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Have you ever wondered which presidential candidate America's billionaires are supporting during the 2016 election cycle? Well, wonder no more. When you are looking at this data, please keep in mind that these billionaire donors also donate money to other Democratic or Republican Party recipients including PACs, Congressional races and state political wings so their donations to the candidates generally represent a very small portion of their total political donations. For example, while Warren Buffett has only donated $2,700 to Hillary Clinton, he has donated over $132,000 to otters Democratic candidates and committees.
Here is a listing of the top ten America's billionaire donors (in order of wealth) who have donated funds to Hillary Clinton's campaign and how much they have donated so far in this cycle:
A very significant portion of Ms. Clinton's billionaire-sourced funding has come from two individuals; George Soros and James Simons who have donated just short of $19 million between the two of them. As well, looking in detail at donor data according to Open Secrets, Alice Walton of Walmart fame, has donated a whole $20 to Donald Trump's campaign. That would buy a couple of Chinese made t-shirts at one of her stores! I guess you have to play both sides of the political spectrum, just in case.
Here is a listing of the top ten America's billionaire donors (in order of wealth) who have donated funds to Donald Trump's campaign and how much they have donated so far in this cycle:
Unfortunately, Bradley Hughes Sr. doesn't quite make the list, missing the top ten by a mere $100 million. Mr. Hughes, founder of American Homes 4 Rent, has given Mr. Trump $449,000, the top billionaire Trump donor. As significant as his donation is, it would only put him in fourth place among Hillary Clinton's pantheon of billionaire donors, well behind her first, second and third place donors.
Despite the fact that Donald Trump is one of their billionaire peers, it's quite interesting to see that America's billionaires appear to be reluctant backers of one of their own.