So Pawlenty’s Out… Where Are His Billionaire Mogul Donors Going to Land?
6:00 pm, August 16th | by Amy Tennery
In the wake of Tim Pawlenty’s departure from the presidential race speculation has abounded over where some of his resources will land. His New Hampshire campaign director, for example, decamped to the Huntsman group. But what about the donors? And why do we care? Well, let’s just say they’re awfully “influential” (i.e. rich) — and they could bring some major cash with them, wherever they land.
Media mogul Stanley Hubbard — whose net worth Forbes pegs at around $1.9 billion — was the first to make his move. The Minnesotan (and, incidentally, Pawlenty’s top donor) made leap to Bachmann, according to Politico, which noted that Pawlenty’s supporters included some rather high-profile moguls.
Also on Politico’s watch list? Kenny Troutt, the billionaire founder of Excel Communications (whose son also happens to be obscenely good at basketball), Dean Foods CEO Gregg Engles and homebuilding titan Bob Perry.
With all those mogul donors, you do have to wonder how Pawlenty could have stumbled in the first place… right?