“Black Americans for a Better Future” Super PAC 100% Funded by Rich White Guys

New FEC filings show that all of the $417,250 in monetary donations to a Super PAC called “Black Americans for a Better Future” comes from conservative white businessmen — including $400,000, or 96 percent of the total, from white billionaire hedge fund manager Robert Mercer.

Jon Schwarz

Mercer, co-CEO of Renaissance Technologies on Long Island, is best-known politically for donating $11,000,000 to Keep the Promise I, a Super PAC backing Ted Cruz’s presidential run.

Beyond Mercer’s support of Black Americans for a Better Future and Ted Cruz, Mercer has a long and peculiar history of donations to political and philanthropic causes.