• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

1

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
Finance

This Prominent Trump Critic and Hedge Funder Might Have Just Become a Suppporter

Lucinda Shen
By
Lucinda Shen
Lucinda Shen
Down Arrow Button Icon
Lucinda Shen
By
Lucinda Shen
Lucinda Shen
Down Arrow Button Icon
April 25, 2016, 3:13 PM ET
Anthony Scaramucci, Managing Partner and Founder, SkyBridge Capital speaks during the SkyBridge Alternatives (SALT) conference in Las Vegas, Nevada, U.S., on Wednesday, May 14, 2014. Participants from the around the world attending the SALT Conference will discuss macro-economic trends, geopolitics and alternative investment opportunities in the global economy. Photographer: Jacob Kepler/Bloomberg
Anthony Scaramucci, Managing Partner and Founder, SkyBridge Capital speaks during the SkyBridge Alternatives (SALT) conference in Las Vegas, Nevada, U.S., on Wednesday, May 14, 2014. Participants from the around the world attending the SALT Conference will discuss macro-economic trends, geopolitics and alternative investment opportunities in the global economy. Photographer: Jacob Kepler/Bloomberg
Add Fortune on Google for similar content.

Hedge fund millionaire Anthony Scaramucci might be among the Republicans who are begrudgingly supporting Donald Trump—despite previously having criticized the Republican frontrunner.

In a series of tweets Monday, the hedge funder criticized fellow Republican candidates John Kaisch and Ted Cruz for teaming up to prevent Trump from becoming the Republican presidential candidate, saying the move was not a constructive route for the party, or the country. He also added that “Trump will have most popular votes, most delegates, and is biggest wildcard capable of reaching voters across aisle.”

Trump will have most popular votes, most delegates and is biggest wildcard capable of reaching voters across aisle https://t.co/JgbIEWsSgR

— Anthony Scaramucci (@Scaramucci) April 25, 2016

For the future of the party, this movement needs to be allowed to run its course, win or lose in the general https://t.co/zjzDlthbtY

— Anthony Scaramucci (@Scaramucci) April 25, 2016

Scaramucci further analyzed that ganging up on Trump in primaries would divide the Republican party:

If you disenfranchise a huge, energized swath of the party with primary shenanigans, what does that do for turnout? https://t.co/ctvnS5KwFl

— Anthony Scaramucci (@Scaramucci) April 25, 2016

Scaramucci’s tweets are notable as the moderate Republican money manager and host of his own TV show Wall Street Week has never been a Trump fan. Besides running his own firm, Scaramucci is widely known for running a very successful hedge fund conference SALT that regularly draws top Wall Streeters and politicians. This year former Former Speaker of the House John Boehner, among others, is scheduled to speak at this year’s conference, which will be held in early May in Las Vegas.

If Scaramucci jumps on the Trump train it won’t be the first candidate he has backed this presidential race. Back in August, while he was still a top fundraiser to former presidential candidate Scott Walker, Scaramucci called Trump “a hack politician” and “un-American” in a Fox News segment. Just a month ago, Scaramucci told a lunch crowd at the Hunt and Fish Club, a restaurant he partially owns, “I really don’t want Trump to be president… Now he’s been completely mis-underestimated by the entire Republican Party.”

In the same luncheon, though, Scaramucci acknowledged he believed Trump might actually be president—a thought he completely denied just three months earlier. And now, the managing partner at Skybridge Capital might be among the Republicans who have decided that it’s either back Trump, or risk tearing the Republican party apart.

 

“Donald Trump may not have been my first choice, but if he is in fact the people’s choice, I think my establishment friends are making a very big mistake by not acknowledging that,” Scaramucci said in an interview with the New York Times Friday.

And Trump doesn’t have a strong following on Wall Street. The businessman has called for a tax on Wall Street, lambasted hedge funds, and called the CEO of JPMorgan, Jamie Dimon, “the worst banker in the United States” (though he does have the backing of Carl Icahn).

It’s not the first time Scaramucci has been linked with the Republican frontrunner. Back in September, while Scaramucci was still the Walker campaign’s national finance co-chairman, he met with Trump to talk about potentially joining Trump’s campaign. News reports generally indicate that the meeting was puzzling to say the least, after which neither part could agree on what had happened. Scaramucci said he had refused to back Trump and asked the businessman to stop attacking hedge funds. Trump painted a different picture, telling the Wall Street Journal: “He wants to endorse me. He said, ‘I want to drop Walker and endorse you.’ ”

Although after that, Scaramucci joined Jeb Bush’s campaign.

This story has been updated to accurately reflect Scaramucci’s net worth.

About the Author
Lucinda Shen
By Lucinda Shen
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Finance

Top CD rates from major banks June 30, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal FinanceCertificates of Deposit (CDs)
Top CD rates from major banks on June 30, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerJune 30, 2026
2 hours ago
Current price of Bitcoin for June 30, 2026
Personal FinanceCryptocurrency
Current price of Bitcoin for June 30, 2026
By Joseph HostetlerJune 30, 2026
3 hours ago
Current price of Ethereum for June 30, 2026
Personal FinanceEthereum
Current price of Ethereum for June 30, 2026
By Joseph HostetlerJune 30, 2026
3 hours ago
Current price of oil as of June 30, 2026
Personal FinanceOil
Current price of oil as of June 30 2026
By Joseph HostetlerJune 30, 2026
3 hours ago
Current price of silver as of Tuesday, June 30, 2026
Personal Financesilver
Current price of silver as of Tuesday, June 30, 2026
By Joseph HostetlerJune 30, 2026
3 hours ago
Current price of gold as of June 30, 2026
Personal Financegold prices
Current price of gold as of June 30, 2026
By Danny BakstJune 30, 2026
3 hours ago

Most Popular

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
Success
Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
By Sydney LakeJune 29, 2026
1 day ago
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
By Sydney LakeJune 25, 2026
5 days ago
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
Success
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
By Preston ForeJune 27, 2026
3 days ago
The retired college professor fighting a $313 trespassing ticket in Wisconsin thinks he's part of a national struggle
Environment
The retired college professor fighting a $313 trespassing ticket in Wisconsin thinks he's part of a national struggle
By Catherina GioinoJune 28, 2026
2 days ago
'Humanity has chosen to become idiots': This Brown professor switched to take-home exams after a mass shooting and discovered mass cheating
AI
'Humanity has chosen to become idiots': This Brown professor switched to take-home exams after a mass shooting and discovered mass cheating
By Catherina GioinoJune 29, 2026
18 hours ago
Current price of oil as of June 29, 2026
Personal Finance
Current price of oil as of June 29, 2026
By Joseph HostetlerJune 29, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.