Waiting with open wallets: Media mogul says he'll spend 'as much as needed' for Clinton 2016
July 28th, 2014
04:53 PM ET
7 years ago

Waiting with open wallets: Media mogul says he'll spend 'as much as needed' for Clinton 2016

Washington (CNN) – Haim Saban, a multibillionaire media mogul, said Monday he is prepared to spend "as much as needed" to get Hillary Clinton into the White House in 2016.

While it is no secret that Saban, the head of Univision and a prodigious Democratic money man, is excited about the prospect of Hillary Clinton running for president in 2016, these recent comments to Bloomberg up the ante of his support.

"I think she would be great for the country and great for the world, so on issues that I care about she is pristine plus, and I think she is ready plus plus and I hope that she makes the right decision," Saban said.

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Saban was a sizable Clinton supporter in 2008, spending and raising over $100,000 for the former senator. With the rise of super PACs, however, the media mogul will be able to do much more to help Clinton.

Supreme Court decisions in the last six years have allowed private citizens to exert more influence in politics by giving money to outside organizations that in turn work to get a certain candidate elected. And with a handful of super PACs already working to urge Clinton to run for president, Saban has a number of avenues for his large fortune.

Saban said earlier this year that a Clinton presidency would be a "dream," and told an Israeli newspaper in December 2013 that he will "pitch in with full might" to get Clinton elected in 2016.

In addition to his political contributions to Clinton, Saban has donated between $10 and $25 million to the Bill, Hillary and Chelsea Clinton Foundation.

The irony in Saban's claim is that last week Clinton denounced outside money in politics, stating that she would consider backing a constitutional amendment to limit outside influences.

"I would consider supporting an amendment among these lines," Clinton said responding to a question during a Facebook question-and-answer session. "That would prevent the abuse of our political system by excessive amounts of money if there is no other way to deal with the Citizen's (sic) United decision."

Clinton is widely considered the frontrunner for the Democratic presidential nomination in 2016 and has admitted in the last few months that she is seriously considering a bid.

"Obviously she has a life to lead and she is going to be a grandmother soon, so all of that will obviously be taken by her into consideration," Saban said about the prospect the Clinton runs.

Saban, who was born in Egypt and raised in Israel, is worth an estimated $3.5 billion and now works as the executive chairman of the company that owns Univision, the massively popular Spanish-language broadcaster.

Republicans and some nonpartisan observers have questioned whether someone so closely tied with a major American broadcaster should be so chummy with a prospective presidential candidate.

Univision is a major partner in a key Clinton foundation program, Too Small to Fail, which encourages parents to talk with their kids at a young age. Clinton’s partnership with Univision is focused on encouraging Hispanic families and caregivers to speak in either Spanish or English with their children as a way to develop language skills.

Earlier this year, the Republican National Committee called out the partnership as an avenue for "2016 propaganda," while Raul Reyes wrote a column in February that questioned whether the "Hillary-Univision deal cross(es) a line."

Filed under: 2016 • Citizens United • Fundraising • Hillary Clinton
soundoff (52 Responses)
  1. Thomas

    As long as a vote for Hillary is not a vote for Bill .

    I'm all in 2016.

    July 28, 2014 07:41 pm at 7:41 pm |
  2. Prof Fricke

    Such a champion of the little-guy. Geesh. Hillary is another aristocrat buying loyalty.

    July 28, 2014 07:44 pm at 7:44 pm |
  3. renobill

    I'm sure if Mr. Saban switched to the GOP they would refuse his money. We all know what an ethical group the Republicans are.

    July 28, 2014 07:49 pm at 7:49 pm |
  4. ja

    It's all insanity

    July 28, 2014 07:55 pm at 7:55 pm |
  5. rick

    Well.. She ended up with the money she thought that people would be crawling all over each other to buy and fund her run.. Didnt happen.. Then her tour of hundreds of thousands of dollars to ramble on about it and not much else. Canceled most of those because people got tired of it fast.. Now proof a a fool and their money are soon parted statement.. And NO rich person gives away money unless they are expecting a 100% or more return back to them.. So? What part of america will become this guys personal toy??

    July 28, 2014 08:11 pm at 8:11 pm |
  6. Spgfid Tom

    With this guys money and President Permisso's "unaccompanied minors" Hillary should have no problem winning an Obama third term. Is that what America needs? I would like to know how Hillary is going to reunite a divided nation? Wait for the silence....she doesn't have a clue.

    July 28, 2014 08:16 pm at 8:16 pm |
  7. yep

    I can already here the GOP whining even though they invented this game along with redistricting and voter suppression. Waaa go cry to someone that cares.

    July 28, 2014 08:25 pm at 8:25 pm |
  8. Abbey


    Democrats have money??? LMAO!!

    July 28, 2014 08:34 pm at 8:34 pm |
  9. Sara

    I thought the Democrat always screamed they were different than the rich old republicans........seems Hillary is exactly like the Republicans.

