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10-10-2015, 04:38 PM #1
From Only 158 Families, Half the Cash for the 2016 Race
(Graphics @ link.) http://www.nytimes.com/interactive/2...T.nav=top-news
By NICHOLAS CONFESSORE, SARAH COHEN and KAREN YOURISH
OCT. 10, 2015
They are overwhelmingly white, rich, older and male, in a nation that is being remade by the young, by women, and by black and brown voters. Across a sprawling country, they reside in an archipelago of wealth, exclusive neighborhoods dotting a handful of cities and towns. And in an economy that has minted billionaires in a dizzying array of industries, most made their fortunes in just two: finance and energy.
Now they are deploying their vast wealth in the political arena, providing almost half of all the seed money raised to support Democratic and Republican presidential candidates. Just 158 families, along with companies they own or control, contributed $176 million in the first phase of the campaign, a New York Times investigation found. Not since before Watergate have so few people and businesses provided so much early money in a campaign, most of it through channels legalized by the Supreme Court’s Citizens United decision five years ago.
These donors’ fortunes reflect the shifting composition of the country’s economic elite. Relatively few work in the traditional ranks of corporate America, or hail from dynasties of inherited wealth. Most built their own businesses, parlaying talent and an appetite for risk into huge wealth: They founded hedge funds in New York, bought up undervalued oil leases in Texas, made blockbusters in Hollywood. More than a dozen of the elite donors were born outside the United States, immigrating from countries like Cuba, the old Soviet Union, Pakistan, India and Israel.
But regardless of industry, the families investing the most in presidential politics overwhelmingly lean right, contributing tens of millions of dollars to support Republican candidates who have pledged to pare regulations; cut taxes on income, capital gains and inheritances; and shrink entitlement programs. While such measures would help protect their own wealth, the donors describe their embrace of them more broadly, as the surest means of promoting economic growth and preserving a system that would allow others to prosper, too.
Mostly Backing Republicans
Republicans
138
Democrats
20
“It’s a lot of families around the country who are self-made who feel like over-regulation puts these burdens on smaller companies,” said Doug Deason, a Dallas investor whose family put $5 million behind Gov. Rick Perry of Texas and now, after Mr. Perry’s exit, is being courted by many of the remaining candidates. “They’ve done well. They want to see other people do well.”
In marshaling their financial resources chiefly behind Republican candidates, the donors are also serving as a kind of financial check on demographic forces that have been nudging the electorate toward support for the Democratic Party and its economic policies. Two-thirds of Americans support higher taxes on those earning $1 million or more a year, according to a June New York Times/CBS News poll, while six in 10 favor more government intervention to reduce the gap between the rich and the poor. According to the Pew Research Center, nearly seven in 10 favor preserving Social Security and Medicare benefits as they are.
Republican candidates have struggled to improve their standing with Hispanic voters, women and African-Americans.
But as the campaign unfolds, Republicans are far outpacing Democrats in exploiting the world of “super PACs,” which, unlike candidates’ own campaigns, can raise unlimited sums from any donor, and which have so far amassed the bulk of the money in the election.
The 158 families each contributed $250,000 or more in the campaign through June 30, according to the most recent available Federal Election Commission filings and other data, while an additional 200 families gave more than $100,000.
Together, the two groups contributed well over half the money in the presidential election -- the vast majority of it supporting Republicans.
“The campaign finance system is now a countervailing force to the way the actual voters of the country are evolving and the policies they want,” said Ruy Teixeira, a political and demographic expert at the left-leaning Center for American Progress.
Like most of the ultrawealthy, the new donor elite is deeply private. Very few of those contacted were willing to speak about their contributions or their political views. Many donations were made from business addresses or post office boxes, or wound through limited liability corporations or trusts, exploiting the new avenues opened up by Citizens United, which gave corporate entities far more leeway to spend money on behalf of candidates. Some contributors, for reasons of privacy or tax planning, are not listed as the owners of the homes where they live, further obscuring the family and social ties that bind them.
But interviews and a review of hundreds of public documents — voter registrations, business records, F.E.C. data and more — reveal a class apart, distant from much of America while geographically, socially and economically intermingling among themselves. Nearly all the neighborhoods where they live would fit within the city limits of New Orleans. But minorities make up less than one-fifth of those neighborhoods’ collective population, and virtually no one is black. Their residents make four and a half times the salary of the average American, and are twice as likely to be college educated.
