“Just 56 Megadonors Funnel Nearly Half a Billion Dollars to Super PACs”

Public Citizen:

Fifty-six rich election donors have poured at least $2 million each into super PAC groups this election season, more than double the level in the 2014 midterms and a record for any midterm election, according to a report (PDF) by Public Citizen. Contributions to super PACs from these 56 individuals add up to nearly $481 million spent by the wealthiest Americans to influence our elections.

The biggest individual contributor is Republican casino billionaire Sheldon Adelson, who has provided more than $112 million to super PACs so far this year, followed far behind by Democratic donor Tom Steyer at about $50 million and Republican donor Richard Uihlein at nearly $37 million.

Additionally, the top five contributors have spent more than $251 million to influence the 2018 midterms, and since 2012, these billionaires have spent more than $700 million to influence elections.

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