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Posted: 2024-07-05T02:34:38Z | Updated: 2024-07-05T02:34:38Z

Abigail Disney, an heir to the Disney fortune and a major Democratic donor , said she would not give any more money to President Joe Biden or the Democratic National Committee until he steps aside.

Disney, the granddaughter of Roy O. Disney, who cofounded The Walt Disney Company, said Biden and groups supporting him will not receive another dime from me until they bite the bullet and replace the president in an email to The New York Times .

Disney went on to tell CNBC that she wasnt trying to be disrespectful to the president, but rather that she was focusing on realism.

Biden is a good man who has served his country well, but the stakes are far too high to allow timidity to determine our course of action, she wrote in an email to the network. If Biden does not step down the Democrats will lose. Of that I am absolutely certain. The consequences for the loss will be genuinely dire.

HuffPost has reached out to Disney for additional comment.