Charles R. Schwab, Woodwide, CA
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$109,850 to winners, $311,700 to losers
Charles Schwab founded the Charles Schwab Corp., a leading brokerage and banking company headquartered in San Francisco. Schwab and his wife, Helen, have been leading donors to Republican campaigns for more than a decade. Schwab’s entrepreneurial career took off in 1963, when he and two partners launched Investment Indicator, an investment newsletter that eventually had 3,000 subscribers. In 1971, the company incorporated as First Commander Corp. Schwab and four others purchased parent company Commander Industries in 1972, which became Charles Schwab & Co. Inc. in 1973. The company currently serves more than 8 million brokerage accounts. Forbes listed Schwab as the 67th-richest American in 2011. He has supported philanthropy related to dyslexia, which both he and his son have, and the privatization of Social Security.
Total contributions: $2,956,550
List of contributions
Source: Contribution data from National Institute on Money in State Politics
Credits: Interactive by Michael Corey, Coulter Jones and Chase Davis. Reporting by Coulter Jones. Badge design by Thomas Guffey. Additional reporting by Stanford University students enrolled in a Communications Department investigative reporting class under the direction of California Watch Editorial Director Mark Katches. The project began in January 2011. Students participating were: Devin Banerjee, Daniel Bohm, Kathleen Chaykowski, Tom Corrigan, Cassandra Feliciano, Jamie Hansen, Amy Harris, Josh Hicks, Ellen Huet, Julia James, Paul Jones, Ryan Mac, Valentina Nesci, Dean Schaffer, Elizabeth Titus and Kareem Yasin. Bohm, Hansen, Huet, Harris and Titus continued to work on the project as California Watch interns under the direction of Associate Editor Denise Zapata.