Race for governor becomes money game for candidates

California is beginning to prep for its next state governor, and candidates are not wasting any time when it comes to raising money from donors.

The first in the lead is Gavin Newsom, who has already raised around $11.8 million. One of Newsom’s donors includes the CEO of Yahoo and her husband, a Silicon Valley investor, who have donated $108,800. Bill Maher, host of Real Time with Bill Maher and the widow of Steve Jobs, Laurene Powell Jobs, have each invested $28,200.

Newsom has both name and small name donors which has put him at the top of the list.

Right behind him in second is John Chiang who has received $4.9 million. Chiang is striving to be the first Asian American governor and many Asian Americans have voiced their support for the candidate.

Some of Chiang’s donors include the owners of Seville Classics, Jackson and Julie Yang, who have donated $100,000 and C.C and Regina Yin, the owners of multiple McDonald’s restaurants, have given around $94,000.

Coming third on the list is Antonio Villaraigosa, who has accumulated $3.1 million from donors. Villaraigosa is the former mayor of Los Angeles and has received a lot of the donor revenue from those in the L.A. area.

Some of Villaraigosa’s donors include Ryan Seacrest, who has given $56,400 and Eli and Edythe L. Broad, philanthropists in the arts and education, have donated $112,800.

A few other candidates are far behind in donor revenue and are straggling to catch up to others that are high on the list.

See the full story on the LATimes.com.

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