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Billionaire SoulCycle Investor Defends Holding Trump Fundraiser After Backlash

  • Luncheon at Stephen Ross’s home has drawn boycott threats
  • Equinox, SoulCycle issue statements distancing themselves
Bloomberg business news
SoulCycle Investor Backs Trump
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Stephen Ross, the owner of the Miami Dolphins and an investor in Equinox gyms and SoulCycle, defended his decision to hold a Donald Trump fundraiser, saying he likes to “engage directly and support the things I deeply care about.”

After reports of a planned Trump luncheon at Ross’s home in New York’s Hamptons drew boycott threats and criticism from within his own businesses, the billionaire said he engages with political leaders out of “deep concern for creating jobs and growing our country’s economy.”