While Schwarzman disavowed Trump in 2022, he crawled back to support him in 2024. Other Wall Street billionaires who disavowed Trump after the January 6, 2021 capital insurrection, like Nelson Peltz and Bill Ackman, are also backing him now. Schwarzman has spent millions backing his friend Donald Trump, and he served as a top economic advisor to Trump during his presidency. The Oklahoma-based Continental Resources is among the very top independent oil producers in the U.S. On top of that, he also owns X (formerly Twitter), one of the world’s biggest social media platforms. While Schwarzman is known for his outlandish birthday parties and global collection of mansions, as well as among the world’s biggest landlords and a fossil fuel profiteer, he’s also made a splash through donating tens of millions of dollars into politics. Now Tim Dunn, who made his billions off the West Texas fracking boom, is going national, donating $5 million to pro-Trump Super PAC, funding a Trump-aligned think tank, and vying for influence in a potential second Trump administration. Hamm has been corralling oil billionaire support for Trump. As it became apparent that Kamala Harris would replace Joe Biden as the Democratic nominee, Hoffman, who had donated a whopping $10 million to a pro-Biden and Harris super PAC, said he was "redoubling" his support for babu88 Harris.