Most of the families are clustered around just nine cities. Many are neighbors, living near one another in neighborhoods like Bel Air and Brentwood in Los Angeles; River Oaks, a Houston community popular with energy executives; or Indian Creek Village, a private island near Miami that has a private security force and just 35 homes lining an 18-hole golf course.
Sometimes, across party lines, they are patrons of the same symphonies, art museums or at-risk youth programs. They are business partners, in-laws and, on occasion, even poker buddies.
Living Near One Another
Hildebrand FamilyMore than 50 members of these families have made the Forbes 400 list of the country’s top billionaires, marking a scale of wealth against which even a million-dollar political contribution can seem relatively small. The Chicago hedge fund billionaire Kenneth C. Griffin, for example, earns about $68.5 million a month after taxes, according to court filings made by his wife in their divorce. He has given a total of $300,000 to groups backing Republican presidential candidates. That is a huge sum on its face, yet is the equivalent of only $21.17 for a typical American household, according to Congressional Budget Office data on after-tax income.
Donated $250,000
Nau Family
Donated $500,000
Sarofim Family
Donated $530,000Flores Family
Donated $250,000
RIVER OAKSCOUNTRY CLUBHalf a mileHOUSTON
McNair Family
Donated $2 million
Ansary Family
Donated $2 million
Kinder Family
Donated $2 million
Krohn Family
Donated $250,000
The donor families’ wealth reflects, in part, the vast growth of the financial-services sector and the boom in oil and gas, which have helped transform the American economy in recent decades. They are also the beneficiaries of political and economic forces that are driving widening inequality: As the share of national wealth and income going to the middle class has shrunk, these families are among those whose share has grown.
Mainly in Finance and Energy
Finance
64
Real estate and
construction
17
Energy and
natural resources
15
Majority in hedge funds, private equity or venture capital.
Mostly oil and gas.
9
Transportation
Media and entertainment
12
Health
10
Technology
12
Woody Johnson, owner of the New York Jets, whose family founded Johnson & Johnson.
Trucking, autos, cruise ships.
Hollywood moguls like Steven Spielberg, J.J. Abrams and Jeffrey Katzenberg.
Retail and manufacturing
6
Food, beverage,
agriculture
Insurance
3
Other/unknown
5
5
Includes citrus, poultry and sugar magnates.
The accumulation of wealth has been particularly rapid at the elite levels of Wall Street, where financiers who once managed other people’s capital now, increasingly, own it themselves.
Since 1979,according to one study, the one-tenth of 1 percent of American taxpayers who work in finance have roughly quintupled their share of the country’s income. Sixty-four of the families made their wealth in finance, the largest single faction among the super-donors of 2016.
But instead of working their way up to the executive suite at Goldman Sachs or Exxon, most of these donors set out on their own, establishing privately held firms controlled individually or with partners. In finance, they started hedge funds, or formed private equity and venture capital firms, benefiting from favorable tax treatment of debt and capital gains, and more recently from a rising stock market and low interest rates. In energy, some were latter-day wildcatters, early to capitalize on the new drilling technologies and high energy prices that made it economical to exploit shale formations in North Dakota, Ohio, Pennsylvania and Texas. Others made fortunes supplying those wildcatters with pipelines, trucks and equipment for “fracking.”
In both energy and finance, their businesses, when successful, could throw off enormous amounts of cash — unlike industries in which wealth might have been tied up in investments. Those without shareholders or boards of directors have had unusual freedom to indulge their political passions. Together, the two industries accounted for well over half of the cash contributed by the top 158 families.
Tend to Be Self-Made
Self-made wealth
119
Inherited wealth
37
“When I look at these families, these are highly successful people, they’re used to moving mountains, and they love to beat the conventional wisdom,” said David McCurdy, a former Oklahoma congressman who is now president of the American Gas Association.
Indeed, while blue-chip corporations largely shy away from super PACs, wary of negative publicity about unlimited campaign spending, these families have poured millions of dollars into such efforts.
