Showing posts with label billionaires and think tanks. Show all posts
Showing posts with label billionaires and think tanks. Show all posts

Wednesday, July 15, 2020

Think Tank PIIE Has Deep Ties to Chinese Billionaires

Here is more from the Washington Free Beacon:

A former Chinese official has donated hundreds of thousands of dollars to a prominent D.C.-based think tank over the last decade, influencing its research on at least one occasion.
Hong Kong-based billionaire Ronnie Chan sits on the board of directors of the Peterson Institute for International Economics, an influential think tank. He is also one of its most prolific supporters, donating between $350,000 to $575,000 to the think tank since 2010. And while the think tank insists that donors exert almost no influence on its publications, a 2013 report on U.S.-China relations credited Chan, noting that the report "has benefited from discussions with and the comments of" Chan and a litany of other donors.
Chan is an ex-government official in Hong Kong who mobilized his resources to support the election of Carrie Lam, the city's chief executive who cracked down on pro-democracy protesters at the behest of Beijing in recent years. Chan is also a governor of the China-United States Exchange Foundation, a nonprofit organization widely considered to be a front group for the Chinese Communist Party to exercise influence in academia. The foundation has also cut a check to PIIE, sending between $50,000 to $75,000 to the think tank in 2012.

The article says that another billionaire with close ties to China, Min Zhu, a former deputy governor of the People's Bank of China, sits of PIIE's board.  It also notes that PIIE's board of directors page does not mention Chan's or Zhu's past stints in government, even though it does so for other members.

Chan, according to the article, has appeared on a panel discussion hosted by the Council on Foreign Relations (CFR) and has served on the governing boards of the East-West Center and Maureen and Mike Mansfield Foundation.

Update: Here is a new Washington Free Beacon piece entitled "Huawei-Funded Think Tank Takes Aim at Top China Hawk," saying that PIIE works with Chinese government officials to rebut China criticism.  Among other things, it outlines PIIE's ties to Huawei.

Tuesday, July 2, 2019

Koch and Soros Join Forces in New Think Tank

An unlikely pair of billionaires are joining forces to start a new anti-war think tank called the Quincy Institute for Responsible Statecraft.  Here is more from The Boston Globe, which broke the news:

In one of the most remarkable partnerships in modern American political history, [George] Soros and Charles Koch, the more active of the two [Koch] brothers, are joining to finance a new foreign policy think tank in Washington.  It will promote an approach to the world based on diplomacy and restraint rather than threats, sanctions, and bombings.  This is a radical notion in Washington, where every major think tank promotes some variant of neocon militarism or liberal interventionism.
Since peaceful foreign policy was a founding principle of the United States, it's appropriate that the name of the think tank harken back to history.  It will be called the Quincy Institute for Responsible Statecraft, a homage to John Quincy Adams, who in a seminal speech on Independence Day in 1821 declared that the United States "goes not abroad in search of monsters to destroy.  She is the well-wisher to the freedom and independence of all.  She is the champion and vindicator only of her own."
The institute plans to open its doors in September and hold an official inauguration later in the autumn.  Its founding donors - Soros's Open Society Foundation and the Charles Koch Foundation - have each contributed half a million dollars to fund its takeoff.  A handful of individual donors have joined to add another $800,000.  By next year the institute hopes to have a $3.5 million budget and a staff of policy experts who will churn out material for use in Congress and in public debates.  Hiring is underway.
It aims to issue four reports before the end of 2019: two offering alternative approaches to the Middle East and East Asia, one on "ending endless war," and one called "democratizing foreign policy."

The piece notes that Trita Parsi, former President of the National Iranian American Council (NIAC), is a co-founder of the think tank, along with Suzanne DiMaggio (at Carnegie Endowment for International Peace), Stephen Wertheim (Columbia University), and Andrew Bacevich (Boston University).  The National Interest also notes that journalist Eli Clifton is a co-founder.

Here is what Vox had to say about Washington, DC's newest think tank.  Here is Reason's reaction.  Bill Kristol does not seem to be a big fan.  The Washington Times likens the new think tank to "bringing another U.N. in America's gates."

The think tank's new website can be found here.  It is currently seeking a director of media relations.

Update I: "Can this new think tank clean up America's flabby foreign policy?"

Update II: Politico notes that donors now include Rockefeller Brothers Fund, Arca Foundation, and Ploughshares Found.

Update III: The Hill says that Quincy Institute (QI), which held its opening reception on Dec. 4, is now made up of 14 founding staff and 40 non-resident fellow.  It adds that an online publishing forum named Responsible Statecraft will display US foreign policy news and opinions.

