how much did buffett donate to biden

Did Warren Buffett donate to Joe Biden’s presidential campaign?

Mar 13, 2021 · Introduction. In recent claims, Warren Buffet was said to have donated $58 million to Joe Biden’s campaign in order to sway the President in canceling the Keystone XL Pipeline.

Which industries donate the most to Joe Biden’s campaigns?

Feb 02, 2021 · did buffett donate to biden? The first claim in these posts is that Warren Buffett, the American business tycoon and billionaire, donated $58 million to Joe Biden’s 2020 campaign.

What did Biden tell donors at a virtual fundraiser?

Jan 28, 2021 · Warren Buffett did not donate to Biden presidential campaign By JUDE JOFFE-BLOCK January 28, 2021 GMT CLAIM: Warren Buffett donated $58 million to President Joe Biden’s campaign, so Biden canceled the Keystone XL pipeline as a favor to Buffett.

How much money did Warren Buffett give to Democratic candidates in 2020?

Oct 14, 2020 · Buffett has a net worth of $80 billion, according to Forbes. Buffett hasn't contributed to Biden's campaign for president this cycle, according to the nonpartisan Center for Responsive Politics.

Quick Take

Social media pages are spreading a false claim that President Joe Biden revoked the permit for the Keystone XL Pipeline because of a campaign donation from Warren Buffett. Buffett did not donate to Biden’s campaign.

Full Story

A viral meme falsely claims that billionaire investor Warren Buffett caused construction of the Keystone XL Pipeline to be “cancelled.”

How many states does BNSF serve?

The BNSF is one of the largest freight railroad networks in North America, with “a rail network of 32,500 route miles in 28 states and three Canadian provinces" ( here ). Its trains carry energy (such as oil and coal), agricultural and consumer products.

When was the Keystone pipeline cancelled?

By “Keystone pipeline”, the posts are referring to the Keystone XL Pipeline, a project cancelled by Biden on his first day in office on Jan. 21, 2021, dealing a death blow to a long-gestating project that would have carried 830,000 barrels per day of heavy oil-sands crude from Alberta to Nebraska. Environmental activists ...

Did Warren Buffett donate to Joe Biden?

Warren Buffett did not donate $58 million to Joe Biden’s 2020 campaign. Most of the oil that would have been transported by the now-cancelled Keystone XL Pipeline will likely use existing and new pipeline infrastructure, not railways. This article was produced by the Reuters Fact Check team.

Who gave money to Biden?

Renaissance Technologies director Henry Laufer and his wife, Marsha, together contributed $4 million to back Biden. Stewart Bainum Jr., the chair of Choice Hotels International , gave $2 million to the Unite the Country political action committee.

How much money has Biden raised?

President-elect Joe Biden announced he was running for president in April 2019 and has raised a total of $1.3 billion so far, according to OpenSecrets. This amount includes donations to his official campaign committee and outside groups like single-candidate super PACs and hybrid PACs or Carey Committees.

Who is the founder of Paloma Partners?

The founder and chief investment officer of hedge fund Paloma Partners, Sussman has been a longtime major donor to Democrat candidates. He gave to the Priorities USA Action and Pacronym political action committees.

Who is Reid Hoffman?

8.Reid Hoffman, Greylock Partners - $2.5 million. Hoffman is the co-founder and former executive chair of LinkedIn. The billionaire tech investor is currently a partner at a venture capital firm. He backed Alloy, a data exchange platform for the Democratic party which will begin to wind down its operations next year.

Who is the most paid hedge fund manager in 2019?

Mandel founded hedge fund Lone Pine , which has an excellent long-term track record. He was among the top 10 highest paid hedge fund managers in 2019, with an income close to $1 billion. He gave to the American Bridge 21st Century political action committee.

Is Seth Klarman a Republican?

Billionaire investor Seth Klarman is a longtime independent and has given to the Republican Party in the past. "I’ve seen meaningful numbers of people put aside what would appear to be their short-term economic interest because they value being citizens in a democracy," he told The New York Times in August about the election cycle. He gave to the Pacronym, Priorities USA Action and Unite the Country political action committees.

