Skip to main content

Sign up for our newsletter.

Quality journalism. Progressive values. Direct to your inbox.

Blackstone CEO Steve Schwarzman. (Photo: Jim Watson/AFP/Getty Images)

Blackstone CEO Steve Schwarzman. (Photo: Jim Watson/AFP/Getty Images)

Trump's Top Ten Billionaire Enablers

Trump didn’t get here on his own. Many have enabled him, especially the billionaires who funneled money his way and then stood by as he damaged our democracy.

Chuck CollinsOmar Ocampo

 by Inequality.org

We've heard plenty about the GOP members of Congress and Trump political appointees who have “enabled” Donald Trump over these four years, failing to act to stem his excesses.

But what about the billionaire donors to Trump’s campaign and his victory PACs?  Especially those who gave substantial donations in 2019 and 2020, when it was clear that Trump was causing a crisis in our democracy?

Unlike those who gave to the 2016 campaign but distanced themselves from Trump after seeing him in action, will there be any accountability for these most recent billionaire enablers of Donald Trump who saw what damage he caused–but still stood by him?

These are the billionaires who already received their whopping individual and corporate tax cuts in 2017. Yet, empowered with their money, continued to contribute to Trump for four more years.

Watch for our forthcoming IPS report and reporting on “Trump’s Billionaire Enablers.”  But here are a few initial findings:

The Institute for Policy Studies identified 63 U.S. billionaires who gave a combined $33 million to the Trump Victory Fund in the last two years. Trump Victory was a joint fundraising account for the Trump 2020 campaign and the Republican National Committee.


This work is licensed under a Creative Commons Attribution-Share Alike 3.0 License.
Chuck Collins

Chuck Collins

Chuck Collins is a senior scholar at the Institute for Policy Studies where he co-edits Inequality.org, and is author of the new book, "Born on Third Base: A One Percenter Makes the Case for Tackling Inequality, Bringing Wealth Home, and Committing to the Common Good."  He is co-founder of Wealth for the Common Good, recently merged with the Patriotic Millionaires. He is co-author of "99 to 1: The Moral Measure of the Economy" and, with Bill Gates Sr., of "Wealth and Our Commonwealth: Why America Should Tax Accumulated Fortunes."

Omar Ocampo

Omar Ocampo is a researcher for the Program on Inequality and the Common Good. He graduated from the University ofMassachusetts Boston with a B.A. in Political Science and holds a Masters in International Relations from the American University in Cairo. His thesis focused on the politics of international oil and humanitarian intervention in Libya.

... We've had enough. The 1% own and operate the corporate media. They are doing everything they can to defend the status quo, squash dissent and protect the wealthy and the powerful. The Common Dreams media model is different. We cover the news that matters to the 99%. Our mission? To inform. To inspire. To ignite change for the common good. How? Nonprofit. Independent. Reader-supported. Free to read. Free to republish. Free to share. With no advertising. No paywalls. No selling of your data. Thousands of small donations fund our newsroom and allow us to continue publishing. Can you chip in? We can't do it without you. Thank you.

'Bombshell': Israeli Spyware Used to Hack iPhones of US State Department Officials

Calling the Israel-based spyware maker NSO Group an "in-plain-sight national security threat," one expert warned that "a multi-agency investigation is immediately needed."

Jessica Corbett ·


US Progressive Caucus Hails Honduran Election as Chance for 'New Chapter' in Relations

"We encourage the Biden administration to use this opportunity to make a clean break with previous presidential administrations, which worked to ensure that the 2009 coup d'état succeeded."

Brett Wilkins ·


'The Facts of This Case Are So Egregious': Parents of Michigan School Shooter Charged in Killings

"There were a lot of things that could have been so simple to prevent," the Oakland County prosecutor said of the mother and father now being sought by law enforcement.

Kenny Stancil ·


Health Minister Says 'Highly Transmissible' Omicron Hitting Young Children Hard in South Africa

In South Africa's worst-affected province, children under the age of five now make up the second-largest group being admitted to hospitals.

Julia Conley ·


Groups Tell UN Food Agency to Ditch 'Toxic Alliance' With Pesticide Association

"This partnership with CropLife is in direct conflict with FAO's mandate as a U.N. institution to fulfill human rights to health, adequate food, clean water and environment, and safe working conditions."

Kenny Stancil ·

Support our work.

We are independent, non-profit, advertising-free and 100% reader supported.

Subscribe to our newsletter.

Quality journalism. Progressive values.
Direct to your inbox.

Subscribe to our Newsletter.


Common Dreams, Inc. Founded 1997. Registered 501(c3) Non-Profit | Privacy Policy
Common Dreams Logo