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Amazon founder Jeff Bezos Gives $ 10 million Super PAC in the First Major Political contribution

FILE – Amazon CEO Jeff Bezos and his wife donated $ 10 million to a non-partisan super PAC.

(AP)

Amazon founder Jeff Bezos and his wife, their first major foray into politics with a $10-million contribution to a super PAC that aims to elect military veterans to Congress.

The contribution of Mr. Bezos, which also includes the owner of the Washington Post, to a class of political mega-donor, Las Vegas casino magnate Sheldon Adelson, and California billionaire Tom Steyer, who poured each other more than $100 million in the elections of the last decade.

 

But, in contrast with the firm of Adelson’s and Steyer, Bezos’s contribution not to a party political Organisation. Instead, it is With honor Fund, a-year-old super-PAC, the back, the veterans of the two large parties, the seats for the house. Federal Election Commission filings show, had raised the organization’s $7 million between its launch in October last year and at the end of July.

Rye Barcott, the founder of the honor Fund, said the Bezoses shared his group the goal of building a “cross-partisan coalition” of the members of the house are willing to work with the other party.

“You see quite nonpartisan,” Mr. Barcott said. “The idea to do something different and disturbing appealed to you, together with our focus on values and integrity in our national discourse.”

A Bezos spokesman confirmed the contribution and said the Amazon CEO and his wife, MacKenzie, declined to comment.

With honor Fund backing 33 house candidates is now a 19 Democrats and 14 Republicans running. Mr. Barcott said of the PAC means “no screening for ideology”, but a “common bond of service and commitment to the country.”

In the New Hampshire house, the view’s backing Democrat Maura Sullivan show President Trump race, With honor’s face when she says, “is affordable health care…no matter who is in the way.But an ad for Michael Walzer, the GOP candidate for a house seat in northeast Florida, With honor, says Mr. Waltz to “work with the President, Trump to fight for Florida’s conservative values.”

Mr. Barcott said in honor of-Fund for the candidate secures the votes of the three-point pledge, which calls for integrity, courtesy and courage.

The other major honor-the contributions to Leslie Wexner, CEO of the company that owns Victoria’s Secret, and his wife, Abigail Wexner, who has a total value of $2.8 million. Mr Bezos’s parents gave the super PAC $2 million.

Mr. Bezos, the Forbes magazine in March ranked as the richest man in the world with a net worth of more than $150 billion, has not to this point an active campaign donor.

FEC data shows that since 2007, the couple has $52,600 to Federal candidates—$31,000 of which went to Democrats and $21,600 to the Republicans.

They also have $170,000 to PACs in connection with Amazon and Blue Origin, Bezos-owned aerospace manufacturer.”

In Washington state, where the Bezoses life, the couple $ 2.5 million for 2012, a referendum on the legalization of same-sex marriage. In addition, it is only $8.400 have to state-level candidates.

Mr Bezos joins a list of American billionaires, the secure has tens of millions of dollars to candidates.

This year, Mr. Adelson and his wife have $55 million to the super PACs backing house and Senate Republicans. Richard Uihlein, an Illinois magnate shipping, race spent $31 million this year to Federal candidates and PACs and millions more on state-level.

Mr. Steyer, for impeachment, Mr Trump has spent $30 million so far on the Democratic candidates and PACs.

And former New York City mayor Michael bloom Berg signaled in June that he spent $80 million for the election of Democrats in 2018, but FEC records, he has given only $1 million so far. Bloomberg spokesman Howard Wolfson said on Tuesday that Mr. Bloomberg still plans to spend to bring back the Democrats.

Reid J. Epstein write on reid.epstein@wsj.com

 

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