5 Billionaires Who Support Demographics Biden Didn’t Mention While Calling Out Political ‘Oligarchy’

President Biden is warning Americans about an “ultra-rich” “oligarchy” taking shape that poses a danger to the country, but in his farewell speech Wednesday night he made no mention of the many billionaires who have backed his campaigns in recent years.

Biden spoke of the “dangerous concentration of power in the hands of a very few ultra-wealthy people” and said that “an oligarchy of extreme wealth, power and influence is taking shape in America that literally threatens our entire democracy, our basic rights, freedoms and fair chances for all to progress.”

Here are five billionaires who recently endorsed President Biden:

1. George Soros

George Soros, the left-wing billionaire investor and philanthropist, sent $250,000 to Biden’s September 2023 victory fund. submissions reviewed by Fox News Digital show.

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Soros’ check followed the maximum contribution made directly to Biden’s campaign that summer. Soros and his son Alex, who recently took control of the Open Society Foundations network that funnels large amounts of money to left-leaning nonprofits and causes, both gave $6,600 to the Biden campaign on June 30.

During the last presidential election, George gave $500,000 to Biden’s victory fund while sending millions more to super PACs supporting him. In 2020, Alex added $721,300 to Biden’s victory fund.

On Thursday morning, Alex Soros shared an Instagram story with the caption of Biden and the message “Joe Biden warns of emerging ‘oligarchy’ in America in his latest White House address.”

2. Reid Hoffman

LinkedIn co-founder Reid Hoffman donated $699,600.00 on April 26, 2023 to the Biden Victory Fund, a joint campaign fundraising vehicle, according to Federal Election Commission (FEC) records.

Biden attended a fundraiser hosted by Hoffman on behalf of the super PAC at the private residence of Shannon Hunt-Scott and Kevin Scott in Los Gatos, California in June 2023.

3. Michael Bloomberg

Former mayor of New York, billionaire entrepreneur and media magnate Michael Bloomberg contributed almost 20 million dollars to help boost President Biden in his 2024 rematch with former President Trump, sources confirmed to Fox News last year.

Bloomberg, a former Republican-turned-independent-turned-Democrat, wrote a massive $19 million check to Future Forward PAC, known as FF PAC, which was the leading super PAC supporting Biden’s bid for a second term in the White House. House.

4. Howard Schultz

Former Starbucks CEO Howard Schultz announced in 2020 that he would vote for Biden that year and would contribute to the former vice president’s campaign.

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“In my view, our election in November is not just about one candidate over another,” Schultz wrote in a letter to supporters at the time. “We choose to vote for the future of our republic.”

Schultz went on to say, “What is at stake is democracy itself: Checks and balances. Rigorous debate. Free press. Acceptance of facts, not ‘alternative facts’.” Faith in science. Confidence in a strong judicial system in preserving all our rights to life, liberty and the pursuit of happiness.

5. Tom Steyer

In 2020 Biden reportedly brought in $4 million during a virtual fundraiser organized by a small group of Silicon Valley billionaires and other donors.

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The virtual event was held by Climate Leaders for Biden, a group of environmental activists that includes billionaire and former Democratic presidential candidate Tom Steyer, according to the invitation.