Pro-Trump megadonor is part owner of Breitbart News empire, CEO reveals

The following post by Elise Viebeck and Matea Gold was posted on the Washington Post website February 24, 2017:

Conservative donor Rebekah Mercer has directed her family’s resources into an array of groups on the right. (Photo courtesy of the Media Research Center/Photo courtesy of the Media Research Center)

Breitbart News Network, the far-right media outlet that heralded President Trump’s rise and was once led by his top White House strategist, is owned in part by a wealthy conservative family that poured millions into propelling Trump into office, the company’s chief executive acknowledged Friday.

The site’s financial backing from the Mercers further cements the family’s status as some of the most influential financiers of the Trump era. The news comes as Breitbart has enjoyed a higher profile within the White House press corps.

The Mercers’ investment in Breitbart has been previously reported by The Washington Post and other news outlets, but the family’s role as partial owners of the organization has never been officially confirmed. Larry Solov, Breitbart’s president and CEO, shared the company’s ownership information with a panel of congressional journalists as part of a process to get Capitol Hill press credentials for Breitbart reporters.

Solov said that he is also an owner of the company. The largest share is owned by Susannah ­Breitbart, the widow of site founder Andrew Breitbart, who died in 2012. Continue reading “Pro-Trump megadonor is part owner of Breitbart News empire, CEO reveals”