Billionaire Bill Ackman donates $1 million to this leader for challenging Biden
Hindustan TimesBillionaire investor Bill Ackman said he’s contributing $1 million to support Minnesota Representative Dean Phillips to become the Democratic nominee in the 2024 presidential election. Bill Ackman, CEO of Pershing Square Capital Phillips is a long-shot challenger to President Joe Biden in his reelection bid. “I am doing so because I believe that Dean Phillips would be a truly outstanding President of the United States, and I believe he has a credible path to winning the nomination despite what the oddsmakers may think,” Ackman, 57, said in a post on the social media platform X late Saturday. “As Dean rises in the polls and Biden deteriorates, the Democratic party is going to having to choose a candidate that can beat the Republican nominee,” Ackman wrote in his post.
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