An investigation by Forbes magazine has revealed the billionaires spending money to help Republicans win control of Congress in the 2022 midterms.
"A political action committee backing Republicans running for the House of Representatives in 2022 raised $8.4 million in the third quarter, about 15% of which came from billionaires and their spouses, according to an analysis of data filed with the Federal Election Commission on Friday," Forbes reported.
For 35 years, the magazine has been tracking the world's billionaires by estimated net worth.
"The committee, called Take Back The House 2022, raised $8.4 million between July and September. Forbes identified 8 billionaires and 6 spouses of billionaires who contributed about $1.3 million. Among the donors: Cleveland Browns owner Jimmy Haslam, Blackstone cofounder Stephen Schwarzman and Omni Hotels owner Robert Rowling. The largest contribution among the group came from Rowling and his wife Terry, who donated $446,800," the magazine reported.
Ken and Sherrilyn Fisher also contributed, as did Julianne Argyros, A. Jayson Adair, Kenny and Lisa Troutt, David Steward, and Jeremy and Margaret Jacobs.
Former Treasury secretary Steven Mnuchin also donated $50,000.
Read the full report.