Miami Mayor Francis Suarez’s call to make Miami the new Silicon Valley has Big Tech and real estate pouring cash into his coffers.
Newly minted venture capital billionaire Chamath Palihapitiya, crypto investors Tyler and Cameron Winklevoss, Shutterstock founder Jon Oringer and others are backing the mayor’s reelection campaign this year to the tune of more than $2 million.
Suarez himself admits that many of the major tech players who have written checks -don’t even live in Miami, but have been excited by his vision.
The mayor has embraced cryptocurrency and proposed building a high-speed tunnel with Elon Musk’s Boring Company to alleviate the city’s traffic woes.
Ahead of the November election, real estate developers are also donating to Suarez’s campaign. Among them: The Related Group, the Chetrit Group, Fort Partners, Property Markets Group, Carpe Real Estate Partners, and an entity tied to the Melo Group.