Some are even betting on candidates shunned by their party’s traditional donor establishment. The three families who have provided the largest donations in the campaign to date — the Wilks family of Texas, which made billions providing trucks and equipment in the shale fields; the Mercers of New York, headed by the hedge fund investor Robert Mercer; and Toby Neugebauer, a Texas-born private equity investor — have backed Senator Ted Cruz of Texas, a socially conservative Tea Party firebrand disdained by Republican leaders.
“Making a big bet on something before anyone else really grasps it. That is what success has in common in energy and in equities,” said Tim Phillips, the president of Americans for Prosperity, a conservative advocacy group with ties to Charles G. and David H. Koch.
A number of the families are tied to networks of ideological donors who, on the left and the right alike, have sought to fundamentally reshape their own political parties. More than a dozen donors or members of their families have been involved with the twice-yearly seminars hosted by the Kochs, whose organizations have pressed the U.S. Chamber of Commerce and other business groups to eliminate the Export-Import Bank. They include Mr. Deason and his wife; the brokerage pioneer Charles Schwab, whose wife, Helen, is among the donors; and Karen Buchwald Wright, whose family company makescompressors used to extract and transport natural gas.
“Most of the people at the Koch seminars are entrepreneurs who have built it from the ground up — they built it themselves,” said Mr. Deason, who said he supported eliminating corporate subsidies and welfare, including those that benefit his own investments.
Another group of the families, including the hedge fund investor George Soros and his son Jonathan, have ties to the Democracy Alliance, a network of liberal donors who have pushed Democrats to move aggressively on climate change legislation and progressive taxation. Those donors, many of them from Hollywood or Wall Street, have put millions of dollars behind Hillary Rodham Clinton.
The families who give do so, to some extent, because of personal, regional and professional ties to the candidates. Jeb Bush’s father made money in the oil business, while Mr. Bush himself earned millions of dollars on Wall Street. Some of the candidates most popular among ultrawealthy donors have also served in elected office in Florida and Texas, two states that are home to many of the affluent families on the list.
Two of the donors live on Indian Creek Island Road in Florida, the most expensive street in the United States, according to Zillow. Richard Cavalleri/Shutterstock
But the giving, more broadly, reflects the political stakes this year for the families and businesses that have moved most aggressively to take advantage of Citizens United, particularly in the energy and finance industries.
The Obama administration, Democrats in Congress and even Mr. Bush have argued for tax and regulatory shifts that could subject many venture capital and private equity firms to higher levels of corporate or investment taxation. Hedge funds, which historically were lightly regulated, are bound by new rules with the Dodd-Frank regulations, which several Republican candidates have pledged to roll back and which Mrs. Clinton has pledged to defend.
And while the shale boom has generated new fortunes, it has also produced a glut of oil that is now driving down prices.
Most in the industry favor lifting the 40-year-old ban on exporting oil, which would give domestic producers access to new customers overseas, and approval of the controversial Keystone XL oil pipeline.
“They don’t want anything from the government except that they’d like to export oil, and most of them want the Keystone pipeline,” T. Boone Pickens, the investor and natural gas advocate, said about his colleagues in the energy business.
“If you look at the oil and gas industry, it has done wonders for the country. They paid a lot of taxes, and people still attack you,” said Mr. Pickens, who has donated $125,000 to groups supporting Mr. Bush or Carly Fiorina. “They’re entrepreneurs, and they have opinions about everything.”
Sources: F.E.C. and I.R.S. filings; voter registrations; property assessment and deed records; corporate filings. One primary house and industry per family is shown.
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10-10-2015, 04:50 PM #2
From Fracking to Finance, a Torrent of Campaign Cash
By ERIC LICHTBLAU and NICHOLAS CONFESSORE
OCT. 10, 2015
WASH.Each dot representsa family of donors.MONT.Joe and MarleneRicketts, owners of the Chicago Cubs, gave $5 million to Scott Walker’s organization.
ME.
N.D.
MINN.Boston
VT.
ORE.
N.H.
NEWYORKDetroit
WIS.
IDAHO
MASS.
S.D.New York
CONN.
MICH.
WYO.
area
N.J.
IOWAChicago
PA.
NEV.Philadelphia
OHIONEB.MD.
IND.San Francisco
area
Fort Collins
ILL.Robert Mercer, hedge-fund magnate, contributed $11 million to the super PAC backing Ted Cruz.
UTAH
Columbus
COLO.St. Louis
W. VA.
KAN.
