Everything about Dwayne Andreas totally explained
Dwayne Orville Andreas (born
4 March 1918), is one of the most prominent political campaign donors in the
United States, having contributed millions of dollars to
Democratic and
Republican candidates alike. For thirty years, he was in the leadership of
Archer Daniels Midland (ADM), the largest processor of farm commodities in the
United States, where he made his fortune.
Andreas was born in
Worthington, Minnesota. He grew up mostly in
Iowa and attended
Wheaton College in
Illinois, but dropped out in his sophomore year after getting married, and went to work for a modest, family-owned food-processing firm in
Cedar Rapids, Iowa. When
Cargill bought the Cedar Rapids facility in 1945, Andreas joined the commodity firm, eventually becoming a vice president. Andreas resigned from Cargill in 1952, and continued in the vegetable oil business, eventually as an executive of the Grain Terminal Association.
In
1971 Andreas became Chief Executive Officer of ADM, and is credited with transforming the firm into an industrial powerhouse — so powerful that by
1996, ADM had been investigated for price-fixing and was assessed the largest antitrust fine in U.S. history: 100 million dollars. Andreas remained CEO until
1997.
While not well known to the public, Andreas commands much respect among Washington politicians for his largesse. As part of the investigations surrounding illegal campaign fundraising linked to the
Watergate scandal, Andreas was charged with (but acquitted of) illegally contributing $100,000 to
Hubert Humphrey's
1968 presidential campaign. In
1972 Andreas unlawfully contributed $25,000 to
President Nixon's re-election campaign via
Watergate burglar
Bernard Barker. Other recipients of Andreas's "tithing" — as he puts it — have included
George H. W. Bush,
Jimmy Carter,
Bill Clinton,
Bob Dole,
Michael Dukakis,
Jesse Jackson, and
Jack Kemp.
According to
Mother Jones magazine:
During the 1992 election, Andreas gave more than $1.4 million in soft money and $345,000 to individual candidates, using multiple donors in his company and family members (including wife Inez) to circumvent contribution limits.
Not all of Andreas's charity goes directly to politicians: in the 1990s he contributed $2.5 million to
Florida public broadcasting network
WXEL.
Andreas was one of several signatories to a
May 20,
2004 open letter exhorting President
George W. Bush to lift travel and humanitarian aid restrictions on
Cuba.
Andreas is on the Board of Trustees of
The Forum for International Policy.
The namesake of Barry University School of Law is named after Andreas.
Further Information
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