The 2024 GOP nomination race is seeing significant financial support for Nikki Haley from a roster of Silicon Valley billionaires and prominent Republican donors. Haley’s campaign received a substantial boost with a fundraising total of $41.6 million in the latter half of 2023, much of which came from anti-Trump billionaires.
Key organizations associated with Haley’s campaign, including SFA Fund Inc., Team Stand for America, Stand for America PAC, and Stand for America Inc., significantly contributed to her financial position. These groups collectively raised over $129 million in total receipts in 2023, with the bulk of funding coming from deep-pocketed supporters seeking an alternative to former President Trump.
Several notable donors have made substantial contributions to Haley’s campaign. Jan Koum, co-founder of WhatsApp, contributed $10 million to SFA Fund Inc. in 2023. Paul Singer, founder of Elliott Investment Management, donated $5 million to the fund in December 2023, marking the largest single donation of his career. Kenneth Griffin, founder and CEO of Citadel Investment Group, also contributed $5 million to the fund in December 2023.
Other significant donors include Patrick Ryan, chairman of Ryan Companies US Inc., and Shirley Ryan, CEO of Pathways.org, who each donated $2.5 million to the SFA Fund. Tim Draper, founder of Draper Associates, contributed $1 million to the fund, while James Davis, owner and chairman of New Balance, donated approximately $2.5 million.
These substantial contributions underscore the considerable financial support behind Nikki Haley’s bid for the 2024 GOP nomination, highlighting the diverse array of donors backing her campaign.
