Donald Trump’s tax cuts may be helping Wall Street, but some of its biggest names haven’t forgotten Barack Obama.
Philanthropic funds connected to Goldman Sachs Group Inc. and hedge fund billionaire Ken Griffin are among donors that gave the Obama Foundation at least $1 million apiece, the former president’s organization announced. The foundation is building the Obama Presidential Center, with museum, library and a public forum, on Chicago’s South Side.
The list also includes Ariel Investments head John Rogers and Morningstar Inc. executive chairman Joe Mansueto. Hedge fund billionaires David Shaw and Jim Simons had already given at least $1 million.
The former president earned about $400,000 each from speaking to Carlyle Group LP, Northern Trust Corp. and Cantor Fitzgerald LP, Bloomberg reported last year.