VA.The Wilks family, fracking-business billionaires, donated$15 million in support of Ted Cruz.MO.Branson
KY.
CALIF.
N.C.Los Angeles
TENN.
ARIZ.
OKLA.
ARK.
N.M.
area
S.C.Little Rock
Atlanta
Dallas
ALA.
GA.
MISS.
LA.MidlandTEXASBaton Rouge
Hong
Kong
FLA.Palm Beach area
San AntonioHouston
PuertoRicoMiami
Sources: F.E.C. and I.R.S. filings; voter registrations; property assessment and deed records; corporate filings. One primary house per family is shown.
A look at some of the business, personal and ideological ties that bind megadonors in the 2016 presidential campaign.
The Frackers
The great American energy boom of the last decade has produced a wave of new billionaires and multimillionaires. Now they are throwing tens of millions of dollars into the presidential campaign, with the biggest checks going almost exclusively to Republicans and their “super PACs.” The top donors include Trevor Rees-Jones, who left a law practice in Dallas and turned $4,000 in savings into an energy empire as the head of Chief Oil and Gas; Dan and Farris Wilks, abortion opponents whose trucking and equipment business struck gold in the fracking boom; and Karen Buchwald Wright, the head of Ariel Corporation, an Ohio manufacturer of gas compressors.
Old Oil
RELATED COVERAGE
Established Texas oil families are deeply involved in the campaign, too. Descendants of the late gambler and oil speculator H.L. Hunt – once thought to be the richest man in America – account for at least $2.3 million in donations in this presidential campaign.
Mr. Hunt’s fortune, feuds and multiple marriages are the stuff of legend: In the late 1970s, two of his sons reputedly tried to corner the silver market, and some say the Hunts inspired the classic television series “Dallas.” At least three of his descendants have followed his path in Republican politics in the 2016 campaign. Among them is Ray Lee Hunt, the sole surviving Hunt heir with enough wealth to make the Forbes list of billionaires. (Mr. Hunt is No. 92 in the United States.) The family business, Hunt Oil, remains among the largest privately held oil companies in the country. Mr. Hunt and his wife have put more than $2 million behind Mr. Bush.
Hedge Fund Partners, Political Opposites
They may disagree on politics, but they earned fortunes together. The hedge fund investor George Soros, who earned $1 billion in a bet against the British pound in 1992, is a prominent liberal donor and philanthropist who has given $1 million to a super PAC backing Hillary Rodham Clinton. His partner on that trade was Stanley F. Druckenmiller, who would become a prominent hedge fund manager in his own right, and is now close to Gov. Chris Christie of New Jersey, a Republican. Mr. Druckenmiller is a strong advocate of reduced spending on entitlement programs, which he has called “current seniors stealing from future seniors.” He has put a total of more than $300,000 behind Mr. Christie, Jeb Bush and Gov. John R. Kasich of Ohio.
Mystery Money
Some of the largest donations came from donors whose backgrounds and occupations were difficult to determine from public records. A man named Chen Shu Te gave $500,000 to Right to Rise USA, a super PAC backing Mr. Bush, which told the Federal Election Commission that Mr. Chen lives in Hong Kong. But public records reveal almost nothing about him, or even if he is an American citizen. (Green card holders may contribute, but other foreign nationals may not.)
Hundreds of thousands of dollars in other contributions came from limited liability corporations whose ownership is unclear. Among them is TH Holdings L.L.C., which shares a New York City office suite with Neuberger Berman, an investment management firm headed by a cousin of Mr. Bush’s.
More than a dozen of the firm’s other employees or executives have given to Mr. Bush’s campaign or the super PAC, but under their own names.
Dallas Royalty
The Preston Hollow neighborhood, home to former President George W. Bush and other leading Dallas Republicans, accounts for nearly $13 million of the money flowing to the presidential candidates and their super PACs. Much of it went to help Jeb Bush, who has leveraged his family and political connections in both Florida, where he was governor, and Texas, where his brother George held the same office. But some of the neighborhood’s biggest donors backed Gov. Rick Perry of Texas, who has since dropped out of the race. The Dallas pipeline owner Kelcy Warren gave a super PAC supporting Mr. Perry’s committee $6 million, while another neighbor, Darwin Deason, pitched in $5 million.
