Billionaire Simmons Spreads Wealth to GOP PACs, Candidates

Tuesday, 21 Feb 2012 02:44 PM

By Dan Weil

Share:
More . . .
A    A   |
   Email Us   |
   Print   |
Most of the wealthiest Republican presidential campaign donors are backing one candidate only. Casino/hotel mogul Sheldon Adelson is financing Newt Gingrich, for example. And money management heavyweight Foster Friess is keeping Rick Santorum afloat.

But Harold Simmons, a leveraged buyout investor estimated by Forbes to be worth $9 billion, is spreading the wealth, Politico reports. The Dallas resident has been a longtime supporter of Texas Gov. Rick Perry, who dropped out of the presidential campaign last month.

In January, Simmons contributed $5 million to the Karl Rove-linked super PAC American Crossroads, or almost all the money it received last month, according to federal filings. In 2011 he gave the PAC $7 million.

Simmons gave $100,000 last month to Restore Our Future, a super PAC backing presidential candidate Mitt Romney. Simmons has twice forked over $500,000 to Winning Our Future, the super PAC supporting Gingrich. One of those donations came in January, and the other last year.

Simmons also offered up a $1 million contribution last year to Make Us Great Again, the super PAC backing Perry. And the billionaire has donated $2,500 each to the campaigns of Romney, Gingrich, Perry, and former Minnesota Gov. Tim Pawlenty, who also ran briefly.


© 2012 Newsmax. All rights reserved.

Share:
More . . .
   Email Us   |
   Print   |
Around the Web
 
Email:
Country
Zip Code:
 
Follow Newsmax
Around the Web
You May Also Like

GOP Raises New Questions Over bin Laden Movie

Friday, 25 May 2012 12:20 PM

Congressional Republicans on Wednesday intensified their scrutiny of the Obama Administration s cooperation with filmmak . . .

Wis.’s Kleefisch: Recall May Signal Election Outcome

Friday, 25 May 2012 12:06 PM

Wisconsin Lt. Gov Rebecca Kleefisch says the recall election there June 5 will absolutely signal how this November s g . . .

Harvard Diversity Filings Prompt More Scrutiny of Warren

Friday, 25 May 2012 11:34 AM

Harvard University labor reports to the federal government over the past six years are raising more questions about Mass . . .

Latest News Stories
 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved