Search This Blog

Defying the Odds

Defying the Odds
New book about the 2016 election.

Wednesday, January 8, 2014

Dead Donors

Politico reports:
The Republican Party’s on the hunt ahead of 2016 for younger voters — and younger megadonors.
Conservative super PACs were dealt a blow in the past nine months, when two of their biggest benefactors died, Texas billionaires Harold Simmons and Bob Perry.

Combined, the two men, who were the second- and third-biggest donors behind the Adelsons in the 2012 elections, gave nearly $50 million last cycle — that’s more money than the next 10 Republican donors combined.
The void the two leave behind represents an even bigger problem for the Republican Party: just as it struggles to attract younger voters, it also must win over younger elite donors.
... 
Among the top 10 Republican donors of the 2012 election cycle, only one was under the age of 60 — Peter Thiel, who is 46 – and only three were under 70 – Miriam Adelson, 68; Robert Mercer, 67; and Robert Rowling, 60, according to public records. On the Democratic side, half of the top 10 donors were under 70 and three were under 60.