Reality TV star-turned mayoral candidate Spencer Pratt israpidly gaining traction in the raceto unseat incumbent Karen Bass, as a growing roster of high-profile tech executives, entertainment moguls and billionaire investors pour money into his longshot campaign just days ahead of the June 2 primary.
Pratt — long known as an erratic, manipulative reality TV villain who thrived on drama and fractured friendships — hasrebranded himself as an unlikely political contenderafter losing his Pacific Palisades home in last year’s wildfire, which destroyed more than 18,000 structures.
He has since madeanger over the disaster response central to his campaign, repeatedly accusing city leaders of “negligence.”
Now, some of the country’s most influential business figures are backing him,according to the New York Times.One investor likened his momentum to Zohran Mamdani’s late breakout in New York City’s Democratic mayoral primary, where he closed a long-standing gap behind Andrew Cuomo and overtook him just before the June vote.
Among the most prominent names backing Pratt is billionaire hedge fund manager Dan Loeb, founder of Third Point Capital and a Los Angeles-area native known for his outspoken activism in finance and politics.
Another major supporter is Bobby Kotick, the longtime former chief executive of gaming giant Activision Blizzard, who became one of the most powerful figures in the video game industry during his decades-long tenure.
Crypto billionaires Cameron Winklevoss and Tyler Winklevoss — the twin brothers whofounded the cryptocurrency exchange Geminiand famously sued Mark Zuckerberg over Facebook’s origins — have also contributed to Pratt’s campaign.
They split their time between Los Angeles, including an $18 million Hollywood Hills mansion in the Bird Streets, and New York City.
Entertainment heavyweight Haim Saban and his wife, philanthropist Cheryl Saban, are among the notable Hollywood figures supporting Pratt.
Saban is an Israeli-American media proprietor, investor, composer, and producer with interests in entertainment, media, and financial services, and an estimated net worth of $3.3 billion.
Source: California Post – Breaking California News, Photos & Videos