Meet the top 10 ultra-wealthy Americans funding the 2020 presidential elections so far
Mark Wilson/Getty Images
- Approximately 100 of the United States' 705 billionaires have donated to candidates seeking the Democratic presidential nomination, an analysis of the Federal Election Commission database by Forbes found.
- The list of donors is remarkably similar to Business Insider's list of the largest political donors of 2018, suggesting that America's biggest donors are a static group of individuals.
- California Senator Kamala Harris seems to be billionaires' favorite liberal candidate, as 46 of them have donated to her campaign in 2019 thus far, according to Forbes.
- Visit Business Insider's homepage for more stories.
Billionaires aren't just running for president in 2019, they're funding others' campaigns, too.Approximately 100 billionaires have donated to candidates seeking the Democratic nomination alone, an analysis of the Federal Election Commission database by Forbes found. Research firm Wealth-X reported that there are 7o5 billionaires in the US in its 2019 Billionaire Census.Advertisement
California Senator Kamala Harris seems to be billionaires' favorite liberal candidate: 46 of them have donated to her campaign in 2019 thus far, according to Forbes. The donors did not just give directly to campaigns, however. In addition to campaign donations, called hard money, many donors gave even more in the form of soft money, or donations given to groups like super PACs, according to the Center for Responsive Politics.
This list of donors is remarkably similar to Business Insider's list of the largest political donors of 2018, suggesting that America's biggest donors are a static group of individuals.Business Insider ranked the 10 largest donors of the presidential primaries as of August 2019, using data from the Center for Responsive Politics. We also included a look at which presidential candidates the donors' money has gone to, or who they have publicly said they intend their donations to benefit. Federal candidates, parties, and groups are all recipients of these donations, and, unless specified, they are not official endorsements. The donors are listed by the value of their donations in ascending order.
Keep reading to learn more about the 10 most prolific donors of the 2020 election thus far.
10. Investor George Marcus and his wife Judith have given over $2.5 million to Democratic groups.
9. Florida-based philanthropists Henry and Marsha Laufer have donated nearly $3 million in 2019, including $250,000 to a PAC that supports Democratic candidates.Advertisement
8. California-based psychiatrist Karla Jurvetson has donated $12 million to Democrats.
7. Billionaire hedge-fund manager and vocal Trump supporter Paul Singer has donated over $3 million to Republican groups.Advertisement
6. Deborah Simon, heiress to the fortune of shopping mall developer Simon Property Group, has donated more than $3 million to Democrats.
5. Billionaire Home Depot founder Bernie Marcus and his wife Billi gave more money directly to candidates and campaigns than any other Americans.Advertisement
4. While George Soros stopped short of endorsing a presidential candidate, he did give thousands to the several state chapters of the Democratic party.
3. Billionaire presidential candidate Tom Steyer spent millions on TV and digital ads for his own campaign.Advertisement
2. Shipping supplies billionaires Richard & Elizabeth Uihlein gave nearly $7 million to Republican groups, including $1 million to a super PAC supporting President Trump.
1. Hedge fund manager Donald Sussman focused his 2019 donations on congressional democrats but gave $5,600 to Sen. Cory Booker.Advertisement
- Best kids umbrellas that make rain or sun more fun
- Air India Express plane crash leaves 16 dead including both pilots with investigative teams on their way
- Best budget microwave ovens in India
- Best coffee mugs for cosy conversations & more
- First Man, Bandish Bandits— and other shows that you can watch on Netflix, Zee5, Disney+ Hotstar, and Amazon Prime