Adelson, Singer, Wexner Fund Christie-Led Republican Governors

Photograph by Ralph Freso/AP Photo

New Jersey Gov. Chris Christie, left, speaks along side South Carolina Gov. Nikki Haley, second from left, Indiana Gov. Mike Pence, second from right, and Florida Gov. Rick Scott, right, during a news briefing for the Republican Governors Association 2013 annual conference on Nov. 21, 2013, in Scottsdale, Ariz.

Billionaires Sheldon Adelson, Paul Singer and Les Wexner each gave more than $1 million in late 2013 to the Republican Governors Association led by New Jersey Gov. Chris Christie.

Adelson, chairman of Las Vegas Sands Corp., the world’s largest casino company, gave $1 million to the RGA on Dec. 31, the Republican political group said in a filing Jan. 31 to the Internal Revenue Service.

Adelson is the 10th richest person in the world, with a net worth of $36.2 billion, according to the Bloomberg Billionaires Index. He and his wife, Miriam, spent at least $98 million on the 2012 election, according to ProPublica.

Singer, founder of the investment firm Elliott Management Corp. and a backer of same-sex marriage, gave $1.25 million to the RGA on Dec. 23. Wexner, founder and chairman of L Brands Inc., which owns Victoria’s Secret, gave $1 million on Dec. 30.

Billionaire David Koch, executive vice president of Koch Industries Inc., gave $250,000 on Aug. 29 after previously giving $1 million to the RGA in March. Koch is the sixth-richest person in the world, with a $49.9 billion fortune, according to the Bloomberg Billionaires Index.

Koch Industries gave $500,000 to the RGA on Nov. 20, bringing its year-to-date contribution to $525,000.

Seth Klarman, who runs Boston-based Baupost Group LLC, made a $400,000 donation to the RGA on Dec. 3. Dan Loeb, founder of hedge-fund firm Third Point Advisors LLC, gave $250,000 on Aug. 27.

The RGA raised $27 million in the second half of 2013 and more than $50 million for the year, according to its IRS filings.

There are 36 governors’ elections on ballots this year as Christie leads the organization. Louisiana Gov. Bobby Jindal, who led the RGA in 2013, and other Republicans backing Christie said he should remain RGA chairman amid an inquiry about intentional traffic jams at the George Washington Bridge. Christie said at a press conference last month that he was unaware of the closures.

 

 

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