Swiss Billionaire Hansjörg Wyss Bankrolled Eco Groups Seeking to Shut Down Domestic Energy Production, 2024 Tax Filings Show
Washington Free Beacon: Swiss Billionaire Hansjörg Wyss Sent $40 Million to Liberal Groups Working To Kill US Oil Production and Turn Out Climate Voters, Records Show
Wyss has come under congressional scrutiny for meddling in American politics as a foreign national
Swiss billionaire Hansjörg Wyss’s eponymous charity funneled tens of millions of dollars last year to left-wing nonprofits working to shut down American oil and gas production and turn out climate-concerned voters, according to the group’s tax filings first obtained by the Washington Free Beacon.
In total, the Wyss Foundation wired grants worth more than $40 million to two dozen organizations that buy large swaths of American land to prevent resource development, advocate for “climate justice,” and increase voter turnout among those who see global warming as the most consequential issue facing the country.
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Wyss acknowledged in 2021 he is a foreign national, but denied violating federal restrictions governing the use of foreign money in American politics. That came in response to a complaint filed by watchdog Americans for Public Trust (APT), which had argued in a Federal Election Commission complaint that the Swiss billionaire had funneled money to election-related initiatives through his foundation.
Foreign nationals like Wyss are barred from directly contributing to campaigns but are generally able to give to politically involved nonprofits.
“Year after year, Swiss billionaire Hansjörg Wyss uses his private foundation to pump tens of millions of dollars into American politics to push his radical and progressive agenda,” APT executive director Caitlin Sutherland told the Free Beacon.
“His foreign money continues to bankroll activist groups like New Venture Fund, Sierra Club, and League of Conservation Voters that work to support a dangerous climate agenda that undermines our energy independence, all while turning out extremist climate cult voters,” she continued. “It is imperative Congress and state lawmakers close the loopholes being exploited by Wyss and other hostile foreign actors to advance their radical agendas virtually unchecked.”
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