Skip to content
Subscriber Only
Businessweek
Politics

Wall Street Helps Ron DeSantis Amass a Hefty War Chest for 2022

Florida’s governor has raked in millions from donors like Ken Griffin and Thomas Peterffy, who calls DeSantis his “favorite man.”

Florida Governor Ron DeSantis

Florida Governor Ron DeSantis

Photographer: Cliff Hawkins/Getty Images
Updated on

When it comes to the likely Republican presidential candidates in 2024, Wall Street’s money is on Florida Governor Ron DeSantis—not former President Donald Trump, who’s been teasing another run at the White House.

A fifth of the $55 million that DeSantis has raised this year came from hedge fund billionaires, private equity bankers, investment managers, and other finance industry donors. Trump, who got less than 2% of his 2020 reelection funds from Wall Street, has raised the bulk of his $100 million war chest from small-dollar donors.