Have you ever wondered
which presidential candidate America's billionaires are supporting during the
2016 election cycle? Well, wonder no more. When you are looking at
this data, please keep in mind that these billionaire donors also donate money
to other Democratic or Republican Party recipients including PACs,
Congressional races and state political wings so their donations to the candidates generally represent a very small portion of their total political donations. For example, while Warren Buffett has only donated $2,700 to Hillary Clinton, he has donated over $132,000 to otters Democratic candidates and committees.
Here is a listing of the
top ten America's billionaire donors (in order of wealth) who have donated
funds to Hillary Clinton's campaign and how much they have donated so far in
this cycle:
A very significant
portion of Ms. Clinton's billionaire-sourced funding has come from two
individuals; George Soros and James Simons who have donated just short of $19
million between the two of them. As well, looking in detail at donor data
according to Open Secrets, Alice Walton of Walmart fame, has donated a
whole $20 to Donald Trump's campaign. That would buy a couple of Chinese made t-shirts at one of her stores! I guess you have to play both sides
of the political spectrum, just in case.
Here is a listing of the
top ten America's billionaire donors (in order of wealth) who have donated
funds to Donald Trump's campaign and how much they have donated so far in this
cycle:
Unfortunately, Bradley
Hughes Sr. doesn't quite make the list, missing the top ten by a mere $100
million. Mr. Hughes, founder of American Homes 4 Rent, has given Mr.
Trump $449,000, the top billionaire Trump donor. As significant as his
donation is, it would only put him in fourth place among Hillary Clinton's
pantheon of billionaire donors, well behind her first, second and third place
donors.
Despite the fact that
Donald Trump is one of their billionaire peers, it's quite interesting to see
that America's billionaires appear to be reluctant backers of one of their own.
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The billionaires did not make their money by being stupid. Hillary will likely do no more and possibly even fewer favours to the super rich than normal. But for all his promises, Trump would be an economic ditaster to USA and they know it.
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