Megadonor Ron Lauder: No More Money For Trump

CNBC reports:

Billionaire and GOP megadonor Ronald Lauder won’t help finance Donald Trump’s 2024 campaign for president, his spokesman told CNBC on Wednesday. Lauder, an heir to the Estée Lauder fortune, is the latest Republican megadonor to distance himself from Trump as the former president launches a third bid for the White House.

Lauder has known Trump since college, and the two have been close for years. Lauder spoke to Trump while he was president about the idea of the U.S. buying Greenland. Lauder joins Blackstone CEO Steve Schwarzman, Citadel CEO Ken Griffin and wealthy businessman Andy Sabin, who have said they won’t back Trump’s new campaign.

Read the full article. Lauder’s mother was Estée Lauder.