Sentences with phrase «come from wealthy donors»
Crowdfunding from interested people could raise a portion of the required funds, he adds, although much would probably have to come from wealthy donors and foundations.
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(It is hard to speak of a real democracy in a country such as the US where winning a presidential election costs $ 1 billion and where that $ 1 billion comes from a few very wealthy donors.)
According to their recent donor disclosures, most came from wealthy Boston individuals — notably Seth Klarman, a billionaire hedge fund investor who contributed $ 3.3 million; co-chair of Bain Capital Josh Bekenstein and his wife Anita, who together gave $ 2.5 million; and Jonathon Jacobson, CEO and managing director of the Highfields Capital Management hedge fund, who gave $ 2 million.