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Search resuls for: "Diane Hendricks"


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The largest single-contributor donations went to MAGA Inc., the super PAC backing Trump, with Wisconsin roofing billionaire Diane Hendricks, a prolific GOP megadonor, giving $10 million to the group. On the Democratic side, tech entrepreneurs were the biggest donors to FF PAC, also known as Future Forward, a super PAC backing Harris’ presidential bid. Moskovitz donated $3 million to FF PAC, while Hastings, Jeff Lawson and Erica Lawson each gave $1 million. Super PACs like FF PAC and MAGA Inc. are havens for prolific political megadonors like Hendricks, Lutnick and Hastings because, unlike campaigns and their affiliated committees, super PACs don’t have limits on how much individuals can donate. Yass and Uihlein are both major GOP megadonors who have given to Club for Growth and other conservative groups for multiple election cycles.
Persons: Kamala Harris, Donald Trump, Diane Hendricks, Howard Lutnick, Cantor Fitzgerald, Paul Singer, Annette Caldwell Simmons, Harold Simmons, Warren Stephens, Harris, Leon Neal, Dustin Moskovitz, Reed Hastings, Twilio, Jeff Lawson, Erica, Moskovitz, Erica Lawson, Hastings, Joe Biden, Hendricks, Jeff Yass, Richard Uihlein, Amos Hostetter Jr Organizations: Democrats, Republicans, Federal, MAGA Inc, PAC, Trump, GOP, Elliott Management, Stephens Inc, Democratic, FF PAC, Facebook, Netflix, Growth, Susquehanna International Group, for Growth, House, Congress, Continental Cablevision Locations: Wisconsin, Hastings, Lutnick, Yass, Uihlein
The Harris campaign also dramatically outspent the Trump campaign in August, burning through about $174 million. By comparison, Trump’s campaign spent just $61 million last month, with the lion’s share – more than $47 million – going toward media buys. The Trump and Harris campaigns are aligned with an array of committees that file disclosure reports on a separate schedule. The Trump campaign, as CNN has previously reported, has opted to outsource much of its ground game operation to outside organizations. The super PAC spent more than $77 million in August, including nearly $62 million on independent expenditures to benefit the vice president’s campaign.
Persons: CNN — Kamala Harris, Donald Trump, Elon Musk, Harris, Trump, outraised, Joe Biden, Biden, , Kevin Mohatt, Diane Hendricks, Paul Singer, Dustin Moskovitz – Organizations: CNN, Democratic, Congress, Republican, GOP, Federal, Trump, Republicans, Democratic Congressional, National Republican Campaign, PAC, National Republican, Democratic Senatorial, MAGA Inc, FF PAC, Harris, Facebook Locations: Washington ,, Wisconsin
This week, Hendricks topped Forbes' recent American's Richest Self-Made Women list for the seventh consecutive year. Her estimated $20.9 billion net worth comes largely from her roofing materials company ABC Supply, which she co-founded with her late husband Ken Hendricks in 1982. Roofers often bought directly from individual manufacturers, locking them into an ecosystem and allowing manufacturers to drive up prices. They took out a $900,000 loan from Beloit Savings Bank and pledged everything they owned to launch their company and fill that gap, Hendricks said. "We felt like we [roofers] weren't being treated with respect," said Hendricks.
Persons: Diane Hendricks, Hendricks, Ken Hendricks, Ken, Forbes, Roofers Organizations: Forbes, ABC Supply, Beloit Savings Bank
Today, the 77-year-old has an estimated net worth of $20.9 billion — nearly double her reported net worth from just two years ago — topping Forbes' most recent list of America's Richest Self-Made Women for the seventh year in a row. Her fortune is largely from her roofing supplies ABC Supply. ABC Supply brought in $20.4 billion in revenue last year and has more than 900 branch locations, according to Forbes. After she met and married roof contractor Ken Hendricks in the 1970s, the duo co-founded ABC Supply. The company hit $1 billion in annual sales for the first time in 1998, according to the company's website.
Persons: Diane Hendricks, Erik Prince, Hendricks, Forbes, , I'd, Ken Hendricks Organizations: Blackwater, Beloit College, Forbes, Supply, ABC Supply Locations: Beloit, Wis, Osseo , Wisconsin, Beloit , Wisconsin
Diane Hendricks didn't grow up on the inheritance of celebrities or political leaders. Last week, Hendricks – who has a net worth of $11.6 billion – topped Forbes' list of America's Richest Self-Made Women for the fifth year in a row. Her fortune is largely dependent on ABC Supply, a construction materials company she built with her late husband in 1982. Together, the duo combined talents and co-founded ABC Supply in Beloit, Wisconsin. The company now has more than 840 locations, according to its website, and is the country's 23rd-largest private company, according to Forbes.
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