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.
Jan 28, 2021 · But the post’s main thesis, that the Berkshire Hathaway CEO was a major donor to Biden’s campaign, is not true. “Warren Buffet owns the railroad that is now transporting all that oil. Warren Buffet donated 58 million to Biden campaign. Warren Buffet would lose billions in transport fees if the pipeline is completed.
Feb 02, 2021 · Warren Buffett donated 58 million to Biden campaign. Warren Buffett would lose billions in transport fees if the pipeline is completed. See how politics works?
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.
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.
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.
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.
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.
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.
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.
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 ...
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.
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.
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.
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.
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.
Charles R. Schwab. Position: Founder and Chairman.
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.
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.
Insights: Steve Wynn is a legend in Las Vegas, where he operated several notable hotels before building Wynn Las Vegas. The mogul sold his stake in casinos from Vegas to Macau, China, in 2018 and has used some of the proceeds to support the Trump Victory campaign.
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.
Insights: Sigma-Aldrich Corp. is a life sciences and biotechnology company. Its chairman, Barrett Toan, is a prominent Democratic donor, sending more than $1 million over the past year to Joe Biden and various Democratic organizations. Check Out: 48 CEOs Taking Pay Cuts To Help Their Companies Survive the Coronavirus.
Buffett has a net worth of $80 billion, according to Forbes.
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.
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.
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. 4/37. Tiago Petinga/Epa/REX/Shuttersto / Tiago Petinga/Epa/REX/Shuttersto.
Insights: James Dolan is the first major Republican donor on the list , kicking in nearly $750,000 to the Trump Victory fund and the RNC. He's also the owner of trophy properties that include Madison Square Garden and the New York Knicks. 7/37. Debby Wong / Shutterstock.com.
Insights: Steve Wynn is a legend in Las Vegas, where he operated several notable hotels before building Wynn Las Vegas. The mogul sold his stake in casinos from Vegas to Macau, China, in 2018 and has used some of the proceeds to support the Trump Victory campaign. 27/37.
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. He's also an active supporter of Democratic causes, contributing more than $600,000 to the Biden Victory Fund.
After earning a B.A. in English with a Specialization in Business from UCLA, John Csiszar worked in the financial services industry as a registered representative for 18 years. Along the way, Csiszar earned both Certified Financial Planner and Registered Investment Adviser designations, in addition to being licensed as a life agent, while working for both a major Wall Street wirehouse and for his own investment advisory firm. During his time as an advisor, Csiszar managed over $100 million in client assets while providing individualized investment plans for hundreds of clients.
The November election could prove to be one of the most controversial ever when it comes to the American presidency. President Donald Trump is already sounding off that the election is ripe for fraud, with him questioning the reliability of mail-in ballots.
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, ...
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.
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.
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.
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.”
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.