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4, August 2016
Race for the White House: Hillary Clinton enjoying financial support from billionaires 0
US Democratic presidential nominee Hillary Clinton is enjoying financial support from a growing list of American billionaires who oppose Republican nominee Donald Trump.
According to a recent report by Fox News, the former secretary of state’s presidential campaign has so far received more than $42.5 million in donations from a total of 24 billionaires.
So far, movie producers Steven Spielberg and Jeffrey Katzenberg, financiers Warren Buffett and George Soros, and Walmart heiress Alice Walton have all made contributions to the former first lady’s campaign.
Media mogul Oprah Winfrey (pictured below) has also thrown her weight behind Clinton. Haim Saban is another media magnate that will support Clinton in the battle against Trump.
Billionaire environmentalist Thomas Steyer joined the list and endorsed Clinton in early June. Some of the multimillionaires have donated millions to a top Clinton superPAC named Priorities USA Action.Saban ($10 million), Soros ($7 million), hedge fund billionaire James Simons ($7 million), Hyatt Hotel heir J.B. Pritzker and his wife Mary Kathryn Pritzker ($6.5 million), Slim-Fast founder S. Daniel Abraham ($3 million), Hedge fund billionaire David Shaw ($2.25 million), investors Jon and Pat Stryker ($1.5 million each), Spielberg ($1 million), Legendary Entertainment founder and CEO Thomas Tull ($1 million), and the list goes on.
Salesforce CEO Marc Benioff and Facebook COO Sheryl Sandberg are some of the other major figures who are siding with Clinton.
In addition to the pro-Clinton billionaires, some of the Republican-leaning tycoons have announced that that they will not support Trump as the party nominee.
Hewlett Packard Enterprise CEO Meg Whitman, for instance, has joined industrial power-brokers Charles and David Koch in withdrawing support from fellow GOP billionaire Trump.
Whitman has pushed the envelope even further by stating that she will endorse and help fund Clinton.
In addition to Priorities USA Action, million have been paid to other Clinton funds Hillary for America and Hillary Victory Fun. Pro-Clinton such as PACs American Bridge 21st Century, Priorities USA Action 2016 and Correct the Record have also received huge donations.
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