Former Google CEO emerges as key Democratic power player ahead of midterms – Fox News
Former Google CEO Eric Schmidt, a longtime Democratic donor, has recently ramped up political contributions to Democrats in the form of big-dollar donations and technological campaign assistance.
Schmidt — who has an estimated net worth north of $19 billion, according to Bloomberg — has for decades made political donations to Democratic campaigns and political action committees, but he has become a prolific donor for progressive causes since 2016, according to Federal Election Commission (FEC) data. Over the last six years, the former Google executive has pushed more than $13 million, mainly to Democrats.
Schmidt particularly ramped up contributions in 2020, the data showed. He forked over $224,000 during the 2016 presidential cycle before giving a whopping $8.5 million in 2020 and more than $4 million during the current cycle.
The vast majority of his donations have gone to Democratic campaigns — his most recent Republican contribution, four payments to Sen. Mike Lee’s, R-Utah,…
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