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Who is Robert Mercer?
Mercer joined IBM Research in the fall of 1972 and worked at the Thomas J. Watson Research Center in Yorktown, New York where he helped develop Brown clustering, a statistical machine translation technique as part of a speech recognition and translation research program led by Frederick Jelinek and Lalit Bahl.[12][13] In June 2014, Mercer received the Association for Computational Linguistics Lifetime Achievement Award for this work.[14]
In 1993, Mercer joined hedge fund Renaissance Technologies after being recruited by executive Nick Patterson.[13][15] The founder of Renaissance, James Harris Simons, a quantitative analyst, preferred to hire mathematicians, computer scientists, and physicists rather than business school students or financial analysts.[12][16][17] Mercer and a former colleague from IBM, Peter Brown, became co-CEOs of Renaissance when Simons retired in 2009.[13] Renaissance's main fund, Medallion, earned 39% per year on average from 1989 to 2006.[7] A bipartisan Senate panel estimated in 2014 that Medallion investors underpaid their taxes by some $6.8 billion over more than a decade by masking short-term gains as long-term returns.[18][19] As of 2014, Renaissance managed $25 billion in assets.[2] In November 2017 Mercer announced that he would be stepping down from his position at Renaissance Technologies. The decision was taken after the hedge fund faced backlash over Mercer's political activism.[20]
Mercer appears as a director of eight Bermuda companies in the Paradise Papers, some of which appear to have been used to legally avoid US taxes.[21]
In 2015, The Washington Post called Mercer one of the ten most influential billionaires in politics.[22] Since 2006, Mercer has donated about $34.9 million to Republican political campaigns in the US.[23]
Mercer has given $750,000 to the Club for Growth, $2 million to American Crossroads,[24] and $2.5 million to Freedom Partners Action Fund.[25] In 2010, he financially supported fringe biochemist[26] Art Robinson's unsuccessful efforts to unseat Peter DeFazio in Oregon's 4th congressional district.[27] In the 2013-2014 election cycle, Mercer donated the fourth largest amount of money among individual donors and the second most among Republican donors.[2]
Mercer joined the Koch brothers’ conservative political donor network after the 2010 Citizens United v. FEC, but Mercer and his daughter, Rebekah Mercer, decided to establish their own political foundation.[28] The Mercer Family Foundation, run by Rebekah, has donated to a variety of conservative causes.[2]
Mercer has donated to the Heritage Foundation, the Cato Institute, the Media Research Center, Reclaim New York, GAI, and Citizens for Self-Governance.[11][29][30] In 2013, Mercer was shown data by former Jimmy Carter pollster Patrick Caddell, who has been critical of top Democrats, and commissioned more research from Caddell that showed "voters were becoming alienated from both political parties and mainstream candidates".[11]
Mercer was the main financial backer of the Jackson Hole Summit, a conference that took place in Wyoming in August 2015 to advocate for the gold standard.[7] He has also supported Doctors for Disaster Preparedness, Fred Kelly Grant (an Idaho activist who encourages legal challenges to environmental laws), a campaign for the death penalty in Nebraska, and funded ads in New York critical of the so-called "ground-zero mosque".[7] According to associates interviewed by Bloomberg, Mercer is concerned with the monetary and banking systems of the United States, which he believes are in danger from government meddling.[7] Mercer is a major source of funds of Breitbart News.[31] He gave at least $10 million to the media outlet, according to Newsweek.[32]
In 2015 Mercer also gave $400,000 to Black Americans for a Better Future, a conservative think tank led by Raynard Jackson.[33] Since 2017 Mercer has donated $87,100 to the same Super PAC.[34]
https://en.wikipedia.org/wiki/Robert_Mercer
I wonder if he is leveraged by the CCP, or what other game he might be playing.
Interesting that he is not backing Trump in 2020, and that most of his appointees to Trump's campaign have been removed.