When the 2012 election is over, here's who will own the country (not that they don't already)
Meet the 26 Billionaires Buying the 2012 Elections | By Sen. Bernie Sanders
So far this year, 26 billionaires have donated more than $61 million to super PACs, according to the Center for Responsive Politics. And, that’s only what has been publicly disclosed.This $61 million does not include about $100 million that Sheldon Adelson has said that he is willing to spend to defeat President Obama; or the $400 million that the Koch brothers have pledged to spend during the 2012 election season.These 26 billionaires have a combined net worth of $146 billion, which is more than the bottom 42.5 percent of American households (equal to nearly 50 million families in the United States).
Here is a list of the billionaires:1. Sheldon Adelson, owner of the Las Vegas Sands Casino, is worth nearly $25 billion, making him the 14th wealthiest person in the world and the 7th richest person in America.While median family income plummeted by nearly 40% from 2007-2010, Mr. Adelson has experienced a nearly eightfold increase in his wealth over the past three years (from $3.4 billion to $24.9 billion).Forbes recently reported that Adelson is willing to spend a “limitless” amount of money or more than $100 million to help defeat President Obama in November.While $100 million sounds like a lot, it equals the same percentage of Adelson’s wealth that $300 to $400 does for the typical middle class family (with a net worth of about $77,000).Sheldon Adelson owns more wealth than the bottom 40.2% of American households or 47.2 million American families.2. The Kochs (David, Charles, and William) are worth a combined $54 billion, according to Forbes. They have pledged to spend about $400 million during the 2012 election season.3. Jim Walton is worth $23.7 billion. He has donated $300,000 to super PACs in 2012.4. Harold Simmons is worth $9 billion. He has donated $15.2 million to super PACs this year.5. Peter Thiel is worth $1.5 billion. He has donated $6.7 million to Super PACs this year.6. Jerrold Perenchio is worth $2.3 billion. He has donated $2.6 million to super PACs this year.7. Kenneth Griffin is worth $3 billion and he has given $2.08 million to super PACs in 2012.8. James Simons is worth $10.7 billion and he has given $1.5 million to super Pacs this year.9. Julian Robertson is worth $2.5 billion and he has given $1.25 million to super PACs this year.10. Robert Rowling is worth $4.8 billion and he has given $1.1 million to super PACs.11. John Paulson, the hedge fund manager who made his fortune betting that the sub-prime mortgage market would collapse, is worth $12.5 billion. He has donated $1 million to super PACs.12. Richard and J.W. Marriott are worth a combined $3.1 billion and they have donated $2 million to super PACs this year.13. James Davis is worth $1.9 billion and he has given $1 million to super PACs this year.14. Harold Hamm is worth $11 billion and he has given $985,000 to super PACs this year.15. Kenny Trout is worth more than $1.2 billion and he has given $900,000 to super PACs this year.16. Louis Bacon is worth $1.4 billion and he has given $500,000 to super PACs this year.17. Bruce Kovner is worth $4.5 billion and he has given $500,000 to super PACs this year.18. Warren Stephens is worth $2.7 billion and he has given $500,000 to super PACs this year.19. David Tepper is worth $5.1 billion and he has given $375,000 to super PACs this year.20. Samuel Zell is worth $4.9 billion and he has given $270,000 to super PACs this year.21. Leslie Wexner is worth $4.3 billion and he has given $250,000 to super PACs this year.22. Charles Schwab is worth $3.5 billion and he has given $250,000 to super PACs this year.23. Kelcy Warren is worth $2.3 billion and he has given $250,000 to super PACs this year.
we will all be working directly or indirectly for these people (if we aren't already)...
Labels: 2012 election, Bernie Sanders, campaign fund-raising, elites, Super Pacs, super-rich, The buying of the President 2012
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