Billionaire Ken Langone Says He Feels 'Betrayed' By Trump, Vows To Support Biden

Topline

Home Depot co-founder Ken Langone, a prominent Republican donor and backer of President Donald Trump, said Wednesday that he felt “betrayed” by the president’s actions in the leadup to last week’s attack on the U.S. Capitol, which he characterized as a “disgrace,” and he said he would do everything possible to support the Biden administration.

Ken Langone, founder of Home Depot, arrives at the annual Allen & Company Sun Valley Conference, … [+] July 9, 2019 in Sun Valley, Idaho. Every July, some of the world’s most wealthy and powerful businesspeople from the media, finance, and technology spheres converge at the Sun Valley Resort for the exclusive weeklong conference. (Photo by Drew Angerer/Getty Images)

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In an interview on CNBC’s “Squawk Box,” Langone said the “biggest mistake anybody is going to make is try and rationalize what happened last week, what the president did and what that crowd did.”

The billionaire added that “there should be no mitigation at all,” stating the storming of the Capitol, which resulted in the death of five people, was shockingly “horrible” and “wrong.”

He also urged Americans to unify around President-elect Biden, pledging to “do everything I can from Day One to make sure I do my part to make Joe Biden the most successful president in the history of this country.”

Key Background:

Langone donated to Trump’s campaign in 2016, and his wife Elaine contributed to Trump’s reelection in 2017. According

Keep reading this article on Forbes Business.

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