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Meg Whitman (Associated Press)

Meg Whitman Sets New Personal Spending Record - $119 Million

Sep 15, 2010

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With all the attention Wednesday on the impressive primary victories by Tea Party-backed candidates in Delaware in New York, news of an important milestone in campaign spending was largely overshadowed.

The Los Angeles Times reported Wednesday that Meg Whitman, the Republican nominee for California governor and former eBay CEO, now holds the record for personal spending on a U.S. political campaign — $119 million.

The Times reported that she achieved the new record by giving her campaign an additional $15 million Tuesday.

That additional bit of self-funding pushed her past the previous record holder, fellow billionaire New York City Mayor Michael Bloomberg who spent $109 million to get re-elected last year.

Forbes magazine placed Whitman's financial net worth at about $1.3 billion last March.

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