Peter Thiel, Gay Republican Billionaire, Won't Donate to 2024 Candidates: Report
Thiel, once a major supporter of Donald Trump, won't contribute to candidates in 2024, sources say.
April 26, 2023
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Thiel, once a major supporter of Donald Trump, won't contribute to candidates in 2024, sources say.
The retail company says the money it gave to the Republican and Democratic Governors Associations cannot be used to back candidates.
The work these groups do will be critical during a second Trump Administration.
Loeffler, currently fighting for her political life, donated to an adoption agency that won't place children with queer parents.
Hollywood producer and real estate tycoon Steve Bing will donate the largest sum to fight California's proposed gay marriage ban from the entertainment industry. Bing will give $500,000 to No on Proposition 8, according No on 8 political strategist Chad Griffin. His donation will also be the largest non-LGBT gift to the campaign.
"You needed me to be a stronger ally in the fight for equal rights and I let you down," CEO Bob Chapek wrote in a memo to employees.
The CEO of Target told shareholders Wednesday that the company would remain neutral on a proposed anti-marriage equality amendment in Minnesota, the state where Target is based.
Thiel, who supported Trump in 2016, has said he wouldn't donate to any campaign this year, although he could change his mind.
Chairman Adam Levin and CEO Nathan Coyle address questions raised by a recent Women's Wear Daily story.
The birthplace of the modern LGBTQ+ movement is pausing sales of some beers during Pride week.
But Thiel did not report on Trump's activities, sources say.
The retail giant has thrown its funds behind both of the governors associations for Republicans and Democrats, and that's raised hackles of some.