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In It to Win It

(8,309 posts)
Tue Jul 19, 2022, 09:34 PM Jul 2022

Billionaire George Soros donates $1M to Beto O'Rourke [View all]

Dallas News

AUSTIN – Democratic mega donor George Soros and an Austin-area couple each gave $1 million to Beto O’Rourke’s campaign to unseat Gov. Greg Abbott.

While Texans gave $14.5 million to the Democrat’s campaign, nearly half of O’Rourke’s record-breaking $27.6 million fundraising haul came from out-of-state donors.

The details come from an O’Rourke campaign finance report so huge it took several days to upload to the Texas Ethics Commission website.

O’Rourke is one of the few Democrats this election cycle to benefit from the state’s wide-open campaign finance rules that put no limit on contributions. He received several six- and seven-figure checks that are usually collected only by the state’s top Republican leaders, such as Abbott.

In addition to Soros, O’Rourke received $1 million each from Tench and Simone Coxe, a high-powered Silicon Valley couple who moved to Austin last year. He’s a former GOP donor and venture capitalist, while she co-founded public relations firm Blanc & Otus. Late last year, the Coxes put $100,000 into O’Rourke’s nascent gubernatorial campaign.
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