Billionaire Republican donor Thomas Peterffy wants to bet on someone he thinks can win the White House in 2024. But this year, he gave $2mn to a political action committee supporting Virginia’s governor Glenn Youngkin — who is not running for president.
Like other Republican megadonors, Peterffy fears frontrunner Donald Trump would lose in another run-off with Joe Biden. He does not love the former president’s primary rivals either. He told his friends not to back any other candidates until January, by which time he hopes the Virginia governor has changed his mind.
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