Money usually wins elections. Billionaires have already poured $433 million into the 2026 midterms—and 80% of it is going to Republicans

American billionaires have contributed over