Wall Street veteran Omeed Malik is gearing up to support Donald Trump’s campaign by raising over $3 million and donating at least $100,000, adding to the list of backers who have rallied behind Florida Governor Ron DeSantis in a bid to bolster the former president’s political endeavors.
Malik, CEO of Farvahar Partners, revealed in an interview his intention to leverage his financial resources and extensive network to support Trump’s presidential campaign.
Having previously assisted in fundraising efforts and lending support to figures like DeSantis and independent candidate Robert F. Kennedy Jr., Malik now aims to direct his resources towards Trump’s political aspirations.
Former Ron DeSantis (Credits: CNBC)
In Trump’s circle, Malik’s credentials are noteworthy. Formerly residing in New York City and identifying as a Democrat, Malik was an active donor to both Democratic and Republican causes, held a position on the Council of Foreign Relations, and built a conventional Wall Street career with roles at Bank of America and corporate law firm Weil, Gotshal & Manges LLP.
However, Malik’s perspective shifted amidst what he perceived as government overreach during the COVID-19 pandemic, prompting his relocation to Florida and a shift towards conservative ideologies.
Like many Trump supporters, Malik cited concerns over what he viewed as the “weaponization of regulatory and legal systems” as a key factor driving his support for the former president.
As the 2024 election approaches, Malik intends to make a significant impact by rallying financial support for Trump’s campaign. He plans to raise at least $3 million, mirroring the amount he raised for DeSantis’ 2022 gubernatorial campaign.
Additionally, Malik’s firm, 1789 Capital, has invested in Tucker Carlson’s media company and launched PublicSquare, a conservative shopping app aimed at challenging industry giants like Amazon.
With his focus on influencing the upcoming election, Malik seeks to capitalize on what he perceives as a critical juncture between President Joe Biden and Trump, believing he can be more effective in shaping political outcomes during this period.
