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The Independent UK
The Independent UK
National
Eric Garcia

Billionaires have pumped nearly $900m into midterm elections, report says

Peter Thiel George Soros Americans for Tax Fairness
Getty Images

Billionaires in the United States have pumped nearly $900m into campaigns during the 2022 midterm cycle, a new report has found.

Americans for Tax Fairness released a report on Thursday that found that as of 30 September, a coterie of 465 billionaires in the United States had pumped $881m into federal elections. The number increased from 2018, when billionaires spent $611m.

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