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

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

"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. [2]

Energy & Fuel [3]
Environmental Politics [4]
National (U.S.) [5]
Public [6]
Source: Bloomberg [2], 08/10/2015
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Source URL:https://www.sej.org/headlines/king-coal-reveals-1-million-bet-jeb-bush

Links
[1] https://www.sej.org/headlines/king-coal-reveals-1-million-bet-jeb-bush [2] http://www.bloomberg.com/politics/articles/2015-08-06/the-king-of-coal-made-a-hidden-1-million-bet-on-jeb-bush [3] https://www.sej.org/category/topics-beat/energy [4] https://www.sej.org/category/topics-beat/environmental-politics [5] https://www.sej.org/category/region/national [6] https://www.sej.org/taxonomy/term/81