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Election 2024 Haley
Republican presidential candidate former UN Ambassador Nikki Haley speaks at a campaign event in Conway, S.C., Sunday, Jan. 28, 2024. (AP Photo/Matthew Kelley)

Republican megadonor Ken Griffin gave $5 million to super PAC backing Nikki Haley

After initially staying out of the 2024 presidential race, billionaire hedge fund manager Ken Griffin has thrown his support behind Nikki Haley as she takes on Donald Trump for the Republican presidential nomination

By MICHELLE L. PRICE
Published - Jan 30, 2024, 04:52 PM ET
Last Updated - Jan 30, 2024, 04:52 PM EST

NEW YORK (AP) — After initially staying out of the 2024 presidential race, billionaire hedge fund manager Ken Griffin has thrown his support behind Nikki Haley as she takes on Donald Trump for the Republican presidential nomination.

Griffin made two contributions in December and January to a super PAC backing Haley's campaign totaling $5 million, according to Zia Ahmed, a spokesman for Griffin’s Citadel hedge fund.

The second donation was made in early January, before the Iowa caucuses in which Haley finished third behind Trump and Florida Gov. Ron DeSantis.

The donations were disclosed Tuesday after Griffin mentioned earlier in the day while speaking at an investment conference in Miami that he had supported Haley. But it wasn't clear if he plans to continue supporting Haley, who lost by double digits last week to Trump in New Hampshire, a state where she was seen as having her best shot at stopping Trump's march to the nomination.

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