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Meet Robert Mercer, the conservative billionaire who was a megadonor for Trump during the 2016 campaign but is notably absent in 2020
Meet Robert Mercer, the conservative billionaire who was a megadonor for Trump during the 2016 campaign but is notably absent in 2020
Debanjali BoseJul 25, 2020, 18:47 IST
Robert Mercer and his daughter, Rebekah.Sean Zanni/Patrick McMullan via Getty Images
Robert Mercer and his daughter, Rebekah, were amongst the most prominent conservative megadonors in 2016, extending unwavering support to President Trump.
So far, Mercer has only made one six-figure donation to Trump's reelection campaign.
An influential figure in the hedge-fund industry and a computer scientist, Mercer made principal investments in both Breitbart News and Cambridge Analytica in the past.
The Mercer Family Foundation and Trump Campaign did not immediately respond to Business Insider's request for comment.
A billionaire donor who bankrolled President Trump's 2016 campaign has been notably absent during his reelection efforts.
Robert Mercer, a hedge fund manager, donated upwards of $25 million dollars in the previous election cycle across multiple conservative efforts. So far, Mercer and his daughter, Rebekah, have made a single $355,200 donation to Trump's reelection effort.
Business Insider's David Levinthal reported that one of Rebekah's associates said "they're 100, 100, 100% out" which means they likely won't extend their support to the president in the few months left before November at a time when their monetary support could be key in swing states like Michigan and Florida.
In 2017, Jane Mayer of the New Yorker called Mercer "a brilliant computer scientist [who] helped transform the financial industry through the innovative use of trading algorithms."
Take a look inside his life and career.
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Robert Mercer, one of Trump's most prominent 2016 donors, grew up in New Mexico and has a PhD from the University of Illinois, Urbana-Champaign.
Billionaire Robert Mercer has donated millions to right-wing causes.
Oliver Contreras/Getty Images
Mercer got his professional start at International Business Machines, the multinational tech company also known as IBM or "Big Blue," in 1972.
Andrei Stanescu/Getty Images
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Mercer was a Ted Cruz supporter at the beginning of the 2016 cycle, before making his way to the Trump camp.
Republican presidential candidate, Sen. Ted Cruz, R-Texas, speaks during a campaign rally at the Adam's Mark Hotel Saturday, March 12, 2016, in Kansas City, Mo.
AP Photo/Charlie Riedel
In 2015, The Washington Post included Mercer on its list of "10 most influential billionaires in politics," along with George Soros, pictured.
Getty Images / Andia / Contributor
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Some of Mercer's associates – like Steve Bannon and John Bolton — found their way to the White House once Trump was elected.
In this Dec. 26, 2018 file photo, National Security Adviser John Bolton attends a meeting with President Donald Trump and senior military leadership at Al Asad Air Base, Iraq.
Andrew Harnik, File/AP Photo
Mercer was a key investor in Cambridge Analytica, the firmed that mined approximately 50 million Facebook profiles for private data.
Shona Ghosh/Business Insider
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In 2011, Mercer invested $10 billion in Breitbart, per Bloomberg. He has since sold his stakes to his daughters.
Fox 10 Pheonix
Mercer is famously reticent — something well documented across multiple profiles.
Sean Zanni/Patrick McMullan via Getty Images
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Mercer and his wife live in Long Island, New York, where he is reported to enjoy building model train sets.
Sylvain Gaboury/Patrick McMullan via Getty Imagess
Mercer's absence from the 2020 election cycle has been conspicuous, considering his megadonor status in 2016.
President Trump appeared in a lengthy interview on "Fox News Sunday" with Chris Wallace on July 19, 2020.
Fox News