President Trump held court with some of the wealthiest Republican donors in the country Saturday night
PALM BEACH, Fla. — President Donald Trump held court with some of the wealthiest Republican donors in the country Saturday night at the latest stop on his post-impeachment victory tour: a lavish fundraising dinner at the waterfront estate of billionaire Nelson Peltz.
Peltz, who has an estimated net worth of over $1.5 billion and is currently on the board of Procter & Gamble and serves as the non-executive chairman of Wendy’s, has been friends with Trump for decades, and the two have dined together at Trump’s Mar-a-Lago club or at the Peltz residence in Palm Beach over the years.
The Trump campaign and the RNC are building a financial advantage over the Democratic National Committee and most of the Democratic presidential candidates; Trump and his party raised a combined $463 million in 2019. Here in Palm Beach, where the business ventures of the wealthy residents are often big, national brands, there has been hesitation among some big Republican donors to do anything drawing a connection between their companies and Trump. But there has also been competition among some of the island’s richest people, like Peltz and Bill Koch, to host the president for major events.
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