The Mercers Wash Their Hands of Milo
The conservative billionaire distances himself from the right-wing provocateur, whose reputation has been sullied by reports outlining his ties to white nationalists.
In a rare acknowledgement of the controversies caused by his family’s political advocacy, billionaire Republican donor Robert Mercer is stepping down from his hedge fund and selling his stake in Breitbart News to his daughters.
The move was announced in a letter Mercer to employees of his investment fund, Renaissance Technologies. In the letter, Mercer disavowed Milo Yiannopoulos, the right-wing provocateur and former tech editor whose close ties to white-nationalist figures were revealed in a tranche of emails . Despite the letter, sources familiar with Mercer’s situation tell me this doesn’t mean the family is retreating from
