Billionaire Donor Urges Biden to Bow Out of 2024 Race

Billionaire Mark Pincus, the founder and former CEO of video game giant Zynga, has joined a growing chorus of prominent figures calling for President Joe Biden to forgo a run for re-election in 2024. Pincus, a major Democratic donor, cited concerns over Biden's age and competency, arguing that an open convention would give the party its best chance at victory.

Pincus Leads Charge for New Democratic Nominee

Concerns Over Biden's Age and Competency

Pincus, who has a net worth of .4 billion according to Forbes, expressed doubts about Biden's ability to effectively lead the country, stating, "I don't see how President Biden will ever get around this age competency issue at this point." The billionaire's comments echo a growing sentiment among some Democratic donors and public figures, who have increasingly questioned whether the 80-year-old president is up to the demands of the office.Pincus argued that an open convention would "bring new energy" to the race, which could be crucial given recent polls showing former President Donald Trump narrowly edging out Biden. The video game titan suggested that there are "plenty" of other "strong players" within the Democratic Party who could step up and take the party's nomination, including Michigan Governor Gretchen Whitmer and California Governor Gavin Newsom.

Pincus' Significant Democratic Donations

Pincus has been a significant donor to the Democratic Party, contributing the maximum amount of nearly million to the Biden Victory Fund and over 0,000 to the Democratic National Committee. His waning support for the incumbent president poses a potential threat to Biden's re-election campaign, as other major Democratic donors have also expressed concerns about the party's funding drying up.

Calls for Biden to Reconsider from Prominent Figures

Pincus' comments come on the heels of similar calls for Biden to step aside from other prominent figures, including former House Speaker Nancy Pelosi and high-profile donors like Boston real estate mogul George Krupp. Krupp echoed Pincus' concerns, stating that Biden's age "will haunt him for the rest of the election cycle."The growing chorus of voices urging Biden to reconsider his candidacy has been fueled by a series of high-profile missteps, including a disastrous first debate performance and a recent press conference where the president referred to Vice President Kamala Harris as "Vice President Trump." These incidents have only heightened concerns about Biden's fitness for office and the potential impact on the Democratic Party's chances in 2024.

Celebrities and Journalists Join the Calls for Change

The calls for Biden to step aside have not been limited to political figures and donors. Prominent celebrities and journalists have also joined the fray, with HBO host Bill Maher and actor George Clooney both calling for new Democratic nominees in separate guest essays for the New York Times. Maher, like Pincus, suggested that California Governor Gavin Newsom could be a strong alternative to Biden.As the 2024 election cycle approaches, the pressure on Biden to reconsider his candidacy is likely to intensify, with Pincus and other influential figures making their case for a new Democratic standard-bearer. The outcome of this debate could have significant implications for the party's chances of retaining the White House in the next presidential election.