Blackstone CEO and billionaire Steve Schwarzman has said he will vote for Donald Trump in the upcoming US presidential election.
Schwarzman also said he would donate to Trump and several Republican Senate candidates. Axios.
Schwarzman is a longtime Republican and supported Trump during his first term.
Blackstone is a major investment and real estate company. According to Yahoo Finance, the company has a market capitalization of $148.84 billion. It also has over $1 trillion in assets under management. Schwarzman is the chairman, CEO, and co-founder of Blackstone.
Amid rising anti-Semitism, Schwarzman votes for 'change'
Schwartzman said. Axios He said he was voting for Trump because he wanted “change,” adding that the rise in anti-Semitism in the United States also influenced his decision.
“The dramatic rise in anti-Semitism has made me focus with even greater urgency on the outcome of the upcoming election,” Schwarzman said.
Schwarzman also said the United States under President Joe Biden is heading in the “wrong direction.”
“I share the concerns of most Americans that our economy, immigration and foreign policy are leading the country in the wrong direction. For these reasons, I will vote for change and support Donald Trump for president. Additionally, I will support Republican Senate candidates and other Republicans,” Schwarzman said.
Schwarzman supports Trump Axios He noted that Blackstone remains a bipartisan firm. Blackstone's chief operating officer, president and successor, John Gay, is a Biden supporter and a major Democratic donor. Similarly, Tom Nides, a former U.S. special envoy to Israel in the Biden administration, serves as Blackstone's vice chairman for strategy and client relationships.
Silicon Valley investors are against Biden: Report
News of Blackstone's Schwarzman endorsement of Biden comes at a time when Silicon Valley investors are also reportedly speaking out against Biden.
President Trump has long been shunned by Silicon Valley and the US corporate world for his hardline policies, inflammatory rhetoric, and instigation of the mob that stormed the US Capitol on January 6, 2021, but that now appears to be changing.
Prominent Silicon Valley venture capitalists David Sachs and Chamath Palihapitiya have already announced their support and funding for Trump. The New York TimesMoreover, even people who don't openly support Trump are criticizing Biden.
Marc Andreessen of Andreessen Horowitz and Sean Maguire of Sequoia Capital have reportedly criticized Biden but stopped short of endorsing Trump, while Keith Rabois of Khosla Ventures is focused on electing Republicans.
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