Dennis Romboy, 20 May 2016
Overstock.com founder and former CEO Patrick Byrne continues to fuel Jonathan Johnson’s campaign for governor with unprecedented amounts of cash.
Byrne dropped another $250,000 into the Republican candidate’s bank account this week, bringing his total personal contributions to $400,000 so far. He also gave another $200,000 to Johnson’s Promote Liberty PAC, with at least $50,000 of that going to the campaign.
Donations to Johnson, the Overstock board chairman, from other sources since the last reporting period in mid-April total about $47,000, according to financial disclosure reports.
A review of Utah financial disclosure records for the past five years shows no individual has given more to a single candidate than Byrne has to Johnson, though some organizations have donated hefty six-figure sums to candidates.
Utah does not limit the amount of money a person may donate to a political campaign. Johnson campaign manager Dave Hansen defended Byrne’s large contributions.