Oct 27, 2020 · Warren Buffett. Position: Chairman and CEO. Company Name: Berkshire Hathaway. Amount donated in 2019-2020: $254,100. Donated to: …
Jan 29, 2021 · Copyright AFP 2017-2022. All rights reserved. Social media posts claim billionaire investor Warren Buffett donated $58 million to Joe Biden’s campaign, linking this to the Democratic president’s...
In 2019, Buffett donated $248,500 to the Democratic Congressional Campaign Committee and $5,800 to the senatorial campaign of Mark Kelly (D-Ariz.), according to Federal Election Commission records.
Nov 10, 2020 · According to Opensecrets.org, Warren Buffett donated to Clinton’s campaign in 2016 and Obama’s campaign in 2012. He also hosted a fundraiser for Obama in 2011, and has donated regularly to the ...
Nov 18, 2019 · We found 22 billionaires who did not give any money but are married to people who did. By the close of the latest fundraising period, on …
Social media posts claim billionaire investor Warren Buffett donated $58 million to Joe Biden’s campaign, linking this to the Democratic president’s decision to revoke the Keystone XL oil pipeline permit.
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,” said a January 27, 2021 Facebook post shared more than 63,000 times, which misspelled Buffett’s last name.
Buffett, who is known as the Oracle of Omaha, is a longtime Democratic supporter who very publicly endorsed Hillary Clinton and financially supported Obama. But he was noticeably not vocal about supporting Biden.
Keystone XL is a 1,200-mile expansion of the company’s existing pipeline system, linked to refineries on the US Gulf Coast, that from 2023 would have transported up to 830,000 barrels of crude per day from Alberta's oil sands.
Warren Buffett Has Donated Tens of Billions of His Fortune So Far. Anyone who sees how much Warren Buffett has donated to charity can attest that the “Oracle of Omaha” is already making good on his pledge to give away more than 99 percent of his wealth to philanthropic efforts.
However, the 4.1 billion stock donation in 2021 surpassed his previous top donation in 2019, when he gave away $3.6 billion, according to Reuters. With that donation, Buffett declared he had reached the halfway mark in his goal to donate his entire fortune. Article continues below advertisement.
Buffett made that pledge in 2010 when he, Bill Gates, and Melinda Gates created The Giving Pledge to inspire other one-percenters to donate the majority of their fortunes to good causes. Article continues below advertisement. “Were we to use more than 1 percent of my [Berkshire Hathaway stock certificates] on ourselves, ...
According to the report, Buffett didn't make any contributions to Biden’s 2020 presidential campaign. Also, he didn't make any individual contributions in 2020.
While many speculated on the timing of Buffett's resignation from the Bill and Melinda Gates Foundation's board, which comes amid allegations of sexual misconduct on the part of Bill Gates, the Omaha billionaire still supports the Gates Foundation. In fact, the charity was among the biggest recipients ...
He supported some of Bernie Sanders’ socialist policies and said that the government should be “doing better by people who get left behind.”. However, he clarified, “I don’t believe in giving up the capitalist system.”.
But there is no record of him having donated to Joe Biden’s campaign. Buffett also donates to social causes. Every year, he auctions a private lunch with him, and the proceeds of that go to charity. In 2019, Buffett held the charity lunch with cryptocurrency entrepreneur Justin Sun.
However, the Oracle of Omaha was proven wrong. In his 2018 shareholder letter, Buffett said “Americans will be both more prosperous and safer if all nations thrive,” in an apparent reference to Trump’s trade war. Buffett has been especially critical of Trump’s bashing of Fed chairman Jerome Powell.
Whereas there's no publicly available information confirming that Buffett is a registered Democrat, in 2020, he said he was. He added that he's “not a card-carrying Democrat” and that he's voted for some Republican candidates in the past. Incidentally, Buffett’s father was a Republican congressman from Nebraska.
Forbes mined roughly 2.5 million entries in the Federal Election Commission database and found that almost 20% of American billionaires have donated—either directly or through their spouse—to the campaign committees of Democrats running for president. Ninety-one billionaires donated in their own names.
