Anti-Trump Super PAC Financier Turns Supporter With $500K Donation To MAGA Inc

A super PAC, made up of former aides and allies of Donald Trump, has reportedly raised over $40 million but there has been a churn in big contributors.

What Happened: Make America Great Again (MAGA) Inc’s biggest contributor has been Trump’s political action committee — Save America, according to a filing made with the Federal Election Commission, first noted on CNBC.

However, there are also nine other individual contributors who have forked over more than $900,000 to the super PAC. An earlier FEC filing, dating back to October, seven donations from six businessmen and one company totaling up to more than $3 million for MAGA.

A recent large donation — $500,000 — was from BPH Properties, which is an Alabama-based business run by real estate magnate Luther S. Pate, IV, noted CNBC.

The contribution was received on Nov. 9 days after Pate published photos of him and Trump together at Mar-a-Lago on Facebook, the former president’s Palm Beach club.

Notably, during Trump’s first presidential run in 2016, Pate financed an anti-Trump super PAC, We The People Foundation, reported CNBC.

Why It Matters: The foundation’s archived website says “America is great! Trump is disgusting.” The PAC also reportedly ran full-page anti-Trump advertisements in newspapers in Mexico and South Korea, according to a 2016 NBC News report. 

The latest megadonors to MAGA Inc came just as other supporters decided not to back Trump’s 2024 shot at becoming president. The donors that have walked away include Blackstone CEO Steve Schwarzman, Citadel CEO Ken Griffin, and billionaire Ronald Lauder, according to CNBC.

The latest wave of supporters reportedly includes Houston Rockets owner Tilman Fertitta, real-estate executive Murray Goodman and recycling tycoon Anthony Lomangino.

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