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Billionaires Elon Musk And Ken Griffin Donate $100,000 Each To Victims Of Trump Rally Shooting

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Updated Jul 16, 2024, 05:42am EDT

Topline

Elon Musk and hedge fund billionaire Ken Griffin appear to have donated $100,000 each to a GoFundMe set up to support the victims and families of those injured or killed in a shooting at aDonald Trump rallySaturday that killed one person and left several with injuries, including the former president.

Key Facts

The fund, created two days ago byMeredith O'Rourke,the finance director of the Trump campaign, has raised $4.7 million—several times its $1 million goal.

Major donors to thecampaigninclude Musk ($100,000); Griffin ($100,000); billionaire casino mogul Steve Wynn ($50,000); Florida Gov. Rick Scott and his wife, Ann ($50,000); the conservative Heritage Foundation ($50,000); UFC President Dana White ($50,000); Kid Rock ($50,000); former Republican presidential nomination contender Vivek Ramaswamy ($30,000); Ben Shapiro ($15,000) and the conservative news website Shapiro founded, the Daily Wire ($15,000).

The fundraising page claims to have been authorized by Trump and will support those wounded or killed in Saturday's "brutal and horrific assassination attempt." Griffin onSunday calledthe attempted assassination of Trump a "tragic and disturbing day in America" and denounced political violence, calling Americans "fortunate to have the right to peacefully resolve our political differences by casting our votes.”

Griffin, the founder of the Miami-based hedge fund firm Citadel,has donatedto conservative causes and candidates in the past, including Trump’s chief 2024 primary rival former South Carolina Gov. Nikki Haley, but has so far refrained from donating to Trump’s 2024 campaign.

In May, he saidhe was waitingto see who Trump chooses to run as his vice presidential running mate before deciding whether to donate (Trump on MondayannouncedSen. J.D. Vance, R-Ohio, as his running mate).

Representatives for Griffin Catalyst, the philanthropic civic engagement initiative founded by Griffin last year, did not immediately respond to Forbes’ request for comment Monday.

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Forbes Valuation

Griffin is worth an estimated $38 billion as of Monday and isranked by Forbesas the world's 40th-richest person. In additional to his hedge fund, he founded Citadel Securities in 2002, which has since become one of the largest market-making firms in the world, responsible for one of every five stock trades in the U.S. He has donated more than $2 billion to philanthropic causes, and the graduate school of arts and sciences at Harvard, his alma mater, bears his name.

Key Background

Shots were firedat Trump on Saturday as he spoke at a campaign rally in Butler, Pennsylvania. Trump can be seen on video ducking behind a podium before being swarmed bySecret Serviceagents, who then escort the former president off stage as he pumps his fist in the air with blood visible on the side of his face. Trump’s injuries were minor, but one supporter was shot and killed, and two others were seriously injured. The suspected shooter, a 20-year-old namedThomas Matthew Crooks,was killed by Secret Service agents. Authorities have not yet discovered a motive for the attack. In the wake of the shooting, several billionaires stepped up to express support for the former president or echo calls for a deescalation of campaign rhetoric and condemn political violence. Tesla founderElon Musk,the world's richest person, tweeted, "I fully endorse President Trump and hope for his rapid recovery." Amazon founderJeff Bezospraised Trump for showing "grace and courage under literal fire" and several others issued statements decrying the violence, includingMark Cuban,Tim Cook,Mark ZuckerbergandMarc Benioff.

Further Reading

ForbesWhat We Know About The Attempted Assassination Of Donald Trump
ForbesTrump Joins Growing Calls For RFK Jr To Receive Secret Service ProtectionForbesSuspected Trump Shooter Remembered By Rifle Team Member As 'Comically Bad Shot': What We Know About Thomas Matthew CrooksForbesSecret Service Under Scrutiny: Homeland Security Secretary Calls Rally Shooting A 'Failure'ForbesTrump's Net Worth Jumps $1 Billion After Assassination Attempt
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