Haley’s big donors include investor Paul Singer. Trump’s include a Mellon heir and an oil tycoon.

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Wealthy Americans have been voting for White House hopefuls with their wallets, and the latest disclosures reveal their big contributions to the candidates’ main super PACs.

These political action committees are allowed to take in unlimited amounts from individuals, corporations, labor unions and other PACs.

Former President Donald Trump’s super PAC is called Make America Great Again Inc., while his Republican rival Nikki Haley has SFA Fund Inc., with SFA short for Stand For America. President Joe Biden’s main super PAC is Future Forward, also known as FF PAC.

The top donor to Trump’s super PAC in 2023 was Timothy Mellon, an heir to the Mellon banking fortune who contributed $10 million during the year. Other big donors were former WWE Chief Executive Linda McMahon, who served in Trump’s cabinet, and Patricia Duggan, whose ex-husband was the former CEO of Pharmacyclics, a biotech company that was bought out for $21 billion in 2015. Their donations are shown in the chart below.

Top 2023 donors to super PAC backing Trump

Name

Amount given in 2023

Home state

Brief bio

Timothy Mellon

$10,000,000

WY

Heir to banking fortune

Linda McMahon

$5,250,000

CT

Former WWE CEO

Patricia Duggan

$5,250,000

FL

Ex-wife of former Pharmacyclics CEO

Timothy Dunn

$5,000,000

TX

Oil tycoon

Diane Hendricks

$5,000,000

WI

Co-founder of roofing-supply company

Source: Filing with FEC to meet a Jan. 31, 2024, deadline

Another notable 2023 donor to MAGA Inc., who gave a smaller but still sizable amount, was Home Depot
HD,
+2.01%

co-founder Bernie Marcus. He made a contribution of $1 million, according to a disclosure filed with the Federal Election Commission to meet a Wednesday deadline.

The top donor to Haley’s super PAC in 2023, contributing a total of $10 million, was Jan Koum, the co-founder of WhatsApp, which is now owned by Facebook parent Meta Platforms
META,
+1.19%
.

Behind him were hedge-fund founders Ken Griffin and Paul Singer, who each gave $5 million, according to SFA Fund Inc.’s Wednesday disclosure.

Related: Ken Griffin’s spokesperson says he gave $5 million to super PAC backing Nikki Haley

Top 2023 donors to super PAC backing Haley

Name

Amount given in 2023

Home state

Brief bio

Jan Koum

$10,000,000

CA

Co-founder of WhatsApp

Ken Griffin

$5,000,000

IL

Hedge-fund founder

Paul Singer

$5,000,000

NY

Hedge-fund founder

James Davis

$2,505,000

MA

Owner of shoe company New Balance

Patrick G. Ryan

$2,500,000

MN

Chair of construction company

Shirley W. Ryan

$2,500,000

IL

Wife of founder of insurance giant Aon

Source: Filing with FEC to meet a Jan. 31, 2024, deadline

Other notable 2023 donors to Haley’s super PAC were venture capitalist Tim Draper and Warren Stephens, CEO of financial firm Stephens Inc., who each gave more than $2 million.

From MarketWatch’s archives (April 2023): Hedge-fund billionaire Paul Singer still sees dangerous ‘bubble securities, bubble asset classes’ in markets

The top donor to Biden’s super PAC in 2023, giving $2.5 million, was hedge-fund founder James Simons, as shown in the chart below, which is based on Future Forward’s filing on Wednesday.

Top 2023 donors to super PAC backing Biden

Name

Amount given in 2023

Home state

Brief bio

James Simons

$2,500,000

NY

Hedge-fund founder

Fred Eychaner

$2,000,000

IL

Owner of radio stations

Jeffrey Katzenberg and family trust

$2,000,000

CA

Hollywood mogul

LIUNA PAC

$1,000,000

DC

Political arm of laborers union

Jeff Worthe

$1,000,000

CA

Real-estate executive

Deborah Simon

$1,000,000

IN

Heir of shopping-mall mogul

Source: Filing with FEC to meet a Jan. 31, 2024, deadline

Now read: Trump leads Biden in 7 swing states and is favored on handling the economy: poll

And see: Haley says Trump’s new 10% tariff would mean ‘raising taxes on every single American’



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