CAMPAIGN 2012

Meet the Billionaire Who Wants to Help Newt Gingrich Destroy Mitt Romney

Mitt Romney speaks at 2011 CPAC. (Chet Susslin)

Updated: January 9, 2012 | 6:39 p.m.
January 9, 2012 | 6:38 p.m.

Newt Gingrich may not be able to win the Republican presidential nomination, but with the help of a wealthy casino magnate with powerful allies around globe, he's going to do everything he can to make sure Mitt Romney doesn't either. After pledging for months to avoid negative campaigning, a pro-Gingrich super PAC is now pushing an anti-Romney documentary that features interviews with working-class people who were the victims of Bain Capital layoffs. (See the trailer below.) Advertisements promoting the film will run across South Carolina in the run-up to next week's primary.



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That PAC, called Winning Our Future, is paying for the ads with a huge influx of cash that it just got from Sheldon Adelson, a Las Vegas billionaire with ties to China, Israel, and the Bush family. That's him on the far right, sitting next to Israeli President Shimon Peres and George W. Bush in 2008. Adelson, whom Forbes listed as the third-richest American in 2008, has quietly become Gingrich's biggest backer. On Saturday it was announced that he gave $5 million to Winning Our Future, and some reports say he plans to spend as much as $20 million before the campaign is over. It may not be enough to save Gingrich's bid, but it could be enough to burn down the Republican front runner in the process.


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