The Billionaire Conservative Mercer Family: Robert Mercer … and race relations

[This is the father who made the fortune. But look closely at him. He is racial. Look below at the section from Wikipedia on Race Relations. This man is very brilliant. Not all WASPS are useless. This family, especially, is interesting. Jan]

Here’s background on him:

Robert Leroy Mercer (born July 11, 1946)[2] is an American hedge fund manager, computer scientist, and political donor. Mercer was an early artificial intelligence researcher and developer and is the former co-CEO of the hedge fund company Renaissance Technologies.[2][3][4]

Mercer played a key role in the campaign for the United Kingdom to leave the European Union by donating data analytics services to Nigel Farage.[5] He has also been a major funder of organizations supporting right-wing political causes in the United States, such as Breitbart News,[6] the now-defunct Cambridge Analytica,[7] and Donald Trump‘s 2016 campaign for president.[8] He is the principal benefactor of the Make America Number 1 super PAC.[9]

In November 2017, Mercer announced he would step down from Renaissance Technologies and sell his stake in Breitbart News to his daughters.[10] He was the majority owner of SCL Group, a self-described "global elections management agency",[11] before it was dissolved in 2018.[3] In 2021, Mercer was involved in possibly the largest tax settlement in U.S. history, as he, James Simons, and other executives at the hedge fund Renaissance Technologies were ordered to pay as much as $7 billion to the IRS in back taxes.[12]

Race relations

Mercer has said that the Civil Rights Act of 1964, the landmark federal statute arising from the civil rights movement of the 1960s, was a major mistake. In 2017, David Magerman, a former Renaissance employee, alleged in a lawsuit that Mercer had said that African Americans were economically better off before the civil rights movement, that white racists no longer existed in the United States, and that the only racists remaining were black racists


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