President Joe Biden is set to visit San Francisco, Los Altos Hills and Los Angeles this week, hitting up California’s deep-pocketed Democratic donors in the ramp-up to his impending rematch against former President Trump.
Among Biden’s stops is a fundraiser at the home of Robert and Danielle Klein in Los Altos Hills on Thursday, the Los Angeles Times reports. Former State Controller and venture capitalist Steve Westly will co-host the event. Tickets start at $6,600 and go up to $100,000 for hosts, $50,000 for co-hosts and $25,000 for an “advocate,” The Hill reported.
Robert Klein manages a $7 billion real-estate development company, with major investments from CalPERS, California’s Public Employee Pension Fund. Klein also led ballot initiatives in 2004 and 2020 to create a new state stem-cell agency, funding it with $8.5 billion in funds borrowed from the state.