scorecardWarren Buffet Just Made His First Donation Ever To An Independent Political Group
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Warren Buffet Just Made His First Donation Ever To An Independent Political Group

Warren Buffet Just Made His First Donation Ever To An Independent Political Group
PoliticsPolitics1 min read

warren buffett

REUTERS/Carlo Allegri

Warren Buffett, Chairman of the Board and CEO of Berkshire Hathaway, poses for a portrait in New York October 22, 2013.

Warren Buffet has just done something he's never done before. The third richest man in the world just gave $25,000 to "Ready For Hillary," a group raising money to help Hillary Clinton get to the White House, according to Bloomberg.

That is the maximum amount of money the organization allows an individual to give.

As Bloomberg notes, he's given lots of money in the past to party committees and candidates, but he's stayed away from political action committees - until now. This is his first ever donation to an independent political group.

Back in the last election cycle, super-PAC's supporting the president's re-election tried to get Buffett to support them financially. As Bloomberg notes, Buffett said "I don't want to see democracy go in that direction," when asked about the issue at an annual shareholders meeting.

Apparently he's changed his tune.

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