WaPo | Over four decades of public life, Bill and Hillary Clinton have built
an unrivaled global network of donors while pioneering fundraising
techniques that have transformed modern politics and paved the way for
them to potentially become the first husband and wife to win the White
House.
The grand total raised for all of their political campaigns and
their family’s charitable foundation reaches at least $3 billion,
according to a Washington Post investigation.
Their fundraising haul, which began with $178,000 that Bill Clinton
raised for his long-shot 1974 congressional bid, is on track to expand
substantially with Hillary Clinton’s 2016 White House run, which has
already drawn $110 million in support.
The Post identified donations from roughly
336,000 individuals, corporations, unions and foreign governments in
support of their political or philanthropic endeavors — a list that
includes top patrons such as Steven Spielberg and George Soros,
as well as lesser-known backers who have given smaller amounts dozens
of times. Not included in the count are an untold number of small donors
whose names are not identified in campaign finance reports but together
have given millions to the Clintons over the years.
The majority of the money — $2 billion — has gone to the Clinton Foundation,
one of the world’s fastest-growing charities, which supports health,
education and economic development initiatives around the globe. A
handful of elite givers have contributed more than $25 million to the
foundation, including Canadian mining magnate Frank Giustra, who is among the wealthy foreign donors who have given tens of millions.
Separately, donors have given $1 billion to support the Clintons’
political races and legal defense fund, making capped contributions to
their campaigns and writing six-figure checks to the Democratic National
Committee and allied super PACs.
The Post investigation found that many top Clinton patrons supported
them in multiple ways, helping finance their political causes, their
legal needs, their philanthropy and their personal bank accounts. In
some cases, companies connected to their donors hired the Clintons as paid speakers, helping them collect more than $150 million on the lecture circuit in the past 15 years.
The couple’s biggest individual political benefactors are Univision chairman Haim Saban and his wife, Cheryl,
who have made 39 contributions totaling $2.4 million to support the
Clintons’ races since 1992. The Sabans have also donated at least
$10 million to the foundation.
The Clintons kept big contributors in their orbit for decades by
methodically wooing competing interest groups — toggling between their
liberal base and powerful constituencies, according to donors, friends
and aides who have known the couple since their Arkansas days.
They made historic inroads on Wall Street, pulling
in at least $69 million in political contributions from the employees
and PACs of banks, insurance companies, and securities and investment
firms. Wealthy hedge fund managers S. Donald Sussman and David E. Shaw are among their top campaign supporters, having given more than $1 million each.
The Clintons’ ties to the financial sector
strained their bonds with the left, particularly organized labor. But
unions repeatedly shook off their disappointment, giving at least
$21 million to support their races. The public employees union AFSCME has been their top labor backer, giving nearly $1.7 million for their campaigns.
The Clintons’ fundraising operation — $3 billion amassed by one
couple, working in tandem for more than four decades — has no equal. Fist tap Democratic Underground
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