A contribution of $2.5 million has been given to a Democratic super PAC by a New York billionaire.
The Senate Majority PAC, a Democratic-oriented super PAC, reported it received $2.5 million on 7/29 from Michael Bloomberg, former mayor of New York City, and majority owner of Bloomberg LP.
Other donors to the PAC included a total of $500,000 from David and Mary Boies (attorneys at Boies, Schiller & Flexner LLP, NY); $150,000 from Jon Stryker (president of Depot Landmark LLC, MI); $125,00 from Mark Gallogly (managing principal at Centerbridge Partners, NY); and $125,000 from Elizabeth Strickler (retired, NY); among others.
The PAC had receipts of $5.6 million and disbursement of $3.4 million from 7/16 to 12/31, leaving $3.2 million cash on hand.
David Boies also gave $500,000 to the House Majority PAC, another Democratic-oriented super PAC. Other donors included S. Donald Sussman (founder & chairman, Paloma Partners LLC, ME) giving $500,000; the International Brotherhood of Electrical Workers Education Fund giving $350,000; and Bernard Schwartz (chairman & CEO, BLS Investments LLC, NY) giving $250,000; among others.