Billionaire Nelson Peltz gives two reasons why he is backing Trump over Biden in 2024 rematch

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Billionaire investor Nelson Peltz weighed in on the 2024 presidential election between incumbent President Biden and Republican challenger and former President Donald Trump.

Billionaire investor Nelson Peltz will likely back former President Trump over President Biden in their prospective 2024 general election rematch this November, he said Tuesday. Peltz, 81, cited the ongoing migrant crisis and Biden’s mishandling of the U.S.-Mexico border as the reasons why he was choosing to back Trump. "It will probably be Trump and I'm not happy about that," Peltz said during an interview with the Financial Times on Tuesday.

" ELON MUSK EXPLAINS WHY HE'S RINGING THE 'ALARM BELL' ON ILLEGAL IMMIGRATION: 'CRUSHING THE COUNTRY' Peltz supported Trump in 2020 but withdrew his support after the Capitol riot on Jan. 6, 2021, which he has publicly said were incited by Trump. In Jan. 2021, Peltz accused Trump of inciting violence in Washington, D.C. and said that he was "sorry" for supporting Trump. During the Financial Times interview, Peltz addressed this past criticism.

 

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