![]() Oracle is listed on the NYSE and has a market cap of over $200 billion. Larry Ellison is the chairman and cofounder of Oracle, one of the world’s largest software companies. At the time of reporting, this represented 98% of total funding. Mellon made headlines in 2021 when it was revealed that he made a whopping $53 million donation to the Texas border wall fund. In November 2020, CSX Corporation announced it had signed an agreement to purchase Pan Am. Timothy Mellon was the chairman and majority owner of Pan Am Systems, a privately held company with operations in transportation, manufacturing, and energy. The bulk of Schwarzman’s political contributions have gone towards the Senate Leadership Fund, an independent Super PAC which aims to build a Republican Senate majority. Shown below, Schwarzman’s wealth has increased substantially since 2020. Blackstone’s portfolio of companies includes, a well-known family history service, and Bumble, a popular online dating platform. Stephen Schwarzman is the chairman and CEO of The Blackstone Group, a globally recognized private equity firm. – Sam Bankman-Fried Stephen Schwarzman (Net worth: $35B) ![]() He has since backtracked this comment.Īt some point, when you’ve given your message to voters, there’s just not a whole lot more you can do. In May 2022, Bankman-Fried declared that he was willing to donate “north of $100 million” in the upcoming 2024 presidential election. The company is based in the Bahamas and offers trading in more than 300 cryptocurrencies. Sam Bankman-Fried is the founder and CEO of FTX, which is currently the world’s third largest cryptocurrency exchange behind Binance and Coinbase. Yass is frequently cited as the richest person in the state of Pennsylvania and has gained media attention for his large political contributions. SIG specializes in quantitative research and trading, which involves the use of computer algorithms to identify opportunities. Once a pro gambler, Jeffrey Yass is a cofounder of Susquehanna International Group (SIG), a successful trading firm based in Philadelphia. Griffin found himself in the spotlight during the GameStop short squeeze when his firm provided emergency funding to Melvin Capital Management. This enables the stock market to run smoothly. Using equities (stocks) as an example, when a market maker receives an order from a buyer, it sells shares from its own inventory. Market makers act as a middleman in financial markets by facilitating buy and sell orders for investors. He also owns Citadel Securities, which is the largest market maker on the New York Stock Exchange (NYSE). Kenneth Griffin is the founder and CEO of Citadel, a hedge fund based in the U.S. According to Forbes, the Uihleins have donated a total of $194 million since the 1990s. The couple have gained media attention for making substantial donations to the Republican party. The company makes several billion in sales per year. Elizabeth & Richard Uihlein (Combined net worth: $7B)Įlizabeth & Richard Uihlein are the founders of Uline, one of North America’s largest distributors of logistics supplies (boxes, tape, gloves, etc.). Unlike regular PACs, Super PACs face no limits in terms of fundraising or political spending. He is the founder and chairman of two Super PACs (political action committees) named Democracy PAC and Democracy PAC II. Soros has donated over $30 billion of his fortune to various causes and charities. Visit this page to see the top 100 holdings of Soros Fund Management’s portfolio. He has had an illustrious career as a hedge fund manager, founding Soros Fund Management in 1970. George Soros is a Hungarian-born American billionaire, widely known for his philanthropical efforts and for “breaking” the Bank of England. Net worth values were gathered from Forbes on November 1, 2022. Sorting this top 10 donor list by party, we can see that $168 million was raised for the Democrats, and $338 million for the Republicans.Ĭontinue reading below for some interesting background info on all 10 of these individuals. The following table lists the top 10 individual donors of the 2022 midterm elections. In typical Visual Capitalist style, we’ve illustrated this data to provide you with better insight. This is significantly higher than the previous record of $7 billion, which was set in 2018.Īccording to a recent analysis by the Washington Post, $1 billion of these funds can be attributed to the top 50 donors. This year’s midterm election is expected to set a new spending record, with over $9 billion being raised. Visualized: The Biggest Donors of the 2022 U.S.
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