"The King of Coal Reveals $1 Million Bet on Jeb Bush"

"Chris Cline, the billionaire coal baron, revealed himself today as the donor behind a $1 million contribution to a super-PAC supporting Jeb Bush’s presidential campaign.

“Chris is proud to support Right to Rise,” said Brian Glasser, a lawyer for Cline, in an e-mail to Bloomberg News, using the name of the pro-Bush super-PAC.

A West Virginia native whose grandfather mined coal with a pickax, Cline, 57, made a fortune by buying up out-of-favor coal mines in Illinois and betting they would surge in value."

Zachary Mider reports for Bloomberg August 6, 2015.

Source: Bloomberg, 08/10/2015