Why has Laurene Powell Jobs STILL not donated to 80-year-old Biden’s 2024 bid? Steve Jobs’ billionaire widow raises questions as she waits to back Joe – after throwing her weight behind his 2020 run

Multibillionaire Laurene Powell Jobs was a top sponsor of Joe Biden and the Democrats in 2020, and attended Biden’s glamorous first state dinner as president, with President Emmanuel Macron of France.

But so far this election cycle, she hasn’t used her fortune to get the 80-year-old incumbent president re-elected — at a time when he needs every well-to-do financier he can muster.

Jobs, estimated to be worth about $14 billion and ranked 145th on the Forbes wealth list, cut large checks to the Biden Victory Fund and the Democratic National Committee during the 2020 election cycle.

Now the Atlantic magazine she owns has one destructive bill of the chaotic withdrawal from Afghanistan that he presided over, while also featuring articles advocating a primary challenge.

Her campaign gifts came late, usually in June 2020, after Biden had already stitched up the nomination.

But as of the Federal Elections Commission’s latest deadline, Biden’s campaign had yet to disclose any contribution from her — even as it leans on major donors to make up for the drop in small dollar donations, even as he prepares to face off against Donald Trump .

“I don’t know if it’s still too early for her,” a Biden donor from California told DailyMail.com. “Some of the big fundraisers for Biden from last time aren’t in there because they got ambassadorial appointments.”

The billionaire’s sideline in late summer comes amid signs Biden’s West Coast fundraising needs a boost to account for a $30 million drop in small dollar donations from this point in 2020 .

The fundraiser noted that Vice President Kamala Harris has been out west more than Biden to “raise money,” but has not been nearly as prolific as the president himself.

The campaign money will be critical in a TV air war that Biden, whose approval ratings remain under water, must wage against energetic Republicans who want to depose and defeat him.

In 2020, Powell Jobs donated a $610,000 check to the Biden Victory Fund – a joint fundraising committee – in June, followed by another $100,000 in September.

She also gave big money to Biden’s campaign, Biden for President, contributing $2,800. She also donated checks to the DNC totaling $355,000.

She has close ties to two other Democrats who could step in if Biden decides to pull out of his efforts, something that seems unlikely as Biden beefs up his skeleton campaign staff and positions himself against a potential rematch with Donald Trump.

President Joe Biden must rely on high-dollar donors to offset the decline in small-dollar donations as he prepares for a small re-election battle in 2024

Laurene Powell Jobs, founder and president of the Emerson Collective, right, and Reed Jobs, arrive to attend a state dinner honoring French President Emmanuel Macron and Brigitte Macron.

One is Harris, who met Powell Jobs last July at the vice president’s residence in Los Angeles, CNBC reported at the time, amid speculation about whether Biden would be re-elected.

The two sat down for a joint interview with Recode in 2017.

Powell Jobs has also been a major donor to California Governor Gavin Newsom, donating nearly $500,000 over the years.

Newsom decided to postpone the 2024 campaign despite speculation that he would run, though he continues to make headlines for potential stunts such as a debate with GOP nominee Florida Governor Ron DeSantis.

Powell Jobs, the widow of Apple founder Steve Jobs, leads the Emerson Collective from Palo Alto, California. The group makes charitable contributions and venture capital investments “to advance some of society’s most calcified systems and create pathways to real opportunity, enabling people from all communities to reach their full potential,” according to the website.

She declined comment through a spokeswoman and any future plans to play in 2024 are not known.

Its general political endowments are, at least for now, dormant, the FEC data shows. Her last contribution attempt came in September 2022 and went to former New York Representative Sean Patrick Maloney, who suffered a humiliating primary defeat to Republican Mike Lawler even as she headed the campaign arm of the House of Representatives, although this seems to have returned (she already had a maximum in June).

That status comes even when the publication she owns, the Atlantic magazine, ran an ad article by political scientist Eliot A. Cohen urging Biden to “step aside.” Another part in February, DC journalist Mark Leibovich called for a “free-thinking Democrat” to challenge groupthink and put him first, dryly noting that “the Delaware Corvette has gone through the odometer a few times.”

Last week, the Atlantic excerpted Franklin Foer’s new book: The last politiciannarrating that the Biden White House is struggling to manage the chaotic US withdrawal from Afghanistan following a sudden takeover by the Taliban.

Powell Jobs has long stated that she plays no role in the magazine’s editorial decisions. She likes to keep a low profile and focus on policy issues promoted by her Emerson Collective, though she did step out to the Macron State Dinner last summer and receive the Medal of Freedom posthumously on behalf of her late husband, Steve Jobs.

Also on the sidelines as Biden ramps up his campaign is Doug Hickey, a prominent California fundraiser who was sworn in as US ambassador to Finland in April.

He donated $25,000 to the Biden Victory fund during the 2020 primary and $10,000 to the same PAC in October 2020, along with a $35,500 contribution to the DNC and a $41,000 contribution to the Biden Victory fund in May 2020 .

His assignment abroad removes him from the group of donors for whom he has been an effective fundraiser.

The Biden team is bringing in a new diplomat, Rufus Giffords, the former US chief of protocol, to serve as its new campaign finance chairman. Giffords, who was with Biden on his recent trip to Europe, is gearing up after posting summer photos from Nantucket to his Instagram account.

Hollywood mogul Jeffrey Katzenberg advises Biden’s efforts — and last month called Biden’s age “his superpower,” saying his wisdom will prevail.

California was key to Biden’s fundraising success in 2020, as it has been for most presidential candidates. He raised $306 million from the state in 2020, or 22 percent of his total, according to data compiled by the Center for Responsive Politics.

At a fundraiser in California in June, Biden met technology and climate donors at an event hosted by Microsoft Chief Technology Officer Kevin Scott and his wife Shannon Hunt-Scott, along with LinkedIn co-founder Reid Hoffman.

EBay executive Steve Westly and LinkedIn co-founder Reid Hoffman have been fundraiser organizers for him, among others.

Mike Moritz, who recently stepped down from Sequoia Capital, donated $3.5 million in 2020 to support American Bridge 21st Century and Pacronym. According to FEC records, he donated $2 million to the PAC in June.

Others who contributed to Biden’s $72 million fundraising through June include hedge funder Nathaniel Simons, John Doerr ($462,000), Hoffman ($706,000) and hedge funder Nathaniel Simons ($807,000), the San Francisco standard reported.