Republican candidate for governor Jesse Sullivan | Sullivan Campaign
Illinois native Jesse Sullivan, founder of Alter Global in San Francisco, “is announcing his candidacy for the Republican nomination for Governor,” his campaign announced in an email.
With nearly $11 million in donations from West Coast supporters, San Francisco venture capitalist Jesse Sullivan officially entered the Republican race for governor on Thursday, releasing a campaign video ahead of a downstate news conference this afternoon.
Illinois native Jesse Sullivan, founder of Alter Global in San Francisco, “is announcing his candidacy for the Republican nomination for Governor,” according to a campaign email.
“Driven by faith, family, and service, his platform will focus on three core issues: strengthening the Illinois economy, leaving the state’s historic corruption in the past, and addressing the crime hurting Illinois families,” the statement said.
The native of downstate Petersburg in central Illinois reported Wednesday raising nearly $11 million in contributions from seven out-of-state donors.
He plans to attend a campaign announcement at 4:30 p.m. Thursday.
At 4:29 p.m. Wednesday, the 37-year-old reported taking in $10,780,000 in donations — all but $780,000 of it from just four California contributors — since last Friday.
The largest donation was $5 million from Chris Larsen, billionaire co-founder and board chairman of San Francisco-based global financial firm Ripple, according to Sullivan’s campaign filings with the Illinois State Board of Elections.
Larsen has a net worth of $3.4 billion, according to Forbes.
Another $4 million came from Kevin Taweel, CEO of Asurion, in San Mateo, California, described on the company website as “the world’s largest provider of technology protection services.”
Sullivan is the latest — and so far, best funded — Republican to announce a challenge to Pritzker.
Candidates already running include state Sen. Darren Bailey of downstate Xenia, former state Sen. Paul Schimpf of downstate Waterloo and businessman Gary Rabine of northwest suburban Bull Valley. U.S. Rep. Rodney Davis of downstate Taylorville and Regional Transportation Chairman Kirk Dillard of Hinsdale are also weighing entering the race.
Pritzker has already seeded his re-election campaign with $35 million. The billionaire Democrat spent $171 million of his own fortune on his 2018 bid to oust then Republican Gov. Bruce Rauner, a battle that went down as one of the most expensive gubernatorial races in American history.