The Moneyed Left
Many of the biggest donors to Mrs. Clinton’s super PAC have ties to the Democracy Alliance, a club that has strived to build a “progressive infrastructure” of left-leaning think tanks, activist groups and grassroots organizations. They include Mr. Soros, a founding member of the alliance; a fellow hedge fund investor, S. Donald Sussman; and Stephen M. Silberstein, a San Francisco-area programmer who made his fortune developing library computer systems. Mrs. Clinton is also backed by Amy Goldman Fowler, a philanthropist and heiress to a New York real estate fortune, and Patricia A. Stryker, one member of an influential group of Colorado progressive donors known as “the Gang of Four.”
The Top Early Donors in the Presidential Race
Wilks Family
$15.0 million
The Wilks family of Texas — brothers Farris and Dan and their spouses, Jo Ann and Staci — earned billions in the fracking boom.
Mercer Family
11.3 million
Robert Mercer, a Wall Street hedge fund magnate, and his daughter, Rebekah Mercer.
Toby Neugebauer
10.0 million
Co-founder of a private equity firm and son of Representative Randy Neugebauer, Republican of Texas.
Kelcy Warren
6.0 million
Dallas billionaire and chief executive of an energy company.
Ricketts Family
5.0 million
Joe Ricketts founded the online brokerage TD Ameritrade and is the patriarch of the family that owns the Chicago Cubs.
Deason Family
5.0 million
Darwin Deason is a Dallas-based billionaire who made his fortune by selling a data processing company to Xerox.
Diane Hendricks
5.0 million
Co-founder of a Wisconsin-based roofing company.
Norman Braman
5.0 million
Billionaire auto dealer in Florida, and a longtime patron of Marco Rubio.
Fernandez Family
3.1 million
Miguel "Mike" Fernandez built a series of health care services firms and now runs a private equity company.
Ronald M. Cameron
3.0 million
Chief executive of the agribusiness giant Mountaire.
Larry Ellison
3.0 million
Former chief executive of Oracle Corporation.
Richard and Elizabeth Uihlein
2.7 million
Owners of a Wisconsin packaging supply company, Mr. Uihlein also is descended from a founder of the Joseph Schlitz Brewing Co.
Benjamin León
2.5 million
Health care executive and owner of Besilu stables.
Hunt Family
2.3 million
Heirs to the late oil billionaire H. L. Hunt.
Jeffrey S. Yass
2.3 million
Executive of the Susquehanna International Group, an investment company.
Richard D. and Nancy Kinder
2.0 million
Mr. Kinder is executive chairman of a Houston pipeline company; Mrs. Kinder is president of the Kinder Foundation
Rooney Family
2.0 million
Family of Francis Rooney, a longtime supporter of the Bush family and owner of Manhattan Construction Group.
Saban Family
2.0 million
The billionaire media investor Haim Saban and his wife, Cheryl, a philanthropist.
McNair Family
2.0 million
Family of Robert C. McNair, owner of the Houston Texans in the N.F.L.
Ansary Family
2.0 million
Hushang Ansary, a Houston businessman and former Iranian ambassador to the United States, and his wife, Shahla.
Rees-Jones Family
2.0 million
The oil billionaire Trevor D. Rees-Jones and his wife, Jan.
Cohen Family
2.0 million
The hedge fund billionaire Steven A. Cohen and his wife, Alexandra.
Perlmutter Family
2.0 million
Isaac Perlmutter is chief executive of Marvel Entertainment.
Donald J. Trump
1.8 million
Presidential candidate, second-generation real estate developer and entertainer.
Len Blavatnik
1.8 million
A Russian-born American citizen who is the richest man in Britain, according to Forbes.
Perenchio Family
1.7 million
A. Jerrold Perenchio, former chairman of Univision, and his wife, Margaret.
Bernard Marcus
1.6 million
Co-founder of Home Depot.
William E. Oberndorf
1.5 million
Founding partner of SPO Partners, an investment firm.
Helen Schwab
1.5 million
Wife of Charles R. Schwab, the brokerage company founder.
Scott Banister
1.3 million
Technology entrepreneur and investor.
Buchwald Wright Family
1.1 million
Karen Buchwald Wright, chief executive of an Ohio natural gas-compressor manufacturing company, and her husband, Tom Rastin.
