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Stephen Bing

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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 "the biggest single personal investment in a ballot proposition in state history."[1]

Bing died on June 22, 2020. 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]

Political giving

Bing donated under his name and his entertainment company (Shangri-La Entertainment) also has been a major donor to political causes.

Ballot measures

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
Proposition 10 1998 $1,800,000

Candidates, parties

Since 2000, Bing gave $640,172 to the California Democratic Party.

Political candidates to whom Bing donated include:

  • Dick Durbin, Rahm Emmanuel, Al Franken, Hillary Clinton.[3]

Candidate committees Bing has donated to include:

  • Democratic Senatorial Campaign Committee
  • Democratic Congressional Campaign Committee.[3]

Other

Bing donated between $10-25 million to the William J. Clinton Foundation.[4]

External links

Footnotes