Stanley S. Hubbard, one of Minnesota's richest men and most prolific political donors, was walking along 8th Street in downtown Minneapolis recently with the influential business lobbyist Charlie Weaver when the billionaire broadcasting mogul spotted a cigarette butt on the sidewalk.
"He stooped down and picked it up off the ground and threw it in the garbage," Weaver recalled. "He says, 'I hate it when people do that.' I'm like, 'Stanley! What are you doing?' Nobody manages Stanley Hubbard — this I know."
At 82, the chairman and CEO of Hubbard Broadcasting brims with more energy, fiery opinions and offbeat quirks than many people half his age. A longtime, conservative-leaning contributor to political candidates and causes both in Minnesota and nationwide, Hubbard in the current presidential cycle has emerged as something of a regular spokesman for the wealthy donor class.
Many campaign megadonors, particularly the conservative ones, shy from press coverage. Not Hubbard. He has urged fellow billionaire businessmen like his friends Charles and David Koch to be more public about their campaign giving. He provided a running commentary in the national press last summer about the rise and fall of Wisconsin Gov. Scott Walker's presidential campaign, both praising Walker but also candidly critiquing his faults.
Hubbard is also brutally frank in his assessment of the remaining Republican candidates. Donald Trump is "a jerk." Jeb Bush is a nice man, but "disappointing." Marco Rubio "seems like he has a good personality." Ted Cruz is "a right-wing religious guy, I don't like that."
After first betting on Walker, Hubbard and his wife, Karen, this year have donated relatively small sums of between $2,500 and $5,400 to Bush, Rubio, Ben Carson, Carly Fiorina and Chris Christie. But, after earlier in 2015 donating $50,000 to a political action committee supporting the Wisconsin governor, and $200,000 last year and this year to the Koch brothers' Freedom Partners Action Fund, Hubbard said he would refrain from dropping any more big sums on the presidential race until after the GOP field sorts itself out.
"We'll see who rises to the top," Hubbard said in an interview with the Star Tribune.
Family business
Hubbard's office is on the second floor of the University Avenue building that houses Hubbard Broadcasting and its flagship station, KSTP. His father, Stanley E. Hubbard, opened it for business in 1948, sitting along the Minneapolis-St. Paul border.