The PEDO Billionaire Backing Pete Buttigieg’s Presidential Campaign

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Here Are The Billionaires Backing Pete Buttigieg’s Presidential Campaign

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Forty billionaires and their spouses have donated to Pete Buttigieg’s presidential campaign, according to an analysis of federal election filings, making the South Bend, Indiana mayor a favorite among America’s richest people.

Forbes found that Buttigieg got donations from 13 big-money donors who gave exclusively to him—by far the most of any Democrat running for president. Two of those donors have connections to Donald Trump. Jennifer Pritzker, a transgender retired Army lieutenant colonel who inherited a chunk of the Hyatt hotels fortune and previously backed the president, is now giving to Buttigieg. So is Daryl Roth, the wife of Trump business partner Steven Roth.

More than one third of Buttigieg’s wealthy benefactors got rich in finance and investments. That group includes seven who built their fortunes from hedge funds, including Bill Ackman, Philippe Laffont and Seth Klarman.

Buttigieg has also received support from the tech industry. His donors include Wendy Schmidt, the wife of former Google CEO Eric Schmidt, and Netflix chief executive Reed Hastings, a duo that recently helped host a fundraiser for Buttigieg in Silicon Valley, according to Recode. A different California meetup, held in Napa Valley, got the attention of Elizabeth Warren, who criticized Buttigieg in the debate Thursday night for meeting with rich people in a “wine cave full of crystals.”

Read more in our series: Here Are The Billionaires Funding The Democratic Presidential Candidates

Buttigieg responded that taking donations from rich people did not make his campaign polluted by corrupt interests. “We need the support from everybody who is committed to helping us defeat Donald Trump,” he said.

According to the most recent filings, which reflect donations through September 30, Buttigieg has raised $52 million. The only two Democrats who have raised more? Warren and Bernie Sanders, the Vermont senator who has rejected all donations from billionaires.

How Pete Buttigieg’s Donors Got Rich

Forbes found 40 billionaires and their spouses who have contributed to Buttigieg’s campaign. They built their fortunes in 10 industries.

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Buttigieg’s billionaire backers, ranked by net worth:

LEN AND EMILY BLAVATNIK

Net worth: $19.6 billion *

Source of wealth: Diversified

Size of donation: $4,000

Also supported: Joe Biden

Other notable contributions: Democratic Congressional Campaign Committee ($248,500); McCarthy Victory Fund ($200,000), to support California Republican Representative Kevin McCarthy **


CHRISTOPHER MCKOWN, HUSBAND OF ABIGAIL JOHNSON

Spouse’s net worth: $15.9 billion

Source of wealth: Money management

Size of donation: $5,600

Also supported: No one directly


WENDY SCHMIDT, WIFE OF ERIC SCHMIDT

Spouse’s net worth: $15.4 billion

Source of wealth: Google

Size of donation: $5,600

Also supported: No one directly

Other notable contributions: Katie Hill for Congress ($5,600) to support the California Democratic Representative; Tom Malinowski for Congress ($5,600) to support the New Jersey Democratic Representative


DAVID GEFFEN

Net worth: $8.7 billion

Source of wealth: Movies, record labels

Size of donation: $5,600

Also supported: No one directly


KATHARINE RAYNER

Net worth: $6.5 billion

Source of wealth: Media, automotive

Size of donation: $5,600

Also supported: Joe Biden

Other notable contributions: DCCC ($35,500)


DANIEL ZIFF

Net worth: $5 billion

Source of wealth: Investments

Size of donation: $2,800

Also supported: No one directly.

Other notable contributions: Big Sky Values PAC ($5,000) to support Montana Governor Steve Bullock


DIRK AND NATASHA ZIFF

Net worth: $5 billion

Source of wealth: Investments

Size of donation: $5,600

Also supported: No one directly.

