George W. Bush is now the only living president who has not endorsed any presidential candidate in this election cycle. I’m at the point now where I’m just like… there are certain people who we do not need to hear from, right? I remember the Bush years and they were awful. Well, I sort of feel the same way about Bill Gates. Bill’s ex-wife Melinda French Gates endorsed Kamala Harris over the summer and announced she was donating millions to the Harris campaign and to various super PACs involved in reproductive rights (French Gates is also donating $1 billion to women’s and girls’ health issues). Melinda is the one who has authenticity here, not her ex-husband. But Bill Gates wants credit for supporting Kamala Harris too, and for quietly donating $50 million to Future Forward super PAC.
After decades of sitting on the sidelines of politics, Bill Gates, one of the richest people in the world, has said privately that he recently donated about $50 million to a nonprofit organization that is supporting Vice President Kamala Harris’s presidential run, according to three people briefed on the matter. The donation was meant to stay under wraps. Mr. Gates, one of the founders of Microsoft, has not publicly endorsed Ms. Harris, and his donation would represent a significant change in the strategy that has previously kept him away from gifts like this.
In private calls this year to friends and others, Mr. Gates has expressed concern about what a second Donald Trump presidency would look like, according to a person briefed on Mr. Gates’s thinking, although he has stressed that he could work with either candidate. Mr. Gates does not have a deep relationship with Ms. Harris, but he has celebrated the Biden-Harris administration’s work on climate change. Mr. Gates’s philanthropic organization, the Bill & Melinda Gates Foundation, is significantly concerned about potential cuts to family planning and global health programs if Mr. Trump is elected, according to two people close to the foundation.
Mr. Gates has said he made his donation to Future Forward, the main outside fund-raising group supporting Ms. Harris, according to the people briefed on the matter. Mr. Gates has talked about his pro-Harris donation with his peers, including Mike Bloomberg, the former New York City mayor and a major supporter of Future Forward who has considered a similarly sized gift, two of the people briefed said. Mr. Gates’s donation went specifically to Future Forward’s nonprofit arm, Future Forward USA Action, which as a 501(c)(4) “dark money” organization does not disclose its donors, according to the people briefed. So any contribution by Mr. Gates will never appear on any public filing.
In a statement in response to this reporting, Mr. Gates did not explicitly address the donation or offer an endorsement of Ms. Harris in the race. He stressed his bipartisanship — but also said that “this election is different.”
“I support candidates who demonstrate a clear commitment to improving health care, reducing poverty and fighting climate change in the U.S. and around the world,” he told The New York Times. “I have a long history of working with leaders across the political spectrum, but this election is different, with unprecedented significance for Americans and the most vulnerable people around the world.”
As I said, Melinda’s full-throated endorsement of Kamala Harris (after she also endorsed Joe Biden earlier in the cycle) means a lot more to me, as does Melinda’s focus on reproductive rights and women’s rights. While every little bit counts, I find it interesting that men like Bill Gates and Jamie Dimon (JPMorgan’s CEO) are coming out this late in the game to quietly-but-not-really endorse VP Harris. It feels like Gates and Dimon both think VP Harris is going to win and that’s why they feel safe putting out these stories, two weeks from Election Day.
Photos courtesy of Avalon Red.
I am glad he did… very good
yeah, I’m glad too. I can’t see why questioning his support is interesting and/or helpful.
yeah, it’s good if anyone can jump in whenever they’re ready and support this campaign. i, too, don’t get this fever from some people on the internet demanding that famous people “speak out”, do this do that. like before taylor swift made her endorsement and people were being hysterical about her not saying anything before *she* was ready.
gates has done way more than most with his 50m contribution than the keyboard warriors, so good!
You go Bill… investing in America’s future.
Why can’t he pay his employees a living wage instead of outsource?
it’s the very least he could do.
Eh $50 million is $50 million! Who cares why he did, at least he did!
Agreed. It might just be the ad or phone call that makes the difference.
I’ll take it. Any billionaire who doesn’t support Trump gets a + sign in my book. It is all too rare and Kamala can use those funds to put out ads in swing states. At least it’s something.
Sometimes is always better than nothing. 50 million is a big something. I too believe that those two men are thinking Kamala is going to win and now want the credit.
Finally, another Billionaire fires back at Elon.
Gates, good for you.
Now let’s hear from Bezos or Mackenzie.
It is mind boggling the money spent by both sides.
Enormous $$.
I’d be fine if Gates is only jumping in so he can publicly say he backed the winner. Whatever it takes to K/W elected.
Who knows the real reason why people donate…I’m just happy when they do. He also donates billions to the Bill & Melinda Gates Foundation, so no shade from me…keep donating Bill!
We need campaign finance reform. The outcome of elections should not depend on how much money is raised, Lawmakers should be doing their jobs for us rather than constantly having to call donors. And we need to shorten the campaign cycle, like the countries in Europe.
Agree with everything that you say here. I want Kamala to win but no one should be able to (or have to) give this amount of money to candidates.
I am pretty sure Bill Gates saw which way the wind was blowing and wanted to get ahead of wave. He certainly waited long enough and made sure it was quiet enough that he does not become a target but still gets credit. I do not believe this race is as close as pollsters are saying. But I still have some hope that a large part of America is not insane so there is that
I think it’s interesting to see the extent to which this race is coming down to billionaire vs billionaire, as opposed to previous Presidential campaigns where you heard a lot about Wall Street and major corporations donating (and even older, you’d hear about “Wall St versus Main Street”).
Now it’s personal wealth from billionaires flooding into PACs and other organizations on both sides where the donor has a lot of say and a fair amount of publicity about it. Almost like billionaires are competing to see who is more influential in politics as a status symbol, not so much attempting to influence policy (although there’s plenty of that too)…Maybe all they really care about is the bragging at Davos and similar conferences where billionaires gather about who gave more, who was more influential etc?
Good or bad for politics? I don’t know, but it does seem that the type of business that wants to influence elections is changing?
I’ll go for: bad. We need campaign finance reform.
What a massive massive mistake!
I don’t know, Kaiser, I usually agree with you 100%, but I do not want to value his support any less than Melinda’s. He did not announce it but he made the effort to call his circle of friends to take a stand and encourage them to do something similar. That is proper campaigning to me, as his peers are disproportionally powerful. Also likely die-hard Republicans who need to be reminded that those issues (commitment to improving health care, reducing poverty and fighting climate change) are at real risk. I think his peer group is a separate one from the one Melinda socializes with, so I am not going to hate on that.