Billionaire Bill Ackman endorses Trump in US presidential race By Reuters

(Reuters) – Billionaire hedge fund manager Bill Ackman endorsed Donald Trump in the U.S. presidential race on Saturday.

“I just endorsed him,” Ackman posted on social media platform X after former President Trump was shot in the right ear during a campaign rally earlier Saturday. “But you know me. I write long posts on important topics. I want people to understand my thinking so it means more and helps others get to the right place,” Ackman said in response to an X user.

Ackman had considered endorsing Trump as recently as May, and had planned to announce his support on X, Reuters and other media outlets reported.

A spokesperson for Ackman did not immediately respond to Reuters’ request for comment.