Starbucks Billionaire Howard Schultz Backs Joe Biden, Plans To Donate As Well

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Starbucks Billionaire Howard Schultz Backs Joe Biden, Plans To Donate As Well
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Schultz, who mulled running for president as an independent last year, hasn’t contributed to Biden’s campaign yet but now says he will.

Schultz, who Forbes estimates is worth $4.2 billion, has not been a big political donor in the past. In 2016, he donated just under $22,000 to support Hillary Clinton, $1,250 to the Democratic Senatorial Campaign Committee and $400 to the campaign of Sean Barney, an attorney and veteran who ran for the Democratic nomination for Delaware’s sole U.S. congressional seat.

Schultz’s approach to the election is in stark contrast to that of other deep-pocketed former presidential hopefuls Tom Steyer and Michael Bloomberg. Bloomberg endorsed Biden immediately after dropping out of the primary for the Democratic nomination in March, and Steyer followed in April. Steyer has since donated $360,000 to a pro-Biden PAC, while BloombergFollow me on

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