It was announced today that GOP presidential candidate Marco Rubio now has the financial backing and support of one of the nation’s top Republican donors. Frank VanderSloot, a billionaire and businessman from Idaho, has just endorsed the senator from Florida.
In an interview with the Washington Post, VanderSloot said that he decided to become a Rubio megadonor based on his ability to lead the country and his ability to be elected out of a crowded GOP field. He also stated that he will schedule fundraisers and work to bundle contributions on Rubio’s behalf. How much he plans on giving to the Rubio campaign remains to be seen.
This is the latest is a string of important endorsements for Rubio. In October, he won the support of another billionaire backer—Paul Singer. Rubio is on the road at the moment, raising funds on the West Coast.
Frank VanderSloot is the CEO and founder of Melaleuca, a company based in Idaho that manufactures various health products, including nutritional supplements and eco-friendly household cleaners. For the last 18 years, Frank VanderSloot has been on the U.S. Chamber of Commerce’s board of directors and has served on the executive board of the chamber.
VanderSloot has been a key financial donor to Republican hopefuls, and in this election cycle, he has already pledged some support to Carly Fiorina and Scott Walker. He was also a national finance co-chair during Mitt Romney’s presidential campaigns in 2008 and 2012.