Gingrich backer willing to give $100M to benefit former House speaker [View all]

[mahatmakanejeeves]

Last edited Tue Feb 21, 2012, 02:39 PM - Edit history (1)

http://www.cbsnews.com/8301-503544_162-57381758-503544/gingrich-backer-willing-to-give-$100m-to-benefit-former-house-speaker/

The billionaire casino magnate backing Newt Gingrich said he is prepared to give $100 million to help the former House speaker in his quest for the White House if he decides it is necessary.

Sheldon Adelson, who has already given $11 million to the outside group backing Gingrich and is expected to give another $10 million in the coming days, told Forbes magazine he is prepared to spend five times that amount.
....

Forbes estimated Adelson's net worth at $25 billion, making the $11 million already given to "Winning our Future" a mere 0.044 percent of his fortune. The Huffington Post has calculated Adelson makes about $3.3 million per hour.

"I'm against very wealthy people attempting to or influencing elections," Adelson said.

Edited, because the link thingy wasn't working.