Billionaire Bill Ackman endorses Trump in US presidential race

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Billionaire Bill Ackman endorses Trump in US presidential race
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Billionaire Bill Ackman endorses Trump in US presidential race

-Billionaire hedge fund manager Bill Ackman endorsed U.S. former President Donald Trump on Saturday in the Republican's rematch race against President Joe Biden, shortly after Trump was shot in the ear at a campaign rally.

Ackman's endorsement marks a change from 2021. After the attack by Trump supporters on the U.S. Capitol on Jan. 6, Ackman posted that Trump should"resign and apologize to all Americans." He said it would take another long-form post to lay out his thinking."I just haven't had the time nor felt the urgency to write the post as we are still a few months from the election," he said.

"I came to this decision some time ago as many X followers have already understood from my supportive posts of Trump and my criticisms of Biden," Ackman said. He has 1.3 million followers on X.

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