Billionaire Donates $100,000 to Dem PAC in Virginia

The donation made hedge fund manager Donald Sussman the PAC's largest outside donor

Win Virginia/ Facebook Screenshot
June 28, 2019

Donald Sussman, a billionaire hedge fund manager, donated $100,000 to a Democratic political action committee in Virginia earlier this month, making him the single largest donor outside of the PAC's board members.

Sussman, who has donated tens of millions of dollars to Democratic causes and campaigns across the United States, donated $100,000 to the Win Virginia PAC on June 19. Win Virginia is a PAC aimed at helping Democrats minimize Republican control in Virginia's House of Delegates and Senate.

Win Virginia, which spent over $570,000 to help Democratic candidates in statewide races in 2017, is mobilizing to try to take back the House of Delegates and Senate this November. So far this election cycle, the PAC has donated at least $154,000 to over 50 Democrats, according to the Virginia Public Access Project.

This isn't the first time Sussman has donated to Win Virginia. The billionaire donated $100,000 to the PAC in October 2017 and donated hundreds of thousands of dollars to the governor and lieutenant governor races. Sussman made three $100,000 donations to the unsuccessful gubernatorial campaign of Tom Periello during the Democratic primary.

He would later donate $250,000 to the gubernatorial campaign of Ralph Northam and $100,000 to the lieutenant governor campaign of Justin Fairfax, who have both faced scandals during their administration. Fairfax was accused of sexual assault by two women in February and it was revealed less than a week earlier that Northam's medical school yearbook page showed a man in blackface standing with a man in a Ku Klux Klan outfit.

Sussman has also been involved in Democratic causes on a national level. He made several multi-million-dollar donations to the Priorities USA super PAC, Senate Majority PAC, and has donated hundreds of thousands of dollars to the Democratic Senatorial Campaign Committee, Democratic Congressional Campaign Committee, and the Democratic National Committee, according to the Center for Responsive Politics.

Earlier this year, a federal grand jury in Tallahassee issued at least one subpoena to investigate Andrew Gillum, the former Tallahassee mayor and failed gubernatorial candidate. Sussman, who donated $1.5 million to Gillum's campaign, was also named in the subpoena, according to the Washington Examiner.