Former AIG chief Maurice “Hank” Greenberg, 90, may end his support for Jeb Bush and back Marco Rubio instead.
Bloomberg reports the insurance industry titan who grew AIG into the world’s largest insurer is reconsidering his continued support for Bush after the candidate finished sixth in the Iowa caucuses. If he abandons Bush, he will likely switch to Rubio, he says.
As Breitbart News reported, Greenberg’s company, CV Starr, gave Bush’s super PAC Right to Rise USA $10 million, its largest donation within the last six months. Greenburg has been one of the biggest donors in the entire 2016 presidential race.
In an interview with Betty Liu Wednesday, Greenberg said he will decide after votes take place in another “one or two states” which candidate he will be backing.
Right to Rise – which has spent more on the 2016 race than any other independent entity – has shelled out some $65 million on television spots, digital ads, and mailers to promote Bush.
Bush’s Super PAC has drawn criticism for spending much of its money on attacking Rubio rather than GOP frontrunner Donald Trump. Some of Bush’s donors are complaining he is “burning money” with lavish spending on high priced hotels and private planes while his poll numbers have plummeted.