Bay Area billionaires flood California politics with $336M this year
TL;DR Summary
Fifteen billionaires have poured $336 million into California and national politics this year, per a California Common Good report, led by Chris Larsen (Ripple), Sergey Brin, and venture capitalists Marc Andreessen and Ben Horowitz; Larsen gave about $28 million personally, Brin about $86 million, and Ripple around $56 million, with their combined personal spend totaling $209 million and total footprint (including corporate giving) about $331 million—underscoring the Bay Area's outsized influence on state and federal elections and measures like Proposition D.
- Meet the billionaires behind $336M ‘explosion’ of money in California politics, per new report Mission Local
- Billionaires Prepare $87 Million Ad Campaign to Block California Wealth Tax The New York Times
- California's billionaire tax: What's at risk for the biggest state economy in America CNBC
- A wealth tax in America? Not if Silicon Valley’s billionaires have their way Financial Times
- California billionaire tax backers work Washington Politico
Reading Insights
Total Reads
0
Unique Readers
26
Time Saved
27 min
vs 28 min read
Condensed
99%
5,465 → 81 words
Want the full story? Read the original article
Read on Mission Local