By Matthew Vadum ——Bio and Archives--September 27, 2016
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Capital Research Center
Democratic presidential candidate Hillary Clinton has taken in $21.1 million for her campaign and its supporting political action committees from U.S. billionaires, more than 20 times the $1.02 million Republican Donald Trump has taken in from billionaires, Bloomberg News reports.
While the role the wealthiest play in American politics has come under increased scrutiny with growing attention to income inequality fueling the rise of populist candidates, contributions from U.S. billionaires on the Bloomberg index amount to 3 percent of the $708 million raised by the two candidates, as of the latest Federal Election Commission filings. Hedge fund billionaire George Soros is the biggest spender among donors on the index, giving almost $11.9 million to Clinton’s cause. A Hungarian immigrant to the U.S., Soros is the 17th-richest person in the country with $24.7 billion, according to the index.
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Matthew Vadum, matthewvadum.blogspot.com, is an investigative reporter.
His new book Subversion Inc. can be bought at Amazon.com (US), Amazon.ca (Canada)
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