A top supporter of Rep. Ron DeSantis has contributed $500,000 to a state-level political committee that could be used to help fund a gubernatorial bid.
POLITICO Florida reported that Frederick Sontag contributed $500,000 to Fund for Florida’s Future, a state-level political committee, on May 5. The committee, which was required to report all contributions it received in May by Monday, received $535,000 in contributions last month.
Sontag is the founder of Spring Bay Companies, a Ponte Vedra Beach private equity firm focused on technology investments, and has a history of supporting DeSantis. POLITICO Florida reported that in 2016 Spring Bay Capital, a company owned by Sontag and affiliated with Spring Bay Companies, gave $500,000 to the Fighting for Florida Fund, a super PAC backing DeSantis.
DeSantis is believed to be mulling a 2018 gubernatorial bid. If he runs, he’ll need a massive war chest. Agriculture Commissioner Adam Putnam has $10 million in the bank. Sen. Jack Latvala and House Speaker Richard Corcoran are also considering a run.