Newt Gingrich, Campaign Funds | featured news

When he entered the race for the Republican presidential nomination in May 2011, Newt Gingrich was the prosperous head of a small empire commonly known as Newt Inc, which included both for-profit consultancies and nonprofit foundations. Altogether, these entwined ventures pulled in more than $110 million over the past decade. Now the vestiges of this empire are mired in debt, as is Gingrich's campaign fund.

Abraham Foxman, the amiably chatty director of the Jewish civil rights group, the Anti-Defamation League, has a story to tell about his friend, the 78-year-old multi-billionaire casino mogul Sheldon Adelson. Adelson, who is America's eighth richest man and has given millions of dollars in support of Newt Gingrich's presidential bid, was having dinner with Foxman in Las Vegas several years ago. Foxman let slip that he was having to miss an invitation to the White House from the then president, George W. Bush. Foxman explained it was impossible to get a commercial flight. Adelson replied: "If the president of the United States asks you to go, you go." Then he gave Foxman the use of his private plane.

Mitt Romney and Newt Gingrich attack each other ahead of a debate in Florida on Monday, just days after Mr Gingrich's upset in the South Carolina primary. Mr Gingrich's campaign said it received $1m (£643,000) in 24 hours following his primary win in South Carolina.

A Las Vegas billionaire with ties to Newt Gingrich has given $5 million to an independent group backing the former House Speaker's presidential bid.