Thomas H. Lee
1.1 million
Private equity and leveraged-buyout pioneer.
Robert A. Day
1.1 million
Grandson of the founder of Superior Oil and a longtime Bush family fund-raiser.
George Macricostas
1.1 million
Nevada-based businessman and technology entrepreneur.
Gregory W. Wendt
1.1 million
Equity portfolio manager.
Julian Robertson
1.1 million
Founder of Tiger Management, a hedge fund.
Charles B. Johnson
1.1 million
Financier and part-owner of the San Francisco Giants baseball franchise.
Soros Family
1.1 million
Family of George Soros, billionaire philanthropist and hedge fund investor.
Gary Chouest
1.1 million
President of Louisiana shipping company.
James L. Robo
1.1 million
Chairman and chief executive of NextEra Energy.
Katzenberg Family
1.0 million
Family of Jeffrey Katzenberg, chief executive of DreamWorks Animation.
Thomas F. Stephenson
1.0 million
Silicon Valley venture capitalist.
Paul Fireman
1.0 million
Reebok founder and owner of a Nevada ranch.
Johnson Family
1.0 million
Woody Johnson, owner of the New York Jets, and his mother, Betty.
Al Hoffman Jr.
1.0 million
Retired Florida developer who served as ambassador to Portugal under President George W. Bush.
Brad Freeman
1.0 million
Chairman of a California private equity firm.
Abrams-McGrath Family
1.0 million
The film director J.J. Abrams and his wife, Katie McGrath.
Leslie H. Wexner
1.0 million
Chairman and chief executive of L Brands (formerly Limited).
Stephen M. Silberstein
1.0 million
Co-founder of a company that develops data systems for libraries.
Steven Spielberg
1.0 million
Film director and co-principal of DreamWorks.
Herbert M. Sandler
1.0 million
Founder, with his late wife, Marion, of Golden West Financial, the giant California savings and loan bought by the Wachovia Corporation in 2006.
Ronald O. Perelman
1.0 million
Billionaire businessman and art collector.
Raul Rodriguez
1.0 million
Founder of a home medical equipment company.
Louis Moore Bacon
1.0 million
Founder of the hedge fund Moore Capital Management.
S. Donald Sussman
1.0 million
Founder of Paloma Partners, a hedge fund in Greenwich, Conn.
Jay Schottenstein
1.0 million
President of the real estate company Schottenstein Management.
Christopher Cline
1.0 million
Billionaire coal mogul.
Bush Family
850,000
The Republican candidate Jeb Bush and family, including two ex-presidents, his father, George, and his brother George W.
David E. Shaw
800,000
Computer scientist and hedge fund founder.
Willis J. Johnson
800,000
Founder of Copart, a vehicle auction website.
Douglas L. Foshee
750,000
Chairman and chief executive of Sallyport Investments; former chief executive of El Paso Corp.
Buchan Family
750,000
Duke Buchan III, founder of the hedge fund Hunter Global Investors, and his wife, Hannah.
Patricia A. Stryker
750,000
Heir to medical supply company fortune.
Daniel Gilbert
750,000
Founder of Quicken Loans.
Duchossois Family
700,000
The horse racing magnate Richard L. Duchossois and his children.
Kvamme Family
700,000
Venture capital executives.
Lawrence F. DeGeorge
600,000
Financial advisory executive.
Troutt Family
550,000
Kenny A. Troutt, founder of a long-distance phone company, and his wife, Lisa.
Muneer Satter
550,000
Chicago investor and former Goldman Sachs executive.
Stern Family
550,000
Marc Stern is chairman of the TCW Group, a Los Angeles-based asset management firm.
Simons Family
550,000
Family of James H. Simons, founder of the hedge fund Renaissance Technologies.
Fayez Sarofim
550,000
Founder of Houston investment firm.
Morton S. Bouchard
550,000
President and chief executive of an oil barge company.
Jackson Family
550,000
Owners of Jackson Healthcare LLC.
Herschend Family
500,000
Family that owns Herschend Family Entertainment, a theme park operator.
Peter and Julianna Holt
500,000
Principal owners of the N.B.A.'s San Antonio Spurs.
Leone Family
500,000
Doug Leone is partner in the venture capital firm Sequoia Capital.