How much is Warren Buffett worth?

Buffett has a net worth of $80 billion, according to Forbes.

Who did Joe Biden talk to?

Reuters (L) | CNBC (R) Democratic nominee Joe Biden told donors during a virtual fundraiser on Wednesday that he had just spoken to influential billionaire investor Warren Buffett.

Is Mark Kelly a Democrat?

He has, however, given to the Democratic Congressional Campaign Committee and Democratic Arizona Senate candidate Mark Kelly’s campaign. The billionaire investor has previously told CNBC he’s not a card-carrying Democrat, pointing out that he’s voted for Democratic candidates and Republican candidates over the years.

How much is Dustin Moskovitz worth?

Insights: Dustin Moskovitz is one of the founders of Facebook and enjoys a net worth in the neighborhood of $16 billion. He’s used some of his vast wealth to support Democratic candidates and causes in addition to a wide variety of philanthropic endeavors. Laurene Powell Jobs. Position: Founder and president.

Who is Barry Diller?

Insights: Barry Diller is one of the more well-known CEOs on the list. In addition to manning internet and media giant IAC, he’s the chairman of travel provider Expedia. Previously, Diller was an entertainment-industry executive, helping to launch such beloved shows as “Cheers” and “The Simpsons.”. Joseph W. Craft.

Who is Joe Kiani?

Insights: Joe Kiani is the founder, chairman and CEO of Masimo Corp., a global medical technology company. Kiani favors left-leaning candidates, contributing nearly $600,000 to the Biden Victory Fund and the liberal AB PAC.

Who is the CEO of Twilio?

Company Name: Twilio, Inc. Amount donated in 2019-2020: $632,360. Donated to: Biden Victory Fund. Insights: In addition to being the CEO, Jeff Lawson is the co-founder of cloud communications platform Twilio, which adds video, messaging and voice to mobile and web apps.

Who is Steve Wynn?

Charles R. Schwab. Position: Founder and Chairman.

Who is Kelcy Warren?

Insights: Kelcy Warren co-founded pipeline operator Energy Transfer Partners in 1995. His company benefited from an executive order from President Trump to build the $3.8 billion Dakota Access Pipeline in 2017, so it stands to reason that Warren is among Trump’s biggest supporters.

Who are the backers of Biden?

Notable backers: Len and Emily Blavatnik, Neil Bluhm, Judy Dimon (wife of Jamie Dimon), Meg Whitman. Bluhm, a Chicago real estate and gambling tycoon, hosted a Biden fundraiser at his home in September. Elizabeth Warren and Bernie Sanders “don’t represent the Democratic Party” that he supports, the billionaire said at the time, ...

How much money did Steyer donate to Jay Inslee?

A billionaire himself, Steyer has contributed $47.6 million of his own money to his campaign, which means that he’s gotten only about $2 million from other donors, including three Fishers, all heirs to the Gap fortune. A month before Steyer declared his candidacy, his wife, Kat Taylor, donated to Jay Inslee’s campaign.

How many billionaires are there in 2019?

By the close of the latest fundraising period, on September 30, 2019, Kamala Harris, Joe Biden, Pete Buttigieg and Cory Booker each counted at least 40 billionaires or spouses of billionaires among their backers. Call it the billionaire horse race, as candidates travel the country collecting funds from the richest people in America.

Who is the transgender woman who supported Trump?

A retired Army lieutenant colonel and Hyatt heiress, Pritzker supported Trump in 2016 and contributed over $250,000 to committees associated with his campaign in the months leading up to the general election. A transgender woman, Pritzker has since spoken out against Trump’s transgender military ban.

Who is David Hall's wife?

Notable backer: Marta Thoma Hall (wife of David Hall) Federal filings show that the billionaire basher received a negligible $470 from Marta Thoma Hall, the wife of billionaire Velodyne founder David Hall. After Forbes notified the Sanders’ camp of the contribution, the campaign said he won’t be keeping the money.

Who is the CEO of the Yang Gang?

Yang welcomed Twitter CEO Jack Dorsey to the Yang Gang on his own platform after he made a contribution in March, tweeting, “More people join the #YangGang all the time.”