Hillary Clinton’s candidacy is receiving a major boost from a small group of deep-pocketed donors who have combined to give $43 million to super PACs supporting her nomination, an analysis of campaign finance filings by InsideGov shows.
The three major super PACs backing Clinton– Correct the Record, American Bridge 21st Century, and Priorities USA Action– have collected nearly $70 million to date with the help of wealthy liberal donors cutting checks in the seven-figure range. Of the $70 million these groups have raised, 62 percent has come in the form of contributions totaling $1 million or more.
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Hedge fund manager and liberal billionaire George Soros has provided $8 million to the pro-Clinton PACs, making him the largest contributor. Soros dished $7 million to Priorities USA and another $1 million to American Bridge.
Donald Sussman, also a hedge fund manager, chipped in $2.5 million to Priorities USA while James Simons, another hedge funder, gave $3.5 million to the group. Henry Laufer, a business associate of Simons, gave $1 million to Priorities while his wife, Marsha, added another $1 million.
Slim Fast owner Daniel Abraham cut two checks to Priorities totaling $2 million. Fred Eychaner, the owner Newsweb Corporation, gave $2 million as well. Entertainment mogul Haim Saban and his wife, Cheryl, each provided Priorities USA with $2.5 million donations.
Venture capitalist J.B Pritzker and his wife, Mary Kathryn, gave $1.9 million a piece to Priorities. Herbert M. Sandler, the former Co-CEO of Golden West Financial Corporation and World Savings Bank, has also given $3.5 million to the committee.
In total, InsideGov found that just 22 individuals were responsible for supplying the super PACs with $43 million in contributions–more than half what they have raised to date.
California and New York are home to the most generous donors giving to the pro-Clinton super PACs, with individuals from the two states combining to pour $38.9 million into their funding.
Democratic donors in California have given $19.7 million worth of donations– $13 million in the amount of $1 million or more — while New York-based donors have chipped in $19.2 million, $16.5 million from contributions in the seven-figures.
Super PACs supporting Clinton have hauled in $69,433,502, an amount that is greater than any super PAC backing any of the remaining candidates.