How Much Money Did George Soros Spend On The 2016 Election
Some of the nation's wealthiest donors are writing multimillion-dollar checks to support candidates during this midterm season in high stakes contests across the country.
While it'southward not unusual for uber-wealthy donors to gild the coffers of preferred candidates, the roster of rich donors ofttimes offers a glimpse of who is playing the part of kingmaker in elections and, sometimes, who might be interested in ensuring that their political interests are heard. By the end of 2014, simply five donors poured nearly $135 million into federal elections, according to an assay of Federal Election Committee information by the Center for Responsive Politics.
So far this election cycle, 17 megadonors take given more $100 million to candidates, party committees, super PACs, and exterior groups. And half-dozen people take spent nearly more $67 one thousand thousand so far this bike in the boxing to control Congress.
Here are the top six contributors thus far.
1. Richard Uihlein: $25.3 million
The single biggest donor this election bicycle, Richard "Dick" Uihlein, has quickly get a GOP power histrion in the past couple of years.
He and his wife Liz Uihlein, co-founders of Wisconsin-based shipping visitor Uline, together donated more than $25 million already so far this ballot cycle.
Uihlein's biggest focus so far this bicycle has been on supporting Republican Kevin Nicholson's bid to unseat Democratic incumbent Sen. Tammy Baldwin in the Wisconsin Senate race. He is involved in almost every single ane of the meridian spending super PACs supporting Nicholson.
Pretty early in the ballot cycle, Uihlein dropped seven-figure checks totaling $3.v million to a single-candidate super PAC operating exclusively in support of Nicholson called Solutions for Wisconsin. Two of the biggest spenders in the race, Americas PAC and Restoration PAC, are also nearly exclusively funded past Uihlein.
Outside groups funded by Uihlein together have spent more than $6.1 meg in the Wisconsin Senate race so far this year and pro-Baldwin groups have ramped up their spending to try and compete.
The face-off has resulted in a pricey competition that has attracted the largest amount of spending from outside groups. The Wisconsin race has already seen well-nigh $10 million in exterior money.
2. Tom Steyer: $16 million
California billionaire Tom Steyer, who topped private contributions two consecutive ballot cycles in a row, is leading the accuse from the Autonomous side over again.
So far this election cycle, Tom Steyer and his wife Kathryn Steyer together have donated nearly $sixteen million, and the number is expected to only get up. A leading phonation in the "impeach Trump at present" movement, Tom Steyer has pledged to pour an additional $30 million to flipping the lower chamber to a Democratic majority.
Steyer has been active in donating money directly to campaigns, but the vast majority of his big checks take gone to NextGen Climate Activity, a super PAC he set up to push frontward his political and environmentalist agendas. NextGen Climate Action has been active in organizing its own outcome campaigns likewise as altruistic to other liberal groups.
3. George Soros: $7.seven 1000000
George Soros, a business organization magnate, and a long-time Autonomous contributor recently started ramping up his political spending. He dropped a $3 million check in tardily March to a newly formed super PAC called Win Justice, which has not reported any activities as of nonetheless.
He is the sole contributor to the super PAC so far.
He has likewise given millions to groups tied to the Democratic Party, including $1 million to the Senate Majority PAC and $380,000 to the American Span 21st Century. National Democratic Political party committees as well received a total of $537,100 from Soros.
George Soros' son, Alexander George Soros, has been following his father's steps to as a big contributor for the Democrats. He recently dropped a $2 million check to the Senate Majority PAC, and as well has donated a total of $135,600 to the Democratic National Committee.
4. Donald Sussman: $8.ii million
Hedge-fund manager Donald Sussman, who donated more than than $20 one thousand thousand to a pro-Clinton super PAC during the 2016 election cycle, has been a long-fourth dimension fundraiser and generous distributor for the Democratic side.
So far this ballot wheel, the Florida man of affairs has funneled $6.i 1000000 to more than 150 Democratic campaigns, political party committees, and outside groups. He donated $3.2 million to Senate Majority PAC and Business firm Majority PAC, two super PACs with ties to the Autonomous leadership in both the upper and the lower chambers.
5. Bernard Marcus: $5.5 meg
Domicile Depot co-founder Bernard Marcus is the biggest financier for the Senate Leadership Fund, a super PAC with ties to Sen. Mitch McConnell, R-Ky. So far this election wheel, he has donated a full of $4 million to the pro-GOP Senate group.
He has been a big correspondent for other Republican groups equally well, altruistic $754,600 to the House counterpart Congressional Leadership Fund, $247,700 to Team Ryan and $204,500 to the Republican National Commission, National Republican Congressional Committee, and National Republican Senatorial Commission.
He also donated $300,000 to the John Bolton Super PAC and $250,000 to 35th, Inc., a super PAC that has been supporting Patrick Morrisey in a West Virginia House race.
Home Depot'due south political activity committee has also donated more than $1.seven one thousand thousand to party committees and candidates, the majority of that has also gone to Democrats.
vi. Fred Eychaner: $4.6 million
Media mogul Fred Eychaner has been exerting his political power mostly through donating to Democratic leadership groups.
He gave $2 million each to the Senate Majority PAC and the Firm Bulk PAC towards the end of last yr and has given a full of $474,600 to the Democratic Senatorial Campaign Committee and $237,300 to the Democratic Congressional Campaign Committee.
Some big political names are either far down the listing or aren't even on the listing, but that doesn't necessarily mean that they aren't invested in the upcoming midterms.
Robert Mercer, who has donated nearly $3.vii million and then far this cycle, has connected to heave his influence through his political group, Club for Growth, which has already reported spending more than $iii.1 million this election bike.
Besides, the Koch network and its super PAC, Freedom Partners Action Fund, has stockpiled more $13 meg for the upcoming elections, including $3 million from the Charles M. Koch Trust. Americans for Prosperity, another conservative grouping funded by the Koch brothers, accept also spent millions on ads though most of the expenditures take not been reported to the FEC as they don't fall under FEC reporting requirements.
Former White Business firm Deputy Main of Staff under George Westward. Bush, Karl Rove, known for his political operations through American Crossroads, has also been funneling more $15 million to the Congressional Leadership Fund in an attempt proceed the Republican bulk in the lower sleeping accommodation.
Another megadonors simply seem to be staying put.
Las Vegas casino mogul Sheldon Adelson, who has donated simply about $251,000 with his wife Miriam Adelson so far this ballot bicycle, had poured more than $91 million and $82 1000000 each during the 2012 and 2016 presidential election cycles, but just spent $6 million during the 2014 midterms.
Bloomberg L.P. CEO and former New York Metropolis Mayor Michael Bloomberg, who had donated $30 one thousand thousand during the 2014 midterms, has invested only about $508,000 and then far this bike.
Source: https://abcnews.go.com/Politics/meet-top-megadonors-spending-millions-election-cycle/story?id=54584640
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