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Fortune
Fortune
Mia Osmonbekov

Billionaire George Soros has donated $102 million ahead of the midterms—and now the Democrats are coming out ahead

(Credit: Fabrice COFFRINI–AFP/Getty Images)

The man who broke the Bank of England has a history of backing Democrats, to the point where right-wingers cast George Soros in conspiracy theories as a puppet mastermind controlling the party. He’s now pouring millions into getting Democrats elected ahead of the midterms.

Soros-linked organizations donated $102 million to Democracy PAC, which was founded by Soros in 2019, according to Federal Election Commission records. About half that sum came from Geosor Corp, a private investment company owned by Soros. The other half came from the Fund for Policy Reform, a nonprofit that’s part of Soros’ Open Society Foundations, which supports progressive organizations and whose board is chaired by his son, Alex Soros.

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