How much democracy can you afford?
They Haven't Even Started Spending Yet: The terrifying math of money in politics.
The six largest political donors in 2024 were all billionaires who gave more than $100 million each to Republicans. (The largest individual donor to Democrats was Mike Bloomberg, who gave $65 million.) Elon Musk’s net worth today, thanks to recent valuation of SpaceX, stands at $845 billion. The $300 million he donated in 2024—which made him the single most influential donor in America—represents 0.035% of his net worth. That is the equivalent of a $77 donation from an American with the median net worth of $193,000.
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