Stephen Bing
| Stephen Bing | |
| Basic facts | |
| Organization: | Shangri-La Entertainment |
| Role: | Founder |
Stephen Bing (March 31, 1965 - June 22, 2020) was a real estate heir. He was a major donor to California's Prop 87 in 2006. According to the Los Angeles Times, the approximately $50 million that Bing spent on the failed initiative was, at the time, "the biggest single personal investment in a ballot proposition in state history."[1]
Biography
Stephen Bing was born in New York, New York, in 1965. He attended Stanford University.[2] When he was 18, he inherited $600 million from his grandfather Leo Bing.[3][4] Bing founded the film financing company Shangri-La Entertainment in 2000.[4] He died on June 22, 2020, after jumping from the 27th floor of his apartment.[2]
In a tweet the following day, President Bill Clinton wrote, "I loved Steve Bing very much. He had a big heart, and he was willing to do anything he could for the people and causes he believed in. I will miss him and his enthusiasm more than I can say, and I hope he’s finally found peace."[2]
Work and activities
Political donations
Bing donated millions of dollars to Democratic Party officials and causes, including Hillary Clinton and Nancy Pelosi, Dick Durbin, Rahm Emanuel, and Al Franken.[5][6]
Ballot measures
The following table includes donations made by Bing:[7][8][9][10]
| Proposition | Year | Amount |
|---|---|---|
| Proposition 8 | 2008 | $500,000 |
| Proposition 87 | 2006 | $49,581,810 |
| Proposition 77 | 2005 | $4,250,000 |
| Proposition 57 | 2004 | $284,750 |
| Proposition 71 | 2004 | $260,000 |
| Proposition 72 | 2004 | $50,000 |
Other
Bing donated at least $10 million to the Clinton Foundation.[11]
See also
External links
Footnotes
- ↑ Los Angeles Times, "Stephen Bing's New Endeavor," February 27, 2007
- ↑ 2.0 2.1 2.2 The New York Times, "Steve Bing, Hollywood Producer and Financier, Is Dead at 55," June 23, 2020
- ↑ Yahoo, "Steve Bing, philanthropist and film producer, dies after fall from building," June 22, 2020
- ↑ 4.0 4.1 LA Mag, "Film Producer and Political Donor Steve Bing Has Died After Reportedly Jumping from a Century City Building," June 23, 2020
- ↑ OpenSecrets.org, Records of donations from Stephen Bing
- ↑ WBMA, "Film producer, wealthy heir, political donor Steve Bing dies," June 24, 2020
- ↑ Cal Access, "Campaign Finance: BING, STEPHEN L," accessed October 30, 2025
- ↑ Cal Access, "Campaign Finance: BING, STEPHEN L," accessed October 30, 2025
- ↑ Cal Access, "Campaign Finance: BING, STEPHEN L," accessed October 30, 2025
- ↑ Cal Access, "Campaign Finance: BING, STEPHEN L," accessed October 30, 2025
- ↑ Yahoo, "Steve Bing Was Worth $300,000 at the Time of His Death, After Inheriting $600 Million (Report)," October 20, 2020
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