Other notable contributions: DNC Services Corp./Dem. Nat’l Committee ($678,000)


JO CAROLE LAUDER, WIFE OF RONALD LAUDER

Spouse’s net worth: $4.3 billion

Size of donation: $2,800

Source of wealth: Estée Lauder

Also supported: No one directly


BARRY DILLER

Net worth: $4.1 billion

Source of wealth: Online media

Size of donation: $2,800

Also supported: Amy Klobuchar

Other notable contributions: Lindsey Boylan for Congress ($2,800) to support the New York Democratic candidate


REED HASTINGS

Net worth: $3.9 billion

Source of wealth: Netflix

Size of donation: $5,600

Also supported: No one directly


JONATHAN GRAY

Net worth: $3.9 billion

Source of wealth: Blackstone

Size of donation: $2,800

Also supported: Joe Biden, Michael Bennet, Cory Booker, Kirsten Gillibrand (dropout), Amy Klobuchar, Kamala Harris (dropout), John Hickenlooper (dropout), Seth Moulton (dropout), Beto O’Rourke (dropout)

Other notable contributions: Democratic Senatorial Campaign Committee ($35,500); DCCC ($35,500)


JON STRYKER

Net worth: $3.8 billion

Source of wealth: Medical equipment

Size of donation: $2,800

Also supported: Kirsten Gillibrand (dropout), Kamala Harris (dropout)

Other notable contributions: SMP ($300,000), a super PAC that opposed Republican candidates for Congress in 2018, including Senator Josh Hawley, of Missouri, and Senator Rick Scott, of Florida


BARBARA HOSTETTER, WIFE OF AMOS HOSTETTER

Spouse’s net worth: $3.6 billion

Source of wealth: Cable television

Size of donation: $2,800

Also supported: Michael Bennet, Kirsten Gillibrand (dropout), Seth Moulton (dropout)

Other notable contributions: Maintaining A Majority ($25,000) to support Democratic candidates in the House of Representatives


AMY GOLDMAN FOWLER

Net worth: $3.4 billion

Source of wealth: Real estate

Size of donation: $2,800

Also supported: Amy Klobuchar

Other notable contributions: SMP ($500,000)


SUSAN PRITZKER, WIFE OF NICHOLAS PRITZKER

Spouse’s net worth: $2.2 billion

Source of wealth: Hotels, investments

Size of donation: $2,000

Also supported: Kirsten Gillibrand (dropout), Jay Inslee (dropout), Kamala Harris (dropout), Elizabeth Warren

Other notable contributions: Schiff Leads PAC ($5,000) to support California Democratic Representative, Adam Schiff


KATHY YARBROUGH, WIFE OF JON YARBROUGH

Spouse’s net worth: $2.2 billion

Source of wealth: Video games

Size of donation: $1,000

Also supported: Joe Biden


GLENN DUBIN

Net worth: $2 billion

Source of wealth: Hedge funds

Size of donation: $2,800

Also supported: Michael Bennet, Steve Bullock (dropout)


JENNIFER PRITZKER

Net worth: $2 billion

Source of wealth: Hotels, investments

Size of donation: $1,000

Also supported: No one directly

Other notable contributions: Mike Gallagher for Wisconsin ($2,800) to support the Republican representative; Steil For Wisconsin ($2,800) to support Republican Representative Bryan Steil


REID HOFFMAN

Net worth: $1.9 billion

Source of wealth: LinkedIn

Size of donation: $2,800

Also supported: Michael Bennet, Cory Booker, Steve Bullock, Kirsten Gillibrand (dropout), Jay Inslee (dropout), Kamala Harris (dropout), Amy Klobuchar

Other notable contributions: Democratic Grassroots Victory Fund ($865,000), a political action committee that supports state Democratic parties


BARBARA ALFOND, WIFE OF TED ALFOND

Spouse’s net worth: $1.8 billion

Source of wealth: Shoes

Size of donation: $350

Also supported: Beto O’Rourke (dropout)


MARC AND CATHY LASRY

Net worth: $1.8 billion

Source of wealth: Hedge funds

Size of donation: $3,500

Also supported: Joe Biden, Cory Booker, Kirsten Gillibrand (dropout), Kamala Harris (dropout), Amy Klobuchar, Joe Sestak (dropout)

