CNBC reported on Thursday that Reid Hoffman, the renowned left-wing billionaire who had been contributing funds to GOP presidential candidate Nikki Haley, has ceased his financial backing following her defeat to former President Donald Trump in the New Hampshire primary. A reliable source familiar with the matter revealed that LinkedIn founder Reid Hoffman has decided to halt his support for Haley’s campaign.
“Hoffman is one of Haley’s first wealthy donors to start heading for the exit after she said Tuesday that she would remain in the GOP’s nomination contests against” Trump, the outlet noted.
A Republican fundraiser, who spoke to CNBC on Wednesday, revealed that three clients who had previously contributed up to $100,000 to support Haley’s campaign have decided to withdraw their further financial support for the former United Nations ambassador.
Furthermore, other fundraisers mentioned on Wednesday that despite their intention to publicly endorse Haley, they are uncertain about their ability to raise significant funds for her campaign. This uncertainty stems from her current record of not achieving success in her previous two endeavors, as reported by the outlet.
It is worth noting that Hoffman, who is known for supporting Democratic candidates, made a substantial contribution of $250,000 to a pro-Haley superPAC last year, as reported by The New York Times. In October, he expressed his belief that while he supports President Joe Biden, Haley has the best chance of defeating Trump.
Wait a second, did Trump just say the person suing him is "running for office?” Is he confused again? I was not in a New York City courtroom yesterday, any more than I was in charge of security at the Capitol on January 6. I was in South Carolina meeting with voters. They’d like… https://t.co/Y72NYHKVtz
— Nikki Haley (@NikkiHaley) January 26, 2024