As of Thursday, January 26, 2012
© Copyright 2013
Newton Citizen
ATLANTA (AP) -- He's an ardent supporter of Israel and a megabillionaire casino mogul whose empire is under federal investigation. And he's the self-proclaimed "richest Jew in the world."
Sheldon Adelson is also, far and away, the biggest patron of Newt Gingrich's surging presidential bid.
Adelson and his wife, Miriam, have pumped $10 million into a political action committee backing Gingrich. Campaign finance experts say the two $5 million contributions are among the largest known political donations in U.S. history.
No other candidate in the race for president appears to be relying so heavily on a single donor. It's been made possible by last year's Supreme Court ruling that recast the political landscape by stripping away restrictions on contributions.
More like this story
- GOP's 'super PACs' overtaking presidential campaign fundraising ( February 21, 2012 )
- As he campaigns, Gingrich also works for profit ( December 9, 2011 )
- Reports have Trump endorsing Gingrich ( February 2, 2012 )
- Gingrich lugs loads of personal, political baggage ( November 17, 2011 )
- Gingrich reveals income, but not how he earned it ( January 26, 2012 )
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