Bill, Hillary and Chelsea Clinton, the fundraising family extraordinaire
Hillary Clinton has yet to formally announce her plans for the 2016 presidential race, but it’s never too early to think about where she’d turn to bolster her campaign coffers should she decide to make a run, right?
Since 1992, when Bill Clinton was first elected president, the Clinton family has raised somewhere between $2 billion and $3 billion from individual contributors, businesses and foreign governments, according to research compiled by The Wall Street Journal. In a report published this week, WSJ notes that the Clintons’ fundraising totals since 1992 include more than $1 billion raised from U.S. corporations and their employees, whose money has gone toward the family’s campaigns, affiliated political and non-profit organizations, and paid speeches.
On Wednesday, WSJ published charts breaking down which sectors have contributed the most to Bill, Hillary and Chelsea Clinton’s endeavors over the past two decades, along with a look at which corporations – and their employees – have donated.
The financial services sector has been the most faithful contributor, according to the report, donating more than $200 million over 22 years and accounting for roughly 12% of all funds raised by the Clintons. Compare that percentage to the 13% of 2012 Republican presidential nominee Mitt Romney’s campaign contributions that came from financial services firms.
Among specific companies, Chicago-based printing company Newsweb leads the way thanks to a reported $25 million donation from CEO Fred Eychaner to the Bill, Hillary & Chelsea Clinton Foundation a few years ago. Next on the list is diet drink maker Slim-Fast, which was founded by long-time Democratic donor Sim Daniel Abraham. The company and its employees have given the Clintons more than $6 million since 1992, according to WSJ.
Other major corporate donors include Coca-Cola (KO) and its employees with more than $5.2 million. Financial giants Goldman Sachs (GS) and Citigroup (C) are also high on the list, accounting for $4.9 million and $3.8 million in donations, respectively. One seemingly surprising name on the list is 21st Century Fox/News Corp. (FOXA), which account for just over $3 million in contributions. However, famously conservative billionaire Rupert Murdoch has notably contributed funds to Hillary Clinton’s past campaigns.
The Clintons are also famously cozy with labor unions, so it’s not surprising that the American Federation of State, County and Municipal Employees accounts for $5.3 million in donations, while Service Employees International Union and Communications Workers of America account for $3.8 million and $3.6 million, respectively.