Barre Seid Donates $1.6 Billion to Leonard Leo Dark Money Network
Chicago businessman Barre Seid provided an unprecedented $1.6 billion donation to Leonard Leo’s Marble Freedom Trust through a strategic stock transfer of Tripp Lite to Eaton Corporation. This donation, the largest known to a political advocacy group in U.S. history, potentially avoided approximately $400 million in taxes. By transferring 100% ownership of his electronics manufacturing company before its sale, Seid strategically channeled funds to a conservative network aimed at reshaping American judicial and political institutions. The donation significantly empowers Leonard Leo’s efforts to influence conservative legal and political networks, representing a landmark moment in dark money political financing.
Key Actors
Sources (11)
- Dark Money Leonard Leo Barre Seid [Tier 1]
- Barre Seid Leonard Leo Donation [Tier 1]
- Conservative Political Group Marble Freedom Donation [Tier 2]
- Leonard Leo Donation Campaign Finance [Tier 1]
- Dark Money Donation Conservative Group [Tier 1]
- New Conservative Group Gets 1.6 Billion Donation [Tier 2]
- 1.6 Billion Leonard Leo Dark Money [Tier 2]
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