Tuesday, June 18, 2019

Renegade Chinese Billionaire Waging Battle That Touches Pair of Think Tanks

Here is more from Politico:

A billionaire at the center of U.S.-China tensions is waging a mysterious legal battle against two D.C. conservatives over a private espionage deal gone bad. The fight touches on a pair of think tanks, a senator’s widow and the capital’s tight-knit group of China hardliners, adding a new chapter to an international saga that has divided the Trump administration and the president’s external allies.
It began when a firm tied to the billionaire, real estate magnate Guo Wengui [who goes by Miles Kwok in the US], allegedly hired a private intelligence firm to dig up dirt on Chinese nationals — including their bank records, porn habits and any illegitimate children — then sued, saying the firm failed to deliver.
In early 2018, the Guo-linked firm hired Strategic Vision, an obscure company led by Washington-area executive French Wallop, to dig up information on several targets, whom the suit does not name.
In addition to Wallop, J. Michael Waller acted as a representative of Strategic Vision, according to a letter the firm submitted to the court. Waller is a vice president at the far-right Center for Security Policy, a think tank founded by Frank Gaffney, a national security activist known for his conspiratorial hostility to Islam
Guo was introduced to Strategic Vision by Lianchao Han, a dissident activist and visiting fellow at the conservative Hudson Institute.

As Think Tank Watch previously reported, President Donald Trump's former strategist Stephen Bannon met Guo Wengui after a Hudson Institute event was cancelled last year.

Wednesday, December 19, 2018

Chinese Tycoon Sought Influence From Washington Think Tanks

Here is more from the New York Times:

He struck billions of dollars’ worth of deals in Russia, Eastern Europe and Africa. He sought business with war-torn places like Chad and with international pariahs like North Korea.
Ye Jianming, a fast-rising Chinese oil tycoon, ventured to places only the most politically connected Chinese companies dared to go. But what he wanted was access to the corridors of power in Washington — and he set out to get it.
Soon, he was meeting with the family of Joseph R. Biden Jr., who was then the vice president. He dined with R. James Woolsey Jr., a former Central Intelligence Agency director and later a senior adviser to President Trump. He bestowed lavish funding on universities and think tanks with direct access to top Washington leaders, looking for the benefits access can bring. He asked one former American security official: If he bought oil fields in Syria, could the former official persuade the American military not to bomb them?
To build influence, Mr. Ye turned to Vuk Jeremic, a Serbian diplomat and former president of the United Nations General Assembly whom CEFC hired as a consultant, and Mr. Ho, a former Hong Kong official. CEFC also donated at least $350,000 to the Institute for the Analysis of Global Security, a politically connected think tank, according to court testimony. The think tank counts Robert C. McFarlane, the Reagan-era national security adviser, as its president and Mr. Woolsey, a Clinton-era C.I.A. director, as its co-chairman

A link to the Institute for the Analysis of Global Security (IAGS) can be found here.  IAGS projects include the United States Energy Security Council, the Global Forum on Energy Security, the Technology and Rare Earth Metals Center (TREM), the Set America Free Coalition, and the Mobility Choice Coalition.

In related news, it was recently reported that Huawei paid the Brookings Institution to write favorable reports.

A group of China specialists recently released a report saying that China is trying to influence US think tanks.

Tuesday, May 1, 2018

Pro-Brexit Think Tank Founder Accused of Working for Russia

Here is more from Bloomberg:

The founder of one of the most influential pro-Brexit think tanks was suspected of working for the Kremlin, a member of Prime Minister Theresa May’s Conservative Party said.
[New Zealand-born billionaire] Christopher Chandler, chairman of investment group Legatum Global Holdings Ltd, has been an “object of interest” to French intelligence since 2002, “on suspicion of working for Russian intelligence services,” according to Bob Seely, a Conservative lawmaker who cited 2005 files of the Direction de la Surveillance du Territoire (DST).
The accusation, which is denied, is significant because Chandler has used some of his wealth to found the Legatum Institute, which has worked with those in May’s Conservative Party who want a harder break from the European Union. Until recently its director of economic policy was Shanker Singham, who argued that Britain’s interests would be best served by leaving the EU’s customs union. The institute’s “senior fellows” include Matthew Elliott, who ran the campaign for Brexit.

The London-based Legatum Institute was founded in 2007 by the Legatum Foundation, the philanthropic arm of the Dubai-based investment firm Legatum Group.

Here is more about the think tank from openDemocracy:
Legatum was not always well disposed towards Brexit. Before the June 2016 referendum, it widely seen as a liberal, pro-EU outfit. Among those employed from its Mayfair offices were US author [and Washington Post columnist] Anne Applebaum and Soviet-born British journalist Peter Pomerantsev.
That changed in the wake of Brexit. Applebaum left after Philippa Stroud was appointed as CEO, in September 2016. The eurosceptic Baroness Stroud co-founded the Centre for Social Justice think-tank and was a special adviser to Brexiteer Iain Duncan Smith.

In March, the think tank parted ways with Shanker Singham, a high-profile advocate of a "hard" Brexit, whose access to cabinet ministers such as Boris Johnson and Liam Fox led to a wave of negative publicity for Legatum.

Singham and three members of his team moved to the Institute of Economic Affairs (IEA), a right-wing think tank in Westminster.

Legatum, which was "relatively unknown" before the Brexit vote, reportedly has an annual income of around $5.8 million.

