Politics
Billionaire Backers Fuel Robert F. Kennedy Jr.’s Independent Presidential Bid
Robert F. Kennedy Jr., the independent presidential candidate, received substantial financial backing from a diverse group of billionaire donors, totaling $39 million, to support his longshot bid for the White House. This financial support has helped fund various campaign activities to bolster Kennedy’s presence on the political stage.
Among the notable backers is Timothy Mellon, who, despite being a significant supporter of Kennedy, has also made substantial contributions to Donald Trump‘s re-election efforts. Mellon has a rich history in the railroad industry and is known for his involvement in multiple business ventures.
Sergey Brin‘s ex-wife, Shanahan, has emerged as Kennedy’s running mate and second-biggest donor. Shanahan, with ties to Google’s parent company Alphabet, has channeled millions into Kennedy’s campaign, citing shared views on issues like chronic illness and environmental concerns.
John Paul DeJoria, known for his entrepreneurial success with John Paul Mitchell Systems and Patrón, has lent financial support to Kennedy as a trustee of Waterkeeper Alliance. DeJoria’s engagement with environmental causes aligns with Kennedy’s platform.
Holly and Kelly Gores, sisters-in-law with private-equity backgrounds and connections to the Detroit Pistons, have also contributed to Kennedy’s campaign. The two have previously collaborated on business endeavors and maintained political engagement through donations.
Bill Ackman, a hedge fund manager associated with the ousting of Harvard president Claudine Gay, has directed some donations towards Kennedy’s bid, in contrast to his reservations about Joe Biden. Ackman’s shift in support reflects his concerns over specific policy stances of the leading Democratic candidate.
Liz Uihlein, an avid Republican and supporter of Trump, has also made contributions to Kennedy’s campaign, suggesting a degree of flexibility in her political investments. Uihlein’s donation history underscores her commitment to the GOP but also reflects occasional diversification in her funding efforts.
Kenny and Lisa Troutt, Texas telecom billionaires, have consistently backed Republican candidates like Trump, although Lisa also contributed to Kennedy’s campaign in a notable gesture of support. The couple’s political contributions highlight their continued involvement in right-wing causes and candidates.
New Mexico billionaire Corio has shown support for alternative political movements like the Forward Party and Kennedy’s bid, indicating a level of dissatisfaction with mainstream Democratic candidates. Corio’s contributions reflect a nuanced perspective on the current political landscape.
Bridget Koch‘s donation to Kennedy’s campaign signals a potential divergence from her previous support for Trump and Republican causes. Her solitary contribution to Kennedy’s bid suggests a reevaluation of her political investment strategy and potential realignment within the political sphere.