Billionaire Simmons Spreads Wealth to GOP PACs, Candidates

Tuesday, 21 Feb 2012 02:44 PM

By Dan Weil

  Comment  |
   Contact  |
  Print   |
    A   A  
  Copy Shortlink
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.


© 2014 Newsmax. All rights reserved.

  Comment  |
   Contact  |
  Print   |
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Tea Party Stalwart Mike Lee Seen as Enemy to Some in Utah GOP

Monday, 22 Dec 2014 16:31 PM

Sen. Mike Lee infuriated Utah's Republican Party establishment in 2010 when he defeated incumbent GOP Sen. Robert Bennet . . .

Rep. Michael Grimm to Plead Guilty in Tax Fraud Case

Monday, 22 Dec 2014 15:37 PM

Rep. Michael Grimm of New York is expected to plead guilty on Tuesday to resolve federal tax fraud and other charges, a  . . .

Report: GOP Eyes 'Budget Reconciliation' in Obamacare Battle

Monday, 22 Dec 2014 13:30 PM

Some Republicans on Capitol Hill are talking about using the "budget reconciliation" process in an effort to repeal Obam . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

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