Clinton’s class warfare rhetoric apparently not a concern.
(CNN) – A co-founder of Facebook is donating $20 million of his fortune to Democratic coffers in a late and likely consequential move to help defeat Republican candidate Donald Trump in the 2016 presidential election.
The funds are a surprising infusion of cash from an individual who has never before been active in politics.
Dustin Moskovitz, a Silicon Valley entrepreneur with a net worth of more than $10 billion, announced early Friday that he and his wife would make a historically large donation to a half-dozen Democratic groups, including those backing Hillary Clinton. The donations, once issued, will make Moskovitz the third most generous donor in the 2016 campaign.
Clinton super PAC hauls in $21M in record-setting August
“This decision was not easy, particularly because we have reservations about anyone using large amounts of money to influence elections,” Moskovitz and his wife, Cari Tuna, wrote in a post on Medium. “We hope these efforts make it a little more likely that Secretary Clinton is able to pursue the agenda she’s outlined, and serve as a signal to the Republican Party that by running this kind of campaign — one built on fear and hostility — and supporting this kind of candidate, they compel people to act in response.”