Jeff Smith 12:30 p.m., April 23
Papa Jacobs gives $37,500 in growing proxy battle with GOP's Manchester
Qualcomm founder and La Jolla Democratic billionaire antes up for Nathan Fletcher as war of the super rich white guys glows white hot
As reported earlier today, Qualcomm's Jacobs family may be taking off the gloves against the local Republican establishment, comprised of some of the most powerful San Diego old boys, including U-T San Diego owner and real estate magnate Douglas Manchester, and Irwin Molasky, the Las Vegas friend and associate of late mobster Moe Dalitz, who together built the Mafia friendly La Costa resort with Teamster money four decades ago.
Yesterday Qualcomm CEO Paul Jacobs blasted the GOP Lincoln Club for producing what he called a slanderous hit piece about his company and his candidate for mayor, newly minted Democrat Nathan Fletcher.
Then, late this morning, his father Irwin Jacobs, billionaire founder of the cell phone giant, put more of his money where the family's mouth is, giving $37,500 to an outfit called "Restoring Trust in San Diego - A committee to support Nathan Fletcher for Mayor 2013."
UPDATE: Joan Jacobs, Irwin's wife, has given the same amount to the pro-Fletcher committee, per a report posted online this afternoon by the city clerk's office.
Manchester and Molasky favor GOP endorsed city councilman Kevin Faulconer, and political rough stuff, as well as some nimble sniping, between the wealthy partisans has been growing.
On Sunday, U-T featured an interview with the elder Jacobs that played up his financial support of a multi-billion New York city high-tech development complex in cooperation with Technion-Israel Institute of Technology of Haifa, championed by a Jacobs family friend, billionaire New York Mayor Mike Bloomberg:
The philanthropist, said to be worth $1.6 billion, recently discussed his involvement with the project — and whether it will detract from his philanthropic interests in San Diego County.
The U-T piece concluded with a question for Jacobs:
You’re investing a lot of money in Cornell. You’re not turning away from San Diego, are you?
Jacobs said no.
In his previous race for mayor as an independent, Fletcher was endorsed by Bloomberg, a move some insiders suggested was engineered by Jacobs and related to their New York deal.
More like this:
- Lincoln Club pays for more hits against Jacobs-backed Fletcher — Oct. 31, 2013
- Walmart and Sempra bankroll anti-Fletcher hit piece — Oct. 23, 2013
- Drawings depicting posh stadium for La Jolla billionaire family's NBA team released — May 17, 2013
- Chicago-based Realtors give $20,000 to kill San Diego's Prop Z school bond measure — Oct. 29, 2012
- La Jolla Billionaire Irwin Jacobs Gives $2 million to Pro-Obama Super PAC — July 10, 2012