Roberto Mignone
500,000
Founder of Bridger Management, a hedge fund.
Daniel Loeb
500,000
Hedge fund manager and activist investor.
John L. Nau
500,000
Chief executive of Silver Eagle Distributors.
S. Javaid Anwar
500,000
Pakistan-born founder of a West Texas energy company.
Howard E. Cox Jr.
500,000
Partner at Greylock, a venture capital firm.
Philip H. Geier Jr.
500,000
Former chairman and chief executive at the Interpublic Group of Companies.
Joseph Plumeri
500,000
Former chief executive of the insurance broker Willis Group Holdings.
Rex A. Sinquefield
500,000
An early pioneer of index funds, now retired and active in Missouri politics.
James A. Rubright
500,000
Retired chairman and chief executive of Rock-Tenn Company, a manufacturer of consumer packaging.
John P. McConnell
500,000
Chairman and chief executive of a steel company.
Micky Arison
500,000
Chairman of the cruise operator Carnival Corporation and owner of pro basketball's Miami Heat.
Bruce S. Sherman
500,000
Co-founder of Private Capital Management.
Ted E. Schlein
500,000
Senior partner at the Silicon Valley venture capital firm Kleiner Perkins Caufield & Byers.
Peter Karmanos
500,000
Co-founder of Compuware.
Robert D. Walter
500,000
Founder of Cardinal Health.
Chen Shu Te
500,000
A retiree living in Hong Kong -- but public records reveal little else about him.
The Goldman Family
450,000
John D. Goldman, a San Francisco insurance executive, is a son of the late philanthropist Richard N. Goldman.
Fox Family
450,000
Founders of Harbour Group, a St. Louis-based investment firm, and longtime Bush family allies.
R. William Becker
450,000
Owner of Peace River Citrus Products.
Manoj Bhargava
400,000
Founder of 5-hour Energy drinks.
Ezratti Family
400,000
Family of Itzhak Ezratti, president of G.L. Homes of Florida.
Galvin Family
350,000
Heirs to the Motorola fortune.
Lincoln Chafee
350,000
Candidate for the Democratic presidential nomination.
Jenkins Family
350,000
Family behind the grocery retailing chain Publix Super Markets.
Buckley Family
350,000
Walter W. Buckley, founder of a Bethlehem, Pa., investment management firm, and his wife, Marjorie.
William C. Edwards
350,000
Venture capital executive.
Kojaian Family
300,000
Family behind Kojaian Management Corp., a real estate investment firm based in Michigan.
Stephen M. Lessing
300,000
Partner for Aqueduct Capital Group and former George W. Bush fund-raiser.
Feingold Family
300,000
Owners of a dental benefits company.
Fanjul Family
300,000
Florida sugar barons, led by four brothers born in Cuba.
Stanley F. Druckenmiller
300,000
Investor and hedge fund manager.
John W. Childs
300,000
Florida-based founder of a Massachusetts-based private equity firm.
Lee Roy Mitchell
300,000
Chairman of Cinemark, a chain of movie theaters.
Siegel Family
300,000
Media investors.
Kenneth C. Griffin
300,000
Hedge fund manager ranked as the richest man in Illinois.
Kohler Family
300,000
Heirs to Kohler manufacturing fortune.
John C. Cushman III
300,000
Chairman of Cushman & Wakefield, a commercial real estate firm.
Manuel Moroun
300,000
Detroit businessman and owner of the Ambassador International Bridge, the only privately-owned border crossing between the U.S. and Canada.
Victor F. Ganzi
300,000
President and chairman of the board of the P.G.A. Tour.
Hillary Rodham Clinton
300,000
Candidate for the Democratic presidential nomination.
C. Boyden Gray
300,000
Washington lawyer and conservative activist.
Linda McMahon
300,000
Former professional wrestling executive, who spent close to $100 million on two failed Senate bids in Connecticut.
Thomas Patrick
300,000
Chairman of asset management firm.
Byron Trott
250,000
Former Goldman Sachs banker.
Tichenor Family
250,000
Children of the late McHenry Tichenor Sr., a media mogul and pioneer of Spanish-language radio.
David B. Miller
250,000
Co-founder of a private equity firm that focuses on the oil and gas industry.
G. Brint Ryan
250,000
Chief executive of tax services firm.
