4.6 • 12 Ratings
🗓️ 24 October 2024
⏱️ 5 minutes
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Why the world’s tenth-richest person has put so much money into a nonpartisan website—and doubled the group’s budget this year.
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0:00.0 | Here's your Forbes Daily Briefing for Thursday, October 24th. |
0:05.0 | Today on Forbes, How Steve Balmer has spent $100 million in a new twist on political giving. |
0:13.0 | Plenty of billionaires put money into politics, |
0:16.0 | and they all pick a team when they do so. |
0:18.0 | George Soros, Tom Steyer, and Reed Hoffman, |
0:21.0 | all don blue caps before cutting checks to liberal super PACs, |
0:25.0 | while Charles Koch, the Walton siblings, and Elon Musk, the world's richest man, |
0:30.0 | are all lined up behind Republicans. |
0:32.0 | The exception who proves the rule, though. are all lined up behind Republicans. |
0:33.0 | The exception who proves the rule, though, |
0:35.5 | may be Steve Balmer, the former Microsoft CEO |
0:39.0 | who thinks he can make a mark on politics |
0:41.0 | by combating misinformation in a strictly nonpartisan way to help |
0:45.6 | voters sift fact from fiction. Speaking to Forbes this week and paraphrasing the |
0:51.1 | fourth US president, |
0:52.5 | Balmer said, |
0:53.5 | quote, |
0:54.5 | James Madison said that a popular government, |
0:56.5 | without information or the ability to go get it, |
0:59.5 | is a prelude to a farce or a tragedy or both. |
1:03.0 | Come on, it is the government's job from the start to provide data to the populace. |
1:08.0 | However, after he stepped down from leading Microsoft in 2014, and his wife Connie pushed him to get more |
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