We’re getting closer to election day, and some people are invested — and have invested — more than others.
Do you think that the rule is one man, one vote? Think again. Some voters are more equal than others because they are richer than others. Much richer.
In this election cycle, billionaires have flexed their muscles more than ever before. According to a new report by Americans for Tax Fairness, 150 billionaire families have spent a total of $1.9 billion (€1.75bn) in support of presidential and congressional candidates this cycle, 58% more than four years ago.
Roughly $570 million (€525m) have gone to Donald Trump’s campaign, $130 million (€119.7m) to Kamala Harris. Bill Gates and Michael Bloomberg each gave $50 million (€46m) to Harris.
Of course, no single individual has donated more money than Elon Musk, who has become an aggressive Trump surrogate, pouring at least $118 million (€108.7m) into a pro-Trump Super PAC.
Which of these billionaire will see a return on their investment, and which will have squandered a fortune? We will see next week.
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