Billionaire hedge fund manager Bill Ackman is reportedly leaning toward backing former President Donald Trump over President Joe Biden in the upcoming presidential election.
The Financial Times reported that Ackman — who has given heavily to Democrats in the past — is likely to make his endorsement of Trump on X in the near future.
Those close to Ackman told the publication that his “dislike for Biden far outweighed his ambivalence for Trump.”
Ackman, 58, signaled his support for Trump following the guilty verdict that the jury returned on Thursday in the Manhattan District Attorney’s Office’s highly controversial criminal case against Trump, which top legal experts have said was purely political persecution.
He commented on Florida Governor Ron DeSantis’ reaction to the verdict in the case, writing: “I think any objective person would have to agree with @GovRonDeSantis…
