Billionaire GOP Donors Overwhelm Democrats in Reversal of 2018
Griffin, Schwarzman and Ellison among donors giving Republican candidates a stark fundraising advantage in the midterm elections.
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Citadel’s Ken Griffin, Blackstone Inc. Chief Executive Officer Steve Schwarzman and Oracle Corp. founder Larry Ellison are among the billionaire Republican donors who have rapidly scaled up their political contributions this midterm election cycle, boosting the odds of a divided Washington for the next two years.
The three men, worth a collective $150 billion, are among the 12 top political donors ahead of the elections, according to the most recent data from OpenSecrets. Of that dozen, 10 are backing Republicans in a big way: They've spent a cumulative $338 million, up 250% from the 2018 cycle.