Robert Mercer

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'Bad Optics' for Trump: Big Backer in Showdown With IRS

Billionaire Robert Mercer's hedge fund fighting $7B in back taxes

(Newser) - Two key facts about billionaire Robert Mercer: He is, in the words of a recent New Yorker profile, the "reclusive hedge-fund tycoon behind the Trump presidency." Second, the IRS is going after his Renaissance Technologies fund for nearly $7 billion in back taxes. All of which sets up... More »

Thiel's Costume for Posh Party? Hulk Hogan, per Sources

Trump, campaign manager Kellyanne Conway were also in attendance

(Newser) - Hulk Hogan, with funding from frequent Gawker target Peter Thiel, helped bring the media group to bankruptcy via his sex-tape lawsuit, so Thiel's choice of costume at a posh Long Island party might not be terribly surprising: He reportedly dressed as the Hulkster on Saturday night, when the PayPal... More »

Cruz Is Suddenly a Player, Thanks to Reclusive Backer

Millionaire Robert Mercer helps him raise an 'eye-popping' $31M right off the bat

(Newser) - If other GOP contenders shrugged off Ted Cruz's chances of winning the nomination, it's a safe bet they're reassessing things after four new super PACS announced they'd raised a staggering $31 million to support his new candidacy . "Even in the context of a presidential campaign... More »

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