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LeadershipWarren Buffett

Warren Buffett Will Join Hillary Clinton on the Campaign Trail

Claire Zillman
By
Claire Zillman
Claire Zillman
Editor, Leadership
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Claire Zillman
By
Claire Zillman
Claire Zillman
Editor, Leadership
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November 30, 2015, 8:03 AM ET
Warren Buffett Speaks At Conference Focused On Detroit's Revitalization
DETROIT, MI -Billionaire investor Warren Buffett speaks at an event called, "Detroit Homecoming" September 18, 2014 in Detroit, Michigan. The purpose of the invitation-only event of Detroit expatriats is to give the group a chance to reconnect, reinvest and reinvent with their hometown. The topic of Buffet's conversation was, "Why I'm Bullish on Detroit." (Photo by Bill Pugliano/Getty Images)Photograph by Bill Pugliano—Getty Images
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More than a year ago, famed investor Warren Buffett told Fortune that Hillary Clinton would win the 2016 presidential election.

Next month, Buffett will join the Democratic frontrunner on the campaign trail as she tries to make good on his early prediction.

Buffett, who runs investing conglomerate Berkshire Hathaway (BRK-A), will stump with Clinton in Omaha—his longtime place of residence—on Dec. 16, according to the Omaha World-Herald. (The Clinton campaign did not immediately confirm the report to Fortune.) Buffett’s appearance is an effort to rally grassroots support for Clinton in Nebraska ahead of the state’s Democratic caucuses in March. Clinton lost the 2008 primary contest there to then-candidate Barack Obama by a wide margin.

Buffett and Clinton are expected to talk about tax reform. Buffett, who’s worth an estimated $63.1 billion, has long advocated for raising taxes on the rich, often citing the fact that he pays a lower tax rate than his secretary. His so-called Buffett Rule would tax all millionaires at least 30%.

About the Author
Claire Zillman
By Claire ZillmanEditor, Leadership
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Claire Zillman is a senior editor at Fortune, overseeing leadership stories. 

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