Haley on tenterhooks with billionaire donor Ken Langone: ‘You don’t throw money down a rat hole’

Ken Langone, a co-founder of Home Depot, said further donations to former U.S. Ambassador to the United Nations Nikki Haley hinge on the results of the primary election in New Hampshire next week.

The billionaire told the Financial Times on Thursday that he’s waiting for the results of the first-in-the-nation primary before giving a “major gift” to Haley.

“If she doesn’t get traction in New Hampshire, you don’t throw money down a rat hole,” Langone said, looking to Tuesday’s election.

Langone backed Haley in December, touting her as the best alternative to former President Donald Trump who is also most likely to defeat President Joe Biden in the general election. But after Trump comfortably emerged victorious from the Iowa caucuses, Langone predicted a Biden-Trump rematch in November, saying he would “probably” vote for the former president if he is
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