A flashy Florida billionaire dubbed the "King of Versailles” says he’s willing to step away from his kingdom - a massive timeshare company - if Obama is re-elected, and warned his employees they should fear for their jobs if the president wins in November.

In an email sent to all 7,000 of his employees at Westgate Resorts, David Siegel suggested his staff may want to think twice about voting for Obama if they want to keep their jobs.

“In spite of all of the challenges we have faced, the good news is this: The economy doesn't currently pose a threat to your job. What does threaten your job however, is another 4 years of the same Presidential administration,” he wrote in the email, which was leaked by his staff and quickly went viral.

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