    July 28, 2014 08:34 pm at 8:34 pm |
  10. Gunderson

    Meantime at the Southern Border,
    Illegals are being secretly being funneled out into the country. A bunch has been dumped in Tennessee without notifying the authorities. I have never seen so much blatant disregard for the Constitution. The Obama Administration is the worst I have ever seen in my lifetime.

    July 28, 2014 08:40 pm at 8:40 pm |
  11. Gary Sutphin

    America is no longer for sale. It's been sold. Democrat...Republican. It matters NOT. Democrats are just a little slower and use lubricant. Republicans are more uncaring and brutal. They don't CARE how much it hurts. They BOTH give it to us in the end though.

    HERE'S a scary thought to bounce around in your head. Maybe...the 1%ers with all the money WANT us to get completely fed up with BOTH parties. THEN they'll trot out a knight...or Knightette...But most probably a Knight since they're all men. Sorry ladies.

    They'll trot this Knight in shining armor on a white horse out before us and praise him as the ultimate savior of the american way of life.

    And since people now make statements like "I'll spend as much money as necessary to get person X elected"? They'll pull it off. And THAT will be the election to beat ALL elections.. Because that'll probably BE the last election. Then there won't even be a NEED for the farce we have now called representative government.

    And you know who's fault all that's going to be? us.

    July 28, 2014 09:27 pm at 9:27 pm |
  12. Liz the First

    Nice to know not all multibillionaires are greedy right wingnuts! helps level the playing field a bit. i'm all for limiting campaign spending, but we can't unilaterally disarm and let the Kochs of the world dump billions in unanswered.

    July 28, 2014 09:33 pm at 9:33 pm |
  13. brad

    Sorry but there isn't enough money in the world to get her elected. She's even more vulnerable now then in 2008 when she lost to Obama... She's done.

    July 28, 2014 09:38 pm at 9:38 pm |
  14. Jim

    Well now isn't that precious. Looks like the Dems have big money corporations in their pockets too. And everybody points a finger at the Republicans.

    July 28, 2014 09:57 pm at 9:57 pm |
  15. emskadittle

    take that koch brothers

    July 28, 2014 10:04 pm at 10:04 pm |
  16. Borderless

    Politicians for sale! Step right up! Buy yourself a politician!

    July 28, 2014 10:07 pm at 10:07 pm |
  17. America1st

    Republicans and some nonpartisan observers have questioned whether someone so closely tied with a major American broadcaster should be so chummy with a prospective presidential candidate.

    SERIOUSLY!!!! Have they taken 2 minutes to look at Rupert Murdoch at Fox News stating he will give UNLIMITED time to their chosen GOP favorites!!!

    July 28, 2014 10:25 pm at 10:25 pm |
  18. S. B. Stein

    It is a shame that there is so much money in politics. We need less in politics but hard to get that done.

    July 28, 2014 10:28 pm at 10:28 pm |
  19. Chipster

    The Koch Brothers, Adelson, Simmons, Thiel..... the list of GOP sugar daddies is long and very wealthy. So, what are they saying? Is it suddenly unfair for Democrats to have the same endless supply of money as the Republicans? Look at the PACs that buy political power since the Supreme Court ruled that corporations are people with the right to poor endless amounts of money into Political Action Committees. Corruption flows from all sides now.

    July 28, 2014 11:01 pm at 11:01 pm |
  20. YoonYoungJo

    Would this make me an independent? That if Hillary didn't run, I would donate to Christie, then Biden in that order? If had as much money as the mogul did.

    July 28, 2014 11:54 pm at 11:54 pm |

    The 1%ers taking care of the 1%ers.

    No surprise here people, move along...................

    July 29, 2014 12:42 am at 12:42 am |
  22. ProudDem

    You want this insanity to be stopped, you should be hoping Clinton gets elected, and re-elected. Why? So that she can appoint the new few supreme court justices and hopefully we can get this citizens united nonsense rolled back. If we don't, our national elections will just be betting wars between billionaires.

    July 29, 2014 01:29 am at 1:29 am |
  23. elucidated1

    how ironic. The SCOTUS now allows a Hillary supporter to spend unlimited amounts of money. Priceless

    July 29, 2014 03:15 am at 3:15 am |

    Really can't wait to see Thad Cochran,Kevin McCarthy,Thom Tillis,Sheldon Adelson,Rupert Mourdoch,Karl Rove,Lindsey Graham,John McCain,Susan Collins,Hayley Barbour,Grover Norquist and the GOP stuff Jeb Bush down the tea potty's throats EXACTLY like they stuffed Romney down. Straight no chaser. Hillary will drink to that!

    July 29, 2014 05:37 am at 5:37 am |
  25. sifto77

    Good post yolanda..hope you really mean it..of course hilary will never take money from the 1%..

    July 29, 2014 07:16 am at 7:16 am |
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