The ‘billionaire primary’: Who’s backing whom?

Mega-wealthy donors, many of them billionaires, are expected to play an unprecedented role in the 2016 presidential race. Here’s a list of who’s backing whom so far:

4. Marc Lasry: former Secretary of State Hillary Rodham Clinton (D)

Charlie Neibergall/AP
Democratic presidential candidate Hillary Rodham Clinton meets with local residents at the Jones St. Java House in LeClaire, Iowa, April 14, 2015.

Mr. Lasry is the billionaire co-founder of investment firm Avenue Capital Group, and a longtime friend of the Clintons. Chelsea Clinton worked for the company from 2006 to 2009.

Soon after Mrs. Clinton announced her campaign on April 12, her campaign asked major supporters to get 10 friends to donate $2,700 apiece – the maximum for the primaries. Lasry told Bloomberg News he signed on to raise $270,000. 

Lasry ranks at No. 1,006 on the Forbes list of the world’s billionaires (tied with Norman Braman), and has a net worth of $1.9 billion.

4 of 7

Dear Reader,

About a year ago, I happened upon this statement about the Monitor in the Harvard Business Review – under the charming heading of “do things that don’t interest you”:

“Many things that end up” being meaningful, writes social scientist Joseph Grenny, “have come from conference workshops, articles, or online videos that began as a chore and ended with an insight. My work in Kenya, for example, was heavily influenced by a Christian Science Monitor article I had forced myself to read 10 years earlier. Sometimes, we call things ‘boring’ simply because they lie outside the box we are currently in.”

If you were to come up with a punchline to a joke about the Monitor, that would probably be it. We’re seen as being global, fair, insightful, and perhaps a bit too earnest. We’re the bran muffin of journalism.

But you know what? We change lives. And I’m going to argue that we change lives precisely because we force open that too-small box that most human beings think they live in.

The Monitor is a peculiar little publication that’s hard for the world to figure out. We’re run by a church, but we’re not only for church members and we’re not about converting people. We’re known as being fair even as the world becomes as polarized as at any time since the newspaper’s founding in 1908.

We have a mission beyond circulation, we want to bridge divides. We’re about kicking down the door of thought everywhere and saying, “You are bigger and more capable than you realize. And we can prove it.”

If you’re looking for bran muffin journalism, you can subscribe to the Monitor for $15. You’ll get the Monitor Weekly magazine, the Monitor Daily email, and unlimited access to CSMonitor.com.

You've read  of  free articles. Subscribe to continue.