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Richest Woman In World Donates To NYC Elections For First Time
arrow Alice Walton Alice Walton, daughter of Wal-Mart founder Sam Walton, attends the Wal-Mart shareholder meeting in Fayetteville, Arkansas, in 2015. Danny Johnston/AP/Shutterstock
A candidate for a New York City Council seat left vacated in the Bronx is getting a six-figure boost in his run, in part because of contributions from the world s wealthiest woman, according to campaign filings.
John Sanchez, a candidate in the crowded 15th Council District special election, received a helping hand from New Yorkers for a Balanced Albany, a super PAC that formed in 2014. Its chief donor is Alice Walton, the billionaire heir to the family-owned Walmart corporation and the world s richest woman whose net worth stands at $62.3 billion, according to estimates reported by Forbes Magazine in 2020. The contributions once again demonstrate the presence of big money this election cycle, in which the mega-ric
And Alice Walton isn’t the only monied outsider plunging into a Bronx race: Big real estate is also throwing cash around in two borough contests with the combined outside spending rivaling the sums raised by candidates within the city’s tightly restricted campaign finance system.
The pair of nonpartisan special elections in the north and central Bronx is scheduled for March 23. Early in-person and absentee voting have already begun.
New Yorkers for a Balanced Albany, backed by charter school advocate Walton, has spent more than $75,000 on mailers, internet video ads and live phone calls to boost candidate John Sanchez. He’s running among 10 candidates for the District 15 seat formerly occupied by U.S. Rep. Ritchie Torres.