9. Peter Thiel
Republican
Total donations: $32.6M
Elon Musk may have recently encouraged his 120 million followers on Twitter to back Republican candidates, but he failed to put his money where his mouth is. The same cannot be said about Peter Thiel, the man who merged with Elon Musk’s online financial services company X.com, and with Pixo, to make the online payments system PayPal the Fortune 500 it is today. The German-American billionaire entrepreneur, venture capitalist, and political activist have emerged as a major GOP booster.
Thiel joined the list of top donors for the first time by using some of his considerable wealth (4.2 billion) to back two GOP Senate hopefuls, Arizona’s Blake Masters and Ohio’s J.D. Vance. The $15 million he gave to a super PAC supporting Vance helped him emerge victorious against Democratic nominee Tim Ryan, the same can’t be said for his other pick. Masters, who served as a former executive at Thiel’s firm, also got $15 million but failed to win his race against incumbent Democrat Mark Kelly.
1 thought on “10 Biggest Donors in the Midterm Elections”
Do I see a trend here? Make it look like the republicans have more money? If that’s true, how do the democRATs out spend the republicans 5 to 1?