Billionaire GOP megadonor Jeff Yass's firm, Susquehanna International Group, was the largest institutional shareholder of Digital World Acquisition Corp., which merged with Trump Media & Technology Group, owner of Truth Social. Yass's firm owned a 2% stake worth about $22 million, but it's unclear if they still hold those shares. Yass is also a major shareholder in ByteDance, the owner of TikTok, and was expected to donate to a group backing Trump, though he denies ever donating to Trump or having plans to do so.
Pennsylvania billionaire Jeffrey Yass' firm, Susquehanna, is the largest institutional shareholder in the company that merged with Truth Social, Donald Trump's social media platform. This connection between a powerful GOP megadonor and the presumptive Republican nominee has raised eyebrows. Trump stands to gain over $3 billion from the merger, approved by shareholders, and the new company, Trump Media & Technology Group, will trade under the ticker DJT. Yass, a Republican megadonor, has not donated to Trump's campaign but has donated to other GOP candidates. The recent meeting between Yass and Trump has sparked speculation about potential financial pressure on Trump and his efforts to court Yass.
Harlan Crow, a Republican megadonor and friend of Supreme Court Justice Clarence Thomas, has a private collection that includes Nazi memorabilia, paintings by Adolf Hitler, and statues of dictators such as Mussolini and Stalin, according to the Washingtonian. Crow's gifts to Thomas, including trips on private planes and yachts, have come under scrutiny, with critics accusing Thomas of breaking the law regarding the declaration of gifts. Thomas has denied any wrongdoing, but news of Crow's far-right memorabilia is likely to add to his embarrassment.
