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22 Feb 2012 15:48

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Politics: Meet the billionaires funding the 2012 Republican primary season

  • five donors find themselves in the spotlight: Texas billionaire Harold Simmons, casino moguls Sheldon and Miriam Adelson, Paypal co-founder (and Facebook investor) Peter Thiel, and Houston home-builder Bob Perry
  • $30.4 million donated by the five people, the largest donations going to the Super PACs Winning Our Future and Endorse Liberty; however, American Crossroads leads the pack with $15 million collected source
  • » A massive financial mind share: That’s almost $1 out of every $4 collected by all super PACs this election cycle, and certainly seems to explain exactly how we ended up with the remaining crop of Republican candidates that we have. Bob Perry is a former Tim Pawlenty supporter who switched to Team Romney with a $1 million dollar donation, while the Adelsons — who are ready to boost their support for Winning The Future from $10 million to $20 million — have provided the lifeblood of the Gingrich campaign. Of the remaining four candidates, only Rick Santorum finds himself without support, via Super PAC donations, from one of these five wealthy conservatives.

20 Feb 2012 19:56

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Politics: Pro-Newt Super PAC’s fundraising courtesy of two people (they’re married)

  • $11M the amount the main pro-Newt Gingrich Super PAC, Winning Our Future, raised in January
  • $5M of that total came from Sheldon Adelson, a casino magnate with deep pockets
  • $5M of that total came from Adelson’s wife, Miriam; they know a thing or two about gambling source