (RM141 million) at the end of January, down from around US$33 million a month earlier, his campaign told the Federal Election Commission.

Biden, facing a less competitive process for his Democratic Party’s nomination, told the FEC his campaign ended January with about US$56 million in cash, up from US$46 million in December.

The Uihleins had each given US$1.5 million to DeSantis and Liz Uihlein told the FT she would give a similar amount to Trump.


The Wisconsin-based couple have given more than US$250 million to federal candidates and political groups since the 2016 election cycle, the FT said, citing the non-profit OpenSecrets. They backed Trump in the two previous elections, before seeking an alternative candidate to support for the 2024 race.

In an interview with the newspaper, Liz Uihlein said both Trump and Biden were already well-known to voters and she wondered how much donations helped at this stage.

“These two guys are very well-defined,” she told the FT. “I don’t understand why everybody has to give all this money.” — Reuters

These were the details of the news Packaging billionaires to help fund Trump campaign, FT reports for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at Malay Mail and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

PREV China to send fresh crew to Tiangong space station
NEXT France arrests eight in PKK financing probe

Author Information

I am Jeff King and I’m passionate about business and finance news with over 4 years in the industry starting as a writer working my way up into senior positions. I am the driving force behind Al-KhaleejToday.NET with a vision to broaden the company’s readership throughout 2016. I am an editor and reporter of “Financial” category. Address: 383 576 Gladwell Street Longview, TX 75604, USA Phone: (+1) 903-247-0907 Email: [email protected]