Fox Business
Expand
Browse All Video
Watch Live

You're watching...

Politicians’ Billionaire Backers

Details

  • Description

    FBN’s Gerri Willis on some of the wealthiest backers of the Presidential candidates and Super PACs.

  • Duration 2:11
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

We know talks and in this presidential primary season.

It's not just talking it's -- filibustering.

The new super -- ushered in by a pair a federal court rulings.

Allows for single -- whether individuals are unions are companies to make unlimited contributions to candidates.

Super -- aren't allowed to coordinate directly with the campaigns but many are making their feelings known.

Here are three millionaires that have made no secret of their support of specific candidates.

Meet -- adults and now the casino king has a net worth of 21 and a half billion dollars.

And according to force his company the Las Vegas Sands has scored an -- has scored by developing casino properties in Singapore and Macau.

But you may be familiar with his American properties the Venetian and the -- so.

Both in Vegas he's also known for developing com debts that's the marquee computer conference event.

Adults and is the son of -- taxi driver and dropped out of the city college of New York.

His donation of five million dollars to Newt Gingrich helped resuscitate the speaker's campaign after the Iowa caucus.

Then there's John Huntsman senior that's of course the father -- candidate Jon Huntsman who founded Huntsman chemical.

-- the net worth of more than one and a half billion dollars.

Huntsman the company was once the largest privately held chemical company in the nation.

And Huntsman senior -- by acquisition after acquisition after acquisition.

Spiking oil prices force the billionaire to sell just under half of the company.

-- -- turnaround last year taking the company public his investments in the super -- backing his son is said to be in the millions.

And finally -- -- freeze the mutual fund king is a major financial backer of the super -- supporting Rick Santorum.

-- founded his own management firm -- associates which grew to a nearly sixteen billion dollar fine under the name brandywine.

In the 1990s it was a top performer posting average annual gains -- 20%.

Now -- a long time donor to some social conservative causes that Santorum has championed.

More information on super pacs and their donors will be made public at the end of the month will report on all of those numbers in the wealthy -- contribute to the president's reelection campaign.

Load More