Citadel CEO Ken Griffin Donates $5 Million to Super PAC Supporting Nikki Haley's Presidential Bid
ICARO Media Group
The spokesperson for Griffin's company confirmed this news.
Griffin's generous contribution was made to the SFA Fund, a super PAC that operates independently from Haley's campaign but can raise and spend unlimited funds to support her. In a statement to CNBC, Griffin expressed his confidence in Haley's leadership, foreign policy credentials, and policy priorities, stating that America would benefit from having someone like her in the White House.
The announcement of Griffin's donation came shortly after he voiced his support for Haley during an interview at the Managed Funds Association conference in Miami. Despite his endorsement of Haley, Griffin also praised Donald Trump, acknowledging some concerns about Trump's behavior but highlighting the potential for enhanced global security under his leadership.
It is worth noting that Griffin's significant financial support for Haley's campaign comes at a crucial time as she faces a challenging path to securing the Republican nomination. In the Iowa caucus, Haley placed third behind Trump and Florida Governor Ron DeSantis. She then placed second in the New Hampshire primary, trailing behind Trump after DeSantis dropped out.
Haley's upcoming primary in her home state of South Carolina, scheduled for February 24, poses yet another hurdle, with recent polls showing her trailing Trump by nearly 30 percentage points. However, Griffin's substantial donation to the super PAC supporting Haley's campaign could potentially give her the resources needed to mount a more competitive race.
Griffin's support for Republican candidates extends beyond Haley. His contributions include a $10 million donation to a super PAC supporting Pennsylvania Senate candidate Dave McCormick, as well as a $5 million donation to a super PAC backing Montana Senate hopeful Tim Sheehy, who aims to unseat Democratic incumbent Senator Jon Tester. Sheehy may still face a primary challenge from GOP Representative Matt Rosendale.
Ken Griffin, with an estimated net worth of $37 billion according to Forbes, continues to actively prioritize economic freedom and a strong defense of the United States at home and abroad. As the Republican Party's nominee for President remains undecided, Griffin remains dedicated to supporting House and Senate candidates who align with his vision.
This significant contribution by Ken Griffin illustrates the ongoing role that wealthy donors play in American politics, particularly during election cycles. With millions of dollars now backing her campaign, Nikki Haley will have a greater opportunity to gain momentum and compete against her opponents in the race for the Republican nomination.