Abessinio Family
250,000
Owners of Roch Capital, a Pennsylvania-based investment firm.
Thomas F. Petway III
250,000
Insurance executive.
Alexander Navab
250,000
Executive at Kohlberg Kravis Roberts, the New York-based private equity firm.
James C. Flores
250,000
Oil executive.
Brandon T. Steele
250,000
Financial services executive.
Marc Nathanson
250,000
Founder of Falcon Cable.
James Pugh
250,000
Chairman and chief executive of Epoch Residential, a luxury construction company.
Scott T. Ford
250,000
Arkansas commodity executive.
Thomas L. Corr
250,000
Head of a petroleum distributor.
John M. Angelo
250,000
Co-founded an investment firm.
Amy P. Goldman
250,000
The daughter of the late Sol Goldman, a wealthy New York real estate investor, Ms. Goldman has written three books about growing heirloom fruits and vegetables.
Robert Tuttle
250,000
Beverly Hills car dealer.
Jeffery Hildebrand
250,000
Founder of oil and natural gas exploration and production company.
John A. Gunn
250,000
Chairman emeritus of Dodge & Cox.
Jonathon Jacobson
250,000
Hedge fund founder.
Kenneth M. Garschina
250,000
Founder of a New York hedge fund and longtime backer of Rand Paul.
Glenn Creamer
250,000
Private equity investor.
Roger C. Altman
250,000
Investment banker who served as deputy secretary of Treasury during the Clinton administration.
Robert J. Bishop
250,000
Hedge fund founder.
Kenneth G. Langone
250,000
A founder of Home Depot and longtime supporter of Chris Christie.
David Tepper
250,000
One of the highest-earning hedge fund founders in the country, specializing in distressed assets.
Tracy W. Krohn
250,000
Auto racing enthusiast and founder of W&T Offshore, and independent oil and natural gas company.
Richard T. Farmer
250,000
Founder of Cintas Corp.
Barrett A. Toan
250,000
Former chief executive of a mail-order pharmacy company.
Dicke Family
250,000
Owners of Crown Equipment Corp.
Roger Penske
250,000
Founder and chairman of Penske Corp.
McMahon Family
250,000
Owners of Miller & Long Real Estate in Bethesda, Md.
Fred Cunningham II
250,000
Investor.
George M. Rapier
250,000
Chairman and chief executive of WellMed Medical Management.
Wolfe Family
250,000
Former owners of The Columbus Dispatch.
Art E. Favre
250,000
Founder of Performance Contractors.
The Lipsky Family
250,000
New Jersey hospital owners.
Robert E. Murray
250,000
Republican activist and chief executive of an Ohio coal mining company.
Ben Nash
250,000
Co-founder of PCS Wireless.
Sources: F.E.C. and I.R.S. filings; voter registrations; property assessment and deed records; corporate filings.
http://www.nytimes.com/2015/10/11/us...ml#donors-listLast edited by JohnDoe2; 10-10-2015 at 04:59 PM.
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10-10-2015, 08:12 PM #3
Well, any Republican who hasn't already read the writing on the wall and make a choice to support a candidate who is not beholding to any of this money, needs to do so, and quickly.
A Nation Without Borders Is Not A Nation - Ronald Reagan
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10-11-2015, 08:04 AM #4These donors’ fortunes reflect the shifting composition of the country’s economic elite. Relatively few work in the traditional ranks of corporate America, or hail from dynasties of inherited wealth. Most built their own businesses, parlaying talent and an appetite for risk into huge wealth: They founded hedge funds in New York, bought up undervalued oil leases in Texas, made blockbusters in Hollywood. More than a dozen of the elite donors were born outside the United States, immigrating from countries like Cuba, the old Soviet Union, Pakistan, India and Israel.
But regardless of industry, the families investing the most in presidential politics overwhelmingly lean right, contributing tens of millions of dollars to support Republican candidates who have pledged to pare regulations; cut taxes on income, capital gains and inheritances; and shrink entitlement programs. While such measures would help protect their own wealth, the donors describe their embrace of them more broadly, as the surest means of promoting economic growth and preserving a system that would allow others to prosper, too.
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01-30-2016, 07:02 PM #5NO AMNESTY
Don't reward the criminal actions of millions of illegal aliens by giving them citizenship.
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