A co-founder of Facebook is donating $20 million of his estimated $10 billion dollar fortune to help defeat Republican candidate Donald Trump in the 2016 presidential election.
The pledge came as a surprise because he has never been active in politics before.Dustin Moskovitz announced early Friday that he and his wife would make a historically large donation to a half-dozen Democratic groups as reported by CNN. The donations would make Moskovitz the third most generous donor in the 2016 campaign.
Moskovitz and his wife Cari Tuna wrote in a post on Medium:
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Completing this poll grants you access to Shark Tank updates free of charge. You may opt out at anytime. You also agree to this site's Privacy Policy and Terms of Use.This decision was not easy, particularly because we have reservations about anyone using large amounts of money to influence elections. We hope these efforts make it a little more likely that Secretary Clinton is able to pursue the agenda she’s outlined, and serve as a signal to the Republican Party that by running this kind of campaign — one built on fear and hostility — and supporting this kind of candidate, they compel people to act in response.
Moskovitz stated $5 million would go to a super PAC run by the League of Conservation Voters and another $5 million to For Our Future PAC.
Other donations would be split between a joint fundraising committee for Hillary Clinton; the Democratic Congressional Campaign Comittee; the Democratic Senatorial Campaign Committee; a political arm of MoveOn.Org; Color of Change PAC; and several other nonpartisan voter registration and GOTV efforts.
