Warren Buffett says he won't back any candidate ahead of election
Billionaire Warren Buffet indicated he will not support either candidate for president in a memo released on his company's website Wednesday.
“In light of the increased usage of social media, there have been numerous fraudulent claims regarding Mr. Buffett’s endorsement of investment products as well as his endorsement and support of political candidates,” the release said.
“Mr. Buffett does not currently and will not prospectively endorse investment products or endorse and support political candidates,” it added.
The non-endorsement contrasts with Buffet’s engagement in previous elections. He publicly backed Hillary Clinton in 2016 and former President Obama in 2012 and 2008.
Buffet joins a string of businessmen including Jamie Dimon and Bill Gates who have also refused to publicly endorse either candidate. However, reports from the New York Times suggest that Dimon and Gates privately support Vice President Harris.
Gates allegedly donated $50 million in personal funds to fuel the Harris campaign while his ex-wife came out publicly endorsing the Democratic nominee in late July.
Elon Musk has been the most high-profile billionaire backing Trump, however, a number of wealthy GOP donors who once criticized the former president are now back in his corner.
Harris currently has a 1 percentage point lead over former President Trump, with that lead narrowing in recent days, according to The Hill/Decision Desk HQ’s average of national polls.
Date: |
Topics
-
Business - MarketWatch
Warren Buffett isn’t endorsing any candidates even as other billionaires back Trump or Harris
4 hours ago - Donald Trump -
Top stories - NBC News
Warren Buffett — worried about impersonators — says he doesn't endorse candidates or investments
7 hours ago -
Business - CNBC
Warren Buffett — worried about impersonators — says he doesn't endorse candidates or investments
4 hours ago -
Business - Inc.
Warren Buffett Shares the Single Decision That Makes or Breaks Your Path to Success
Yesterday -
Top stories - The New York Times
A Candidate for U.S. Senate Says He Was Shot in War. Was He?
5 days ago -
Top stories - CBS News
Trump supporters concerned about election fraud, Bill Gates says privately he's backing Harris
5 hours ago - Donald Trump -
Top stories - CBS News
Trump won't say if he's spoken to Putin, but "if I did, it's a smart thing"
October 15 - Donald Trump -
Business - Financial Times
Scandal-hit Sinn Féin on back foot ahead of Irish elections
October 14 -
Business - CNBC
Warren Buffett's Berkshire Hathaway hikes its SiriusXM stake to 32% after Liberty deal
October 14
More from The Hill
-
Politics - The Hill
Where the Senate races stand
28 minutes ago -
Politics - The Hill
Swalwell ad shows family sending Trump to nursing home
33 minutes ago - Donald Trump -
Politics - The Hill
Biden administration finalizes 'zero tolerance' lead paint dust standard
39 minutes ago - Joe Biden -
Politics - The Hill
Criticism from ex-Trump officials piles up ahead of Election Day
49 minutes ago - Donald Trump -
Politics - The Hill
Harris requests permit for political event on Ellipse 1 week from election
55 minutes ago
Latest in Politics
-
Politics - NBC News
Harris' closing argument will focus on 'contrast' between her and Trump: Harris campaign co-chair
20 minutes ago - Kamala Harris -
Politics - NBC News
Chuck Todd: Harris has ‘decided to close on’ democracy message as ex-Trump official sounds warning
27 minutes ago - Donald Trump -
Politics - The Hill
Where the Senate races stand
28 minutes ago -
Politics - The Hill
Swalwell ad shows family sending Trump to nursing home
33 minutes ago - Donald Trump -
Politics - The Hill
Biden administration finalizes 'zero tolerance' lead paint dust standard
39 minutes ago - Joe Biden