No Fortune 100 CEOs Have Donated to Donald Trump Despite Being Historically Republican-Leaning

By Jace Dela Cruz

Jun 26, 2024 11:09 AM EDT

There are no Fortune 100 CEOs who have donated to former President Donald Trump this election cycle, according to data compiled by Yale professor Jeffrey Sonnenfeld. This group historically leans Republican. 

Faith & Freedom Coalition's Road to Majority Policy Conference Held In Washington, D.C.
WASHINGTON, DC - JUNE 22: Former U.S. President Donald Trump gestures to the crowd before delivering the keynote address at the Faith & Freedom Coalition's Road to Majority Policy Conference at the Washington Hilton on June 22, 2024 in Washington, DC.
(Photo : Samuel Corum/Getty Images)

Fortune 100 CEOS Are Not Supporting Donald Trump

The data reveals that corporate America's financial backing for Donald Trump has been minimal since he became the Republican nominee in 2016.

Trump also received no donations from Fortune 100 CEOs during his 2016 campaign against Hillary Clinton. In 2020, he secured support from only two Fortune 100 CEOs.

Around two-thirds of Fortune 100 CEOs are registered Republicans. However, many are not aligned with Trump's brand of politics. Sonnenfeld noted that top corporate leaders today, like many Americans, feel uneasy with either Trump or President Joe Biden.

He said many Americans essentially like or at least can tolerate one of them, but they really fear "the other."

READ NEXT: Donald Trump Secures Another $1.6 Billion Worth of Shares in Trump Media    

Donald Trump Faces Lowest Level of Corporate Support in the Republican Party History

Interestingly, major investors show more willingness to back Donald Trump than big-name CEOs. Steve Schwarzman of Blackstone is a prominent supporter. According to Sonnenfeld, Trump continues to face the lowest level of corporate support in Republican Party history. 

READ MORE: Joe Biden Administration Sanctions Hundreds of Companies to Choke Russia's Supplies of Military Technology  

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