Apparently the key to Newt’s success in South Carolina was $5,000,000 donation from Sheldon Adelson. Fortune says that Sheldon’s net worth is $21,500,000,000. That $5,000,000 was two hundredth of a percent (.02%) of his net worth. I’m pretty well off, and if I multiple the price of my house times .02% I get an amount less than the a bill I paid for dinner the other evening.
Poor Sheldon is #16 on the Fortune list. There are 112 million households in the US, so Sheldon’s worth is $191/household. He made his money in the Casino business.
What percentage of the top .1% are going to decide to toss .02%, or even 1% of their net worth into this?