Top 7 donors for midterm elections 2022

 

It is known that money alone doesn’t guarantee electoral success, but every candidate prefers to be the one with more money to spend.

Big spending by itself doesn’t automatically mean winning. There have been notable instances of the financially strongest candidates losing (such as crypto-backed House candidate Carrick Flynn earlier this year and billionaire Michael Bloomberg’s self-financed presidential bid), but money can certainly help put a candidate on the right track.

1- George Soros

He was born on August 12, 1930, is a Hungarian-born American businessman and philanthropist. As of March 2021, he had a net worth of US$8.6 billion, having donated more than $32 billion to the Open Society Foundations, of which $15 billion has already been distributed, representing 64% of his original fortune. Forbes called him the "most generous giver"

Total Contributions: $129 million for Democrats

2- Ken Griffin

He was born on October 15, 1968, is an American hedge fund manager, entrepreneur and investor. He is the founder, chief executive officer, co-chief investment officer, and 80% owner of Citadel LLC, a multinational hedge fund. He also owns Citadel Securities, one of the largest market makers in the U.S.

Total Contributions: $51 million for Republicans

3- Richard Uihlein

He was born in 1945 and Elizabeth Uihlein are American billionaire businesspeople, founders of Uline and conservative donors.

Total Contributions: $49 million for Republicans

4- Sam Bankman-Fried

He was born on March 6, 1992, also known by his initials SBF, is an American entrepreneur, billionaire, and investor. He is the founder and CEO of FTX, a cryptocurrency exchange, and FTX.US, its U.S. affiliate.

Total Contributions: $40 million for Democrats

Read more: 7 reasons why Democrats will lose midterm elections 2022

5- Jeff Yass

He was born in 1956, is an American options trader, and a co-founder and managing director of the Philadelphia-based Susquehanna International Group (SIG). In 2001, he joined the executive advisory council of the Cato Institute.

Total Contributions: $33 million for Republicans

6- Peter Thiel

He was born on 11 October 1967, is a German-American billionaire entrepreneur, venture capitalist, and political activist. A co-founder of PayPal, Palantir Technologies, and Founders Fund, he was the first outside investor in Facebook.

Total Contributions: $30 million for Republicans

7- Fred Eychaner

He was born in1945, is an American businessman and philanthropist. He was included in Chicago magazine's 2014 list of the 100 most powerful Chicagoans. In 2005, the Chicago Tribune estimated his wealth at $500 million.

Total Contributions: $22 million for Democrats

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