Billionaire businessman and philanthropist David Koch has pledged “tens of millions of dollars” to help bankroll the campaign of Libertarian presidential candidate Gary Johnson.
Koch’s money will be available to Johnson if he wins the Libertarian nomination. Johnson is a former two-term Republican governor of New Mexico and if he secures the nomination it will be his second time. The Libertarians will select their presidential ticket during the party’s national convention later this month in Orlando.
While David Koch, and his brother Charles, are frequently associated with Republican and conservative causes, David was the Libertarian Party’s vice-presidential candidate in 1980. He also sits on the board of the Cato Institute, the nation’s most prominent libertarian-oriented think tank.
On Wednesday news broke that Johnson chose former Massachusetts Governor Bill Weld as his running mate, however, the Libertarian Party selects its presidential and vice presidential nominees separately, so it is possible that Johnson may be stuck with a running mate other than Weld.
The Koch’s have been open about their dislike of Donald Trump, and have been looking for a third-party candidate to support. Whether Johnson can make a dent however, will have to be seen.