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Wednesday, October 31, 2012

Money men: Who are top 5 donors to Romney?

WASHINGTON — WASHINGTON For a casino mogul worth an estimated $25billion, $34.2 million may sound like chump change. Yet that's how much money Sheldon Adelson has donated so far to aid Republican presidential candidate Mitt Romney and organizations supporting Romney this election, making him the donor of donors for the GOP.

Other top donors giving millions of dollars to aid Romney's campaign include Texas money moguls and the head of an energy conglomerate.

Political donations can open doors that are closed to most people. Big-dollar donors are often invited to state dinners at the White House and other events with the president.

Based on an examination of more than 2.3 million campaign contributions The Associated Press has ranked the top five financial supporters bankrolling the Republican presidential run:

No. 1

Sheldon Adelson, 79, owner of the Las Vegas Sands casino empire.

Total: $34.2 million

Adelson is the largest declared donor to the Romney campaign and supporting political committees, providing more than $34.2 million this election season. He and his wife, Miriam, have given $10 million to Restore Our Future, a super PAC backing Romney. Adelson also joined relatives to give $24million to committees backing former GOP presidential candidate Newt Gingrich. And he has made public pledges vowing to give as much as $100million this election more broadly to the GOP. He would benefit from loosened trade restrictions.

No. 2

Harold Simmons, 81, owner of Contran Corp., a Dallas-based conglomerate worth an estimated $9 billion that specializes in metals and chemical production and waste management.

Total: $16 million

Simmons is a longtime backer of GOP and conservative causes. He has donated $16 million to the party's efforts this year, including more than $11million to American Crossroads and $800,000 to Restore Our Future. Simmons also gave $2.2 million to Super PACs backing former GOP presidential candidates Gingrich, Rick Santorum and Rick Perry. He also owns a majority stake in Valhi Inc., a Texas-based waste management company, and could benefit from a proposed Nuclear Regulatory Commission rule change that would allow the company's Texas facility to store spent uranium from nuclear power plants.

No. 3

Bob J. Perry, 80, head of a Houston real estate empire worth an estimated $650 million.

Total: $15.3 million

Perry has given about $15.3million to aid the Romney campaign and allied causes so far this election season. Long active in Texas and national GOP politics, Perry donated nearly $9 million to Restore Our Future and a total of $6.5 million to American Crossroads. Before backing Romney this year, Perry gave $100,000 to the super PAC backing Texas Gov. Rick Perry (no relation).

No. 4

Robert Rowling, 58, head of Dallas-based TRT Holdings.

Total: $4.1 million

Rowling has given at least $4.1 million to Republican Party and candidates this election. Most of his donations, $4 million, went to Rove's American Crossroads, both through personal donations and through his firm. Rowling also has given $100,000 to the pro-Romney Restore Our Future super PAC. Rowling's holdings are worth an estimated $4.8 billion and include Omni Hotels, Gold's Gym and Tana Exploration, his family's oil company.

No. 5

William Koch, 72, an industrialist whose South Florida-based energy and mining conglomerate is worth an estimated $4 billion.

Total: $3 million

Koch has given $3 million to the Restore Our Future, including a $250,000 personal donation and $2.75 million through his corporation, Oxbow Carbon LLC, and a subsidiary, Huron Carbon. Unlike his brothers, who are longtime supporters of Republican and conservative causes, Bill Koch has funded both GOP and Democratic Party candidates in the past. Koch's corporate interests have repeatedly battled against what company officials have decried as government interference. Oxbow spent $570,000 last year on lobbying in Washington, mostly aimed at mining, safety issues and climate change.

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