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Joe Biden answers questions after speaking about the coronavirus pandemic and the economy on June 30 … [+]
Photo by BRENDAN SMIALOWSKI/AFP via Getty Images
The billionaires seem to love Joe Biden. With less than 100 days until the election, Joe Biden has received donations from 131 members of the upper crust, while Donald Trump has gotten donations from just 105 of his fellow tycoons, according to an analysis of Federal Election Commission filings.
Since May, Biden has added over two dozen new names to his roster of billionaire donors, while Trump has added just six. Biden’s newest supporters include political power players like George Soros. Soros gave $505,600 to Biden’s joint fundraising committee with the Democratic National Committee in May. Soros has spent over $8 million this election cycle on other causes so far.
Biden’s other new donors mostly made their money in tech. Facebook billionaires Sean Parker and Dustin Moskovitz made six-figure contributions, as did Twilio CEO Jeff Lawson, Twitter cofounder Ev Williams, and Zynga founder Mark Pincus. Nicole Systrom, who is married to Instagram cofounder Kevin Systrom, donated $250,000.
Billionaire Jeff Skoll, who was eBay’s first full-time hire, also gave $620,600 between May and June. Skoll, who was born in Canada and became an American citizen in 2007, is spending far more on this election than he ever has before. Not including his donations to the Biden committees, he gave $4.5 million in May and June to super-PACs supporting Biden and Senate Democrats.
Trump’s new contributors, meanwhile, include a couple of Republican stalwarts, Bernard and Billi Marcus, who gave a combined $721,200 in May. (Bernard Marcus’s fellow Home Depot cofounder Arthur Blank also made his first contribution to a presidential campaign in June, donating $5,600 to Biden.) Oracle CEO Safra Catz and her husband Gal Tirosh gave $250,000 to Trump’s joint fundraising committees in June. Trump also received new support from Rodger Riney, the cofounder of discount brokerage firm Scottrade and Thomas Duff, who is one of the owners of Southern Tire Mart. Each made small contributions of less than $2,800.
Here’s a closer look at all the new donors to Biden and Trump.
Biden’s newest donors:
Net worth: $2 billion *
Source of wealth: Twilio
Contributions: $1.24 million **
Net worth: $1.5 billion
Source of wealth: Online games
Contributions: $626,200
Net worth: $3 billion
Source of wealth: Online media
Contributions: $620,600
Net worth: $15.7 billion
Source of wealth: Facebook
Contributions: $620,600
Net worth: $5.7 billion
Source of wealth: eBay
Contributions: $620,600
Marilyn Simons, wife of Jim Simons
Spouse’s net worth: $23.5 billion
Source of wealth: Hedge funds
Contributions: $620,600
Net worth: $8.6 billion
Source of wealth: Hedge funds
Contributions: $505,600
Michelle Yee, wife of Reid Hoffman
Spouse’s net worth: $2 billion
Source of wealth: LinkedIn
Contributions: $490,900
Tom Steyer & Kat Taylor
Net worth: $1.4 billion
Source of wealth: Hedge funds
Contributions: $371,200
Net worth: $2.2 billion
Source of wealth: Twitter
Contributions: $250,500
Nicole Systrom, wife of Kevin Systrom
Spouse’s net worth: $1.8 billion
Source of wealth: Instagram
Contributions: $250,000
Net worth: $1.1 billion
Source of wealth: Estée Lauder
Contributions: $240,000
*The Lauders made their first contributions to the Biden campaign in April, but Forbes did not include them in an earlier tally because Gary Lauder’s net worth had dropped below $1 billion.*
Net worth: $2.3 billion
Source of wealth: Private equity
Contributions: $100,000
Net worth: $2.7 billion
Source of wealth: Facebook
Contributions: $100,000
Nicole Shanahan, wife of Sergey Brin
Spouse’s net worth: $65 billion
Source of wealth: Google
Contributions: $25,000
Merryl Zegar, wife of Charles Zegar
Spouse’s net worth: $2.4 billion
Source of wealth: Bloomberg LP
Contributions: $12,200
Net worth: $5.2 billion
Source of wealth: Media, automotive
Contributions: $5,600
Net worth: $1.8 billion
Source of wealth: Hotels, investments
Contributions: $5,600
Net worth: $3.4 billion
Source of wealth: Oil & gas, investments
Contributions: $5,600
*Schusterman’s contribution was refunded, according to her daughter, Stacy Schusterman. Spokespeople for the DNC and the Biden campaign did not comment.*
Net worth: $6.1 billion
Source of wealth: Home Depot
Contributions: $2,800
Net worth: $1.2 billion
Source of wealth: Qualtrics
Contributions: $2,500
Trump’s newest donors:
Source of wealth: Home Depot
Contributions: $721,200
Safra Catz & Gal Tirsoh
Net worth: $1.1 billion
Source of wealth: Oracle
Contributions: $250,000
Net worth: $3.6 billion
Source of wealth: Discount brokerage, Scottrade
Contributions: $2,000
Net worth: $1.4 billion
Source of wealth: Tires, diversified
Contributions: $1,000
* Forbes Real-Time net worth as of August 6, 2020
** Total contributions to the Biden For President campaign committee, Donald J. Trump For President campaign committee, and joint fundraising committees.