Chairman and CEO of the Las Vegas Sands Corporation Sheldon Adelson speaks at the National Israeli-American Conference in Washington October 19, 2015. REUTERS/Gary Cameron .

Sheldon and Miriam Adelson gave more money to political candidates than any other Americans in 2018. They donated over $123 million to Republicans, according to The Center for Responsive Politics.
Political figures Micheal Bloomberg and Tom Steyer are also top donors to Democrats, according to The Center for Responsive Politics.
Surprisingly, Charles Koch did not make the list. To be included, his donations would have needed to top $6.5 million.
Collectively, the 25 billionaires and billionaire couples on the list totaled a whopping $573,892,284 in political donations in 2018, data from The Center for Responsive Politics shows.
Visit Business Insider’s homepage for more stories.

A small group of ultra-wealthy Americans pumps a lot of money into politics.

We took a look at the top 25 donors who funded American politics in 2018 and found that the list consists of, among others, an assortment of financiers, heirs, and entrepreneurs.

The contributions of some of the largest donors — such as Sheldon and Miriam Adelson, George Soros and Tom Steyer — are well known, while other donors, like Jeff Bezos, are better known for their careers.

Interestingly, one well-known political donors — Charles Koch — did not make the list. Koch and his now-deceased brother David donated $1,816,650 to Republicans through their company Koch industries in 2018, according to The Center for Responsive Politics. To make this list, their donations would have needed to top $6.5 million.

Business Insider previously reported that public affairs rank as the eighth-most popular cause that billionaires donate to. Only 12.4% of billionaires reported making donations to politics in 2018, according to Wealth-X’s 2019 Billionaire Census.

Collectively, the 25 billionaires and billionaire couples on the list totaled a whopping $573,892,284 in political donations in 2018, data from The Center for Responsive Politics …read more

Source:: Business Insider

      

(Visited 1 times, 1 visits today)

Leave a Reply

Your email address will not be published. Required fields are marked *