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April 23, 2014

Senate Candidate David Perdue Has Plenty To Be Thankful For

A multi-millionaire 2014 Senate candidate has reported his personal financial wealth in a new filing under the Ethics in Government Act, showing he could contribute or loan millions to his campaign.

Former Dollar General CEO David A. Perdue, a Republican 2014 U.S. Senate candidate in Georgia, reported vast holdings in stocks, bonds, partnerships, investment accounts and deferred compensation. He is running in a crowded field of Republicans for the seat now held by Sen. Saxby Chambliss, R-Ga., who is retiring at the end of next year.

Because the value of assets is listed in broad dollar categories, his reported wealth ranges from an estimated $27 million to $83 million.

Perdue reported he had $887,045 in income in 2011-2013 from board fees at four corporations, Graphic Packaging (Ga.), Easton-Bell Sports (Calif.), Liquidity Services Inc. (D.C.), and Alliant Energy Corporation (Wis.).

The largest investments of he and his spouse include $5 million to $25 million in DBP Enterprises; $1 million to $5 million in the Aquia Group LLC; $1 million to $5 million in Perdue Partners; $1 million to $5 million in Benton Global LLC; $1 million to $5 million in deferred compensation from Alliant Energy Corp.; $1 million to $5 million in DSP Enterprises in a Goldman Sachs investment account; over $1 million in Henry County Georgia School District bonds; over $1 million in Georgia State bonds.

Perdue’s campaign finance reports, covering through 9/30, show he has already contributed $632,733 to his campaign and loaned the campaign another $500,000.

To search detailed money-in-politics databases, visit Political MoneyLine.

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