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Forbes Daily Briefing

Here Are Robert F. Kennedy Jr.’s Richest Donors

Forbes Daily Briefing

Forbes

Careers, Business, News, Entrepreneurship

4.612 Ratings

🗓️ 16 July 2024

⏱️ 5 minutes

🧾️ Download transcript

Summary

RFK Jr. inherited just a small slice of his family’s fortune, which helps explain why other rich people—including many Republicans—are bankrolling a Kennedy.

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Transcript

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0:00.0

Here is your Forbes Daily Briefing for Tuesday, July 16th.

0:05.0

Today on Forbes, here are Robert F.

0:08.0

Kennedy Jr.'s richest donors.

0:12.0

Who is Robert F. Kennedy Jr. in the 2024 presidential race?

0:15.0

Is he a spoiler poised to hand the election to Trump?

0:18.0

Is he an appealing alternative to Biden?

0:21.0

Is he an antidote to two-party rule?

0:23.0

R.F.K. Jr. the independent presidential candidate is many things to many people.

0:28.0

No surprise then that his richest donors are a diverse group.

0:33.0

His richest donors are worth a combined $37 billion.

0:38.0

These tycoons include once dependable Democrats,

0:41.0

political newcomers, and some of Trump's biggest backers.

0:45.0

Together, they've seated RFK Junior's long shot bid with $39 million,

0:50.4

funding a Super Bowl ad and underwriting a frantic effort to get RFK Jr, who is JFK's nephew,

0:57.0

on the ballot in all 50 states.

0:59.0

It would take a lot more money to actually return a Kennedy to the White House, but $39 million could nonetheless be enough to affect whether Biden or Trump ends up there.

1:09.0

At number one on R.F.K. Jr.'s richest donors list is nearly $1 billion and who has given

1:17.3

$25 million in donations to groups supporting Kennedy.

1:21.5

The Melons and Kennedy's, American dynasties associated with opposite political parties,

1:27.5

summered together on Cape Cod in the 1960s.

1:31.2

More than a half century later, Timothy Mellon, who grew his family's banking inheritance in the railroad industry,

1:38.0

is the biggest supporter of RFK Jr's candidacy.

...

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