Billionaire, Campaign Funds | featured news

Billionaire financier George Soros has given $1 million to the primary super PAC helping President Obama. The funding is a boost to Priorities USA Action in the final weeks of the campaign.

They never got close, and Mitt Romney may not have even seen them, but protesters — some from Occupy Wall Street — took political theater to a new level Sunday outside the beachfront estate of billionaire David H. Koch, where the Republican candidate was raising money. Some of the 200 protesters marched down mile-long Coopers Beach toward the home in a cloud of sand, bearing banners and signs: "Your $50,000 ticket equals my child's education," "end corporate personhood" and "don't forget to tip the help."

Sheldon Adelson has reportedly given $10 million to Republican Mitt Romney’s Super PAC. This should come as no surprise and expect the $10 million to be just be the beginning of a total gift that Adelson, the billionaire owner of the Las Vegas Sands casino empire, will likely rain on the Romney campaign.

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.

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.