Rick Caruso donates $1 million to Silicon Valley-backed committee supporting Matt Mahan's gubernatorial bid
By
Alena Botros
Front-window bakery material. Catches the eye, delivers the goods.
Summary
Billionaire mall magnate Rick Caruso has donated $1 million to an independent expenditure committee supporting San Jose Mayor Matt Mahan's gubernatorial campaign, joining a roster of elite Silicon Valley technology and finance executives backing Mahan. Caruso had previously donated $250,000 to the same committee in March and also maxed out his individual contribution to Mahan at $78,400. The donation comes after Eric Swalwell exited the race.
Key quotes
· 3 pulledBillionaire mall magnate Rick Caruso is all in on Matt Mahan's gubernatorial run, making a seven-figure donation to an independent expenditure committee that counts a roster of elite Silicon Valley technology and finance executives who are backing the San Jose mayor.
Caruso donated $1 million to the expenditure committee supporting Mahan on Monday, post-Eric Swalwell's exit, campaign finance data revealed.
The real estate developer maxed out his $78,400 individual contribution to Mahan, too, The Real Deal previously reported.
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