Nearly All Of Sil­i­con Val­ley’s Po­lit­i­cal Money Has Gone To Clin­ton

ForbesWeekly - - NEWS - FW FOL­LOW NIALL MCCARTHY, FORBES CON­TRIB­U­TOR, AT www.forbes.com/sites/niallm­c­carthy

As the race for the White House en­ters its fi­nal phase, Hil­lary Clin­ton’s cam­paign boasts a huge fi­nan­cial ad­van­tage over Don­ald Trump’s. She’s man­aged to raise an av­er­age of $697,000 ev­ery day com­pared to Trump’s $226,000. As of last week, the Demo­cratic nom­i­nee had $153 mil­lion in the bank, con­sid­er­ably more than her Repub­li­can ri­val’s $68 mil­lion. That en­sures she’ll be able to keep her po­lit­i­cal op­er­a­tions at full throt­tle right up to the very end of the cam­paign.

As the dust fi­nally be­gins to set­tle on all of that re­lent­less fundrais­ing, some in­ter­est­ing pat­terns are start­ing to emerge, es­pe­cially re­gard­ing the in­flu­ence of var­i­ous in­dus­tries on both cam­paigns. One of the most gap­ing dis­par­i­ties comes from Amer­ica’s tech in­dus­try which over­whelm­ingly do­nated to Clin­ton. Ac­cord­ing to web­site Crowd­pac, tech­nol­ogy com­pa­nies do­nated just un­der $16 mil­lion to the pres­i­den­tial can­di­dates and of that amount, Trump re­ceived $706,000 com­pared to Clin­ton’s $15 mil­lion.

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