Heiress Abigail Disney has announced that she will resume her donations to the Democratic Party following President Joe Biden’s decision to withdraw from the 2024 presidential race. Disney, whose grandfather co-founded The Walt Disney Company, had previously stated that she would halt contributions until Biden was replaced as the party’s nominee.
In an email to CNBC, Disney confirmed her renewed support, stating, “Yes, I will resume supporting,” now that Biden has officially endorsed Vice President Kamala Harris for president. Disney had previously expressed her backing for Harris when she announced her decision to withhold donations.
“We have an excellent Vice President. If Democrats would tolerate any of her perceived shortcomings even one-tenth as much as they have tolerated Biden’s—and let’s not kid ourselves about where race and gender figure in that inequity—and if Democrats can find a way to stop quibbling and rally around her, we can win this election by a lot,” she remarked.
Disney was among several prominent Democratic donors who expressed their dissatisfaction with Biden after a poor debate performance against former President Donald Trump. Reports suggest that pressure from major donors and a decline in funding contributed to Biden’s decision to step aside. Following Biden’s announcement, high-profile supporters like George Soros and his son, Alex Soros, also endorsed Harris.