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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
LeadershipJeb Bush

Jeb Bush is reaching out to Asia for campaign donations

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Michal Addady
Michal Addady
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By
Michal Addady
Michal Addady
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September 8, 2015, 4:13 PM ET
Presidential Candidates Stump At Iowa State Fair
DES MOINES, IA - AUGUST 14: Republican presidential hopeful and former Florida Gov. Jeb Bush speaks to fairgoers during the Iowa State Fair on August 14, 2015 in Des Moines, Iowa. Presidential candidates are addressing attendees at the Iowa State Fair on the Des Moines Register Presidential Soapbox stage. The State Fair runs through August 23. (Photo by Justin Sullivan/Getty Images)Photograph by Justin Sullivan — Getty Images
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Jeb Bush is making fundraising calls to Americans living in China, the Financial Times reports.

He is hosting a fundraising event in Hong Kong where he is expected to speak to supporters via video conference. Bush anticipates 40 guests to attend; at $2,700 per guest, his campaign is expected to raise around $100,000. The event is being hosted by Michael DeSombre, the Republicans Overseas global president, who helped Mitt Romney raise $2 million in Asia during his 2012 campaign.

The group caters to the 8.7 million Americans living overseas. DeSombre says, “If they were a state, they would be the 13th biggest by population, but historically they have not had a voice because many do not vote,” although they are still affected by U.S. law, including tax demands and especially foreign policy.

Bush isn’t the only candidate reaching out to overseas supporters, but he’s the only one with a huge advantage in Asia, where his father and brother, both former presidents, have already built networks he can tap into.

A Bush supporter told FT that this is just the first of many Hong Kong events the candidate will host.

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