Eric Swalwell’s billionaire benefactor, Stephen Cloobeck, says he cutoff the disgraced politician in an explosive last meeting, telling him to get the “f—k out” of his house.
In a matter of days, the former Democratic frontrunner for California governor has had a stunning political collapse — suspending his campaign, before announcing his resignation from Congress on Monday amid accusations of sexual assault from four women, including an ex-staffer who claims Swalwell raped her while drunk at an April 2024 charity Gala.
“I am no longer associated with a man that takes advantage of women,” Cloobeck said. “I support women’s rights.”
The Post confirmed Swalwell was holed up in Cloobeck’s $26 million Beverly Hills Mansion as the allegations against him came to light, even filming a video furiously denying the rape and sexual assault claims from a room inside the 9,700-square-foot home.
Swalwell, who married Brittney Watts in 2016 and has three children, was always a “gentleman” when he stayed at the house and would send “pastries and cookies” two days later, according to Cloobeck.
But the billionaires’ hospitality quickly took a turn as bi-partisan pressure ramped up for Swalwell to resign from Congress.
Cloobeck offered new details into those final moments, telling The Post that Swalwell “apologized” before the billionaire “ripped him a new “f—king a—hole.”
“I was with my counsel and we had a chat with him, I just told him: ‘you busted the trust,’” Cloobeck said. “I’m shocked, I’m disturbed and get the f—k out of here. Then I walked away and that was it.”
Cloobeck also confirmed to The Post that it was his lawyer who initially defended Swalwell on CNN Friday night to refute the allegations.
“All he did was help Eric out going on CNN. He was advised to go on himself, he didn’t want to do it and I asked my counsel to do it,” Cloobeck said.
But the goodwill and funding has now dried up, as Cloobeck vowed to provide “zero financial help” moving forward.
The billionaire also denied he or his business entities ever issued non-disclosure agreements on Swalwell’s behalf — something that his accusers said prevented them from speaking out sooner.
“There were no NDA’s by any of my entities for any of these women,” he said.
Swalwell, who promised to “fight the serious, false allegation made against me,” also faces a sexual assault investigation from the Manhattan District Attorney’s Office.
