Donald Huffines
Donald Huffines is a real estate and car dealership billionaire who made significant political contributions to Super PACs supporting Texas congressman Ron Paul's bid for the Republican party nomination in 2012.
Biography
Donald Huffines graduated from the University of Texas at Austin in 1981 with a BBA in Finance. In 1982 he started his career in office leasing, retail development and income property sales with the largest commercial brokerage company in Texas, Henry S. Miller Company. He was promoted to a VP with the company in 1984, stayed a year, then opened his own company, Huffines Communities brother Phillip Huffines in 1985.
With wife Mary he owned an $8.8M home, ranked 65th in D Magazine's list of the 100 most expensive houses in Dallas in 2009.[1]
The co-owner of residential developer Huffines Communities flew a huge Ron Paul banner outside his Highland Park home, a pink granite “modern Richardsonian Romanesque masterpiece” called Coram Deo that is on the market for $10 million.
Huffines Communities invested in land and developed it in the commercial and residential boom of Dallas/Fort Worth in the 1980s that lasted for nearly twenty years. He also used the S&L crisis to acquire valuable property from government institutions, on the fire sale pricing of the S&L bailout.
He and his brother also own and operate the Huffines Auto Dealerships which father James Lecil "J.L." Huffines, Jr. owned until his passing in 1990 at age 85. [2]
In 1997 his company shifted its focus to large master-planned mixed-use communities. They are the largest master-planned community developer in the Dallas/Fort Worth area which is the fourth largest housing market in the US. [3]
Political Giving
Huffines is a big supporter of Ron Paul, flying a flag supporting Paul over his house in 2009 when D Magazine went to review it for their top 100 most expensive homes of all time.
In 2012, Huffines launched and became Treasurer of the Santa Rita SuperPAC, a Super PAC which formed in January of 2012 and spent heavily in South Carolina's primary on television advertising and longform internet videos that largely supported Dr. Paul or bashed Newt Gingrich.
References
- ↑ The 100 Most Expensive Homes in Dallas D Magazine - 7/1/2009
- ↑ Huffines Auto Dealerships In the News
- ↑ [http://www.huffinescommunities.com/team-dh.aspx Huffines Communities bio