Reid Hoffman, the billionaire co-founder of Linked-In, has donated $250,000 to SFA Fund Inc., the super PAC supporting Haley's campaign, according to the New York Times.
The outlet reports that Hoffman's political team had asked the super PAC if they would accept his donation and SFA Fund Inc. said yes.
While Haley is trailing Trump in the polls by a large margin, the former governor of South Carolina has been closing the gap on Florida Governor Ron DeSantis. The Haley campaign hopes to see that achievement come to fruition and the extra money will help the super PAC buy more television ads.
The billionaire businessman is a longtime Democrat donor and a supporter of President Biden. In addition to supporting Haley, Hoffman has financially backed a plethora of anti-Trump candidates and causes, The Times reports. He threw financial support behind writer E. Jean Carrol's lawsuit against Trump, which accused the former president of sexual assault and defamation.
Hoffman's donation was discovered after Jamie Dimon, the chief executive officer of JP Morgan Chase, urged high rollers on Wall Street to throw money behind Haley's campaign last week during the New York Times DealBook Summit.
"Even if you're a very liberal Democrat, I urge you, help Nikki Haley, too," Dimon said to a crowd full of Wall Street executives. "Get a choice on the Republican side that might be better than Trump."
On Monday, Donald Trump slammed Dimon's remarks in a fund-raising email and urged his supporters to "fight back" against "globalist donors."
"While globalist special interest donors from both parties forge an unholy alliance to beat us, I'm calling on our grassroots donors like YOU to fight back,” the email read.
Hoffman, who this year co-hosted a fundraiser in California for President Biden, has been exceptionally motivated to donate against Trump. In 2022, he contributed to Liz Cheney's campaign when she became one of the most outspoken anti-Trump leaders of the Republican Party, the outlet reports.
Furthermore, Hoffman donated $3.35 million to the anti-Trump group, the Republican Accountability Project. He also financially supports a non-profit organization called Defending Democracy Together which donated $500,000 to a super PAC that supports Republican Chris Christie's presidential campaign, according to the New York Times.
In a post on Linked-In earlier this year, Hoffman wrote that "supporting America against the threat of Trump" is one of his top priorities.
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