We found 22 billionaires who did not give any money but are married to people who did. 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 ...
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.
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, ...
Notable backers: Barry Diller, Jonathan Gray, Stanley and Karen Hubbard, Lynda Resnick. Broadcasting billionaire Stanley Hubbard and his wife, Karen, who typically donate to Republicans, pitched in for the senator from Minnesota. Read more about Klobuchar’s donors here.
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.
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.”
Company Name: Berkshire Hathaway. Amount donated in 2019-2020: $254,100. Donated to: Democratic Congressional Campaign Committee. Insights: Though Warren Buffett is one of the most well-known CEOs on this list, he donated the smallest amount to the election, with just over $250,000 going to the DCCC.
Insights: Stephen Schwarzman is one of the most generous Republican donors, pumping in million dollars to foundations such as the Trump Victory fund. Personally worth more than $18 billion, Schwarzman co-founded investment firm Blackstone, which is now the largest buyout firm in the world. 35/37.
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.
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.
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.
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: S&B Engineers and Constructors operates mining, oil and gas, and construction businesses based in Houston. The chairman of the board, James G. Slaughter, is a Republican booster — to the tune of more than $1 million in 2019-20. 13/37.
It is true that Buffett’s company, Berkshire Hathaway, owns BNSF Railway, a freight railroad network that transports crude oil. While analysts over the years have suggested that the Keystone XL pipeline would take business from BNSF, Buffett voiced his support for the project in a CNBC television appearance in 2014.
THE FACTS: On Biden’s first day in office, he halted construction of the Keystone XL pipeline. The 1,700-mile pipeline was planned to carry roughly 800,000 barrels of oil a day from Alberta to the Texas Gulf Coast. ADVERTISEMENT.
Buffett makes annual donations worth $2.9B to 5 charities. Billionaire Warren Buffett has given away another $2.9 billion of his Berkshire Hathaway stock to five foundations as part of his plan to gradually give away his fortune. By The Associated Press. July 8, 2020, 2:35 PM.
Buffett’s gifts were worth more than $37 billion based on Berkshire’s share price when the gifts were given. This year, Buffett also estimated how much he has saved in tax deductions over the years as a result of his charitable contributions.
Buffett also gave stock to his own foundation and to the foundations run by each of his three children. Altogether, he donated nearly 16 million Class B Berkshire shares. Buffett has been giving away blocks of Berkshire stock since 2006.
OMAHA, Neb. -- Billionaire Warren Buffett has given away another $2 .9 billion of his Berkshire Hathaway stock to five foundations as part of his plan to gradually give away his fortune. Buffett disclosed the annual gifts Wednesday. The biggest donation went to the Bill & Melinda Gates Foundation. Buffett also gave stock to his own foundation ...
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.
Biden supporters may also give to joint fundraising committees set up for the presidential campaign and the Democratic National Committee like the Biden Victory Fund and Biden Action Fund.
Phillip Ragon, Intersystems Corporation - $2.5 Million. Also known as "Terry," Ragon is the founder and CEO of private healthcare software company Intersystems. He and his wife, Susan, have signed The Giving Pledge. He gave to the American Bridge 21st Century political action committee.
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.
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.
Millions of dollars have come into the PAC from the affiliated Priorities USA nonprofit, but since it doesn't disclose donors, it's known as a "dark money" group and we can't be certain who contributed to it.
The longtime entrepreneur and philanthropist and his wife, Cari Tuna, donated over $30 million to Democrats in 2016 and 2018 and more to nonpartisan political groups focused on voter-registration pushes and the like.
The onetime Republican and independent has plowed at least $160 million into Democratic groups and candidates since 2012. He seems unlikely to spend on the primaries, but he’s known to like Joe Biden and to have deep suspicions about Sanders and Warren.
No. 3: George Soros. The left’s most prominent benefactor. Soros gives democrats and left-leaning organizations a lot of money — over $40 million to federal candidates and groups since 2015 alone — but he’s not just in demand because of his wallet.