Monday, April 3, 2017

Amid Tarnished Image Rubenstein Gives Brookings $20 Million Boost

Billionaire David Rubenstein has just injected $20 million into the Brookings Institution.  Here is more from a press release:
Brookings Institution President Strobe Talbott announced today the establishment of the David M. Rubenstein Fellowships. As part of the Institution’s strategic plan for its second century, which includes a key goal of advancing diversity in its scholarly community, Brookings will appoint outstanding early-and mid-career scholars and experts from the United States and abroad. The work of the Rubenstein Fellows will significantly augment and diversify the independent policy research and analysis of Brookings’s more than 100 resident scholars. The first class of Rubenstein Fellows will take up their positions at Brookings by September 2017.
This new program is made possible by a generous multi-million dollar gift from David M. Rubenstein, co-chair of the Brookings Board of Trustees, and co-founder and co-chief executive officer of the Carlyle Group.
Following a rigorous and competitive application process, the Rubenstein Fellows will be appointed for two-year terms in one or more of Brookings’s five research programs.

Although the press release does not mention the exact amount of the donation, other entities have reported that Rubenstein gave $15 million for the new fellowship program and $5 million to the think tank's foreign policy department.

Inside Philanthropy writes about the new donation, saying that it is "hard to see think tanks overseen by corporate leaders and heavily funded by business as truly impartial."  It also notes that it is one of the biggest gifts made to a think tank in recent years.

Anyone interesting in applying for the fellowship can do so here (salary is commensurate with experience).

In 2014, billionaire Daniel D'Aniello (also from the Carlyle Group) gave the American Enterprise Institute (AEI) $20 million.

In 2013, the Heritage Foundation received a $26 million gift from the family of the late  Kathryn and Shelby Cullom Davis.

Wednesday, September 21, 2016

Billionaire's Daughter Throwing Big Money at Think Tanks

In the think tank world, it pays to be friends with billionaires.  The latest example comes from The Washington Post:
Mitt Romney had just lost the 2012 presidential election, and a group of wealthy donors assembled in New York's University Club was trying to figure out what had gone wrong.  Suddenly, a young woman stood up before the largely male crowd and delivered an unsparing critique of the Republican's technology and canvassing operations.
Thomas Saunders III, chairman of the Heritage Foundation's Board of Trustees, was impressed.  "Who is that?" he asked the man next to him.
Soon, there would be few in conservative policy and political circles who did not know the name Rebekah Mercer.
Galvanized in part by the Republicans' 2012 White House loss, the middle daughter of billionaire hedge fund magnate Robert Mercer has rattled the status quo by directing her family's resources into an array of investments on the right.  In the past six years, the Mercers have poured tens of millions into Republican super PACs, Washington think tanks, state policy shops, a film-production company, a data analytics operation and one of the country's most provocative online conservative news outlets.

The article goes on to note that Rebekah Mercer jointed the board of the Goldwater Institute and her family foundation gave nearly $1 million to the think tank between 2011 and 2014.  The family foundation have nearly $35 million to conservative think tanks and policy groups between 2009 and 2014.  And she is now on the board of trustees of the Heritage Foundation.

The Hill also notes that Mercer has been a big supporter of the libertarian Cato Institute.

Think Tank Watch recently wrote about a new trend of billionaires starting their own think tanks.  Here is a previous Think Tank Watch post on the favorite think tank of billionaires.

Wednesday, April 20, 2016

New Trend: Billionaire Think Tanks

We all know that billionaire's give tons of money to think tanks both large and small.  But a new trend has been taking shape that is redefining the traditional system of think tanks getting money from wealthy donors.

Now, a number of billionaires are starting their own think tanks rather than relying on ones that already exist.  Here is a recent example from The New York Times:
In a wood-paneled conference room in Stanford, Calif., a score of scholars, many of them eminent and some from as far away as Johannesburg and Beijing, gathered last month to compare philosophical notions of hierarchy and equality.
The gathering itself had no overt hierarchy, though one participant seemed a little more equal than the others. When Nicolas Berggruen spoke, no one interrupted. Only he occasionally checked his phone. And at dinner, the guests received fruit tarts for dessert — except for Mr. Berggruen, who was served chocolate mousse.
Mr. Berggruen, 54, is an investor and art collector who was once known as the “homeless billionaire” because he lived in itinerant luxury in five-star hotels. Now he is grounded in Los Angeles where he presides over a bespoke think tank, the Berggruen Institute.
The institute is a striking example of how wealthy philanthropists are reshaping the landscape with smaller versions of the foundations established by Bill Gates and George Soros. Sean Parker, one of the entrepreneurs behind Napster and Facebook, has a research institute, The Parker Foundation, which this month pledged $250 million for cancer immunotherapy. He is also a co-founder of the Economic Innovation Group, which labels itself an “ideas laboratory.” Tom Steyer, who made his fortune as a hedge fund manager in California, has several environmental nonprofit groups, and last year created the Fair Shake Commission to redress economic inequality.

The Berggruen Institute, founded in 2010 and based in Los Angeles, definitely has the coolest prize of any think tank that Think Tank Watch can think of - a $1 million prize in philosophy.

The think tank's Board of Advisors can be found here, and includes Arianna Huffington, Mohamed El-Erian, and former President of Mexico Ernesto Zedillo.

Here is a previous Think Tank Watch on billionaires and think tanks.