Billionaire Warren Buffett said Wednesday that he will not support Vice President Kamala Harris or former President Donald Trump in the 2024 election.
Buffett, one of the world's richest men, has supported the Democratic Party in three of the past four presidential elections.
A memo posted on the 94-year-old businessman's website addresses “unauthorized claims” on social media that Buffett, chairman and CEO of Berkshire Hathaway, endorsed political candidates. ” was warned.
“Given the increased use of social media, a number of fraudulent claims have arisen regarding Mr. Buffett's endorsement of investment products and his endorsement or support of political candidates,” the paper said. short statement read.
“Mr. Buffett does not currently or will not endorse any investment products or endorse or support any political candidates.”
Buffett, known as the “Oracle of Omaha,” is one of the most accomplished and influential investors in American history.
His wealth is estimated to be around $145 billion, making him number 6 on Forbes magazine's “Real-Time Billionaires” list.
The Nebraska native's disapproval follows public support for Hillary Clinton's presidential campaign in 2016 and former President Barack Obama's presidential campaigns in 2012 and 2008.
Buffett did not support President Biden or President Trump in the 2020 election campaign.
The investor's statement came a day after The New York Times reported that fellow billionaire Bill Gates had donated $50 million to political groups supporting Harris as a presidential candidate.
The Microsoft founder, who has an estimated net worth of $162 billion, is one of 81 billionaires funding Harris' White House operations. According to Forbes.
Meanwhile, Trump has 50 billionaires backing him in his bid for the White House, most notably Tesla and SpaceX CEO Elon Musk.
