Web Analytics
Billionaires Poured Record $880 million Into US Midterm Elections

Factz

Billionaires Poured Record $880 million Into US Midterm Elections

Billionaire donors have just broken a record in the US.

They spent a combined $880 million on the midterm elections. This number was tallied in early November and may be closer to $1B now.

The top donor is George Soros, who put $128 million on his own into elections. The second-highest donor is Richard Uihlein, who spent $67 million on Republican candidates.

Most of the spending favored Republicans, which is an interesting contrast to their “working man” tagline.

Billionaire spending increased this year by 44% over the 2018 midterms.

The best question for Republican voters to ask would be: why do billionaires care so much about the “working man’s party,” and why do they desperately need candidates to win?

Democrats, by contrast, earned more grassroots donations this year to fund what turned out to be surprisingly successful candidates in a year when they should have been dealt staggering losses.

While Republicans likely still take the W in the House, they may not take the Senate majority, and given the unpopularity of Biden – they should have won both easily.

Subscribe
Notify of
guest
10 Comments
Inline Feedbacks
View all comments
Dr. M
Dr. M
4 months ago

And the Dems still won. What a waste of money.

CobraKai
4 months ago
Reply to  Dr. M

Great investment like FTX.

LLL3.0
4 months ago
Reply to  CobraKai

Hahahaha true.

Nightowl
4 months ago
Reply to  Dr. M

More like cheated! How else can be you explain the overnight success with mail in ballots.

CobraKai
4 months ago

So what did the Republicans do with all the cash?

Musk
4 months ago

I saved millions by just tweeting.

LLL3.0
4 months ago

Pity both parties don’t clean up how voting is done in America.

Nathalie Murray
Nathalie Murray
4 months ago
Reply to  LLL3.0

That’s the way how voting is done everywhere. The candidate is more important than the money. All depends son who the candidate is. Take 25 year old Maxwell Smart. He had no money.

ItzTocaElly
ItzTocaElly
4 months ago

Same as dr.m

Mr. SmartyPants
Mr. SmartyPants
4 months ago

Thank you George Soros, Fox News ‘ favorite boogeyman when they want to mask their anti-semitism!