Other notable contributions: Mark Kelly for Senate ($2,800) to support the Arizona Democratic candidate for Senate


WILLIAM ACKMAN AND NERI OXMAN

Net worth: $1.7 billion

Source of wealth: Hedge funds

Size of donation: $11,200

Also supported: Cory Booker, Michael Bennet

Other notable contributions: Mark Kelly for Senate ($2,800); Collins for Senator ($5,400) to support Maine Republican Senator Susan Collins; Mikie Sherrill for Congress ($5,600) to support the New Jersey Democratic representative


NICOLE SYSTROM, WIFE OF KEVIN SYSTROM

Spouse’s net worth: $1.6 billion

Source of wealth: Instagram

Size of donation: $1,000

Also supported: Cory Booker, Jay Inslee (dropout)


JONATHAN TISCH

Net worth: $1.6 billion

Source of wealth: Insurance, NFL team

Size of donation: $2,800

Also supported: Joe Biden, Cory Booker, Amy Klobuchar

Other notable contributions: Priorities USA Action ($100,000), a political action committee that opposes Republicans and support Democratic candidates


SETH KLARMAN

Net worth: $1.5 billion

Source of wealth: Hedge funds

Size of donation: $5,600

Also supported: Michael Bennet, Cory Booker, John Delaney, Kamala Harris (dropout), Amy Klobuchar

Other notable contributions: Weld 2020 Presidential Campaign Committee ($5,600) to support Republican presidential candidate Bill Weld; DSCC ($150,000); DCCC ($213,000)


PHILIPPE LAFFONT

Net worth: $1.4 billion

Source of wealth: Hedge funds

Size of donation: $5,600

Also supported: No one directly


ANNA MCKELVEY, WIFE OF JIM MCKELVEY  

Net worth: $1.3 billion

Source of wealth: Square

Size of donation: $2,800

Also supported: Cory Booker


MIMI HAAS

Net worth: $1.2 billion

Source of wealth: Levi’s jeans

Size of donation: $2,800

Also supported: No one directly.

Other notable contributions: Schiff Leads PAC ($1,500)


CHRIS AND CRYSTAL SACCA

Net worth: $1.2 billion

Source of wealth: Venture capital

Size of donation: $5,600

Also supported: Joe Biden, Cory Booker, Kamala Harris (dropout), Jay Inslee (dropout), Beto O’Rourke (dropout), Elizabeth Warren

Other notable contributions: Kathleen Williams for Montana ($5,600) to support the Democratic candidate’s congressional campaign; Amy McGrath for Senate ($4,200) to support the Kentucky Democratic candidate


DANIEL AND MICHELLE LUBETZKY

Net worth: $1.1 billion

Source of wealth: KIND Healthy Snacks

Size of donation: $5,600

Also supported: Joe Biden, Beto O’Rourke (dropout)

Other notable contributions: Kentucky State Democratic Central Executive Committee ($10,000), Weld 2020 Presidential Campaign Committee ($2,800)


FRED LUDDY

Net worth: $1.1 billion

Source of wealth: Software

Size of donation: $2,800

Also supported: No one directly.

Other notable contributions: Sasse Leadership Committee ($7,600) to support Republican Senator of Nebraska, Ben Sasse


DARYL ROTH, WIFE OF STEVEN ROTH

Spouse’s net worth: $1.1 billion

Source of wealth: Real estate

Size of donation: $2,800

Also supported: No one directly


LAURIE TISCH

Net worth: $1.1 billion

Source of wealth: Insurance, NFL team

Size of donation: $2,800

Also supported: Joe Biden, Cory Booker

Other notable contributions: Planned Parenthood Votes ($10,000); Iowa Democratic Party ($10,000)


STEVEN TISCH

Net worth: $1.1 billion

Source of wealth: Insurance, NFL team

Size of donation: $2,800

Also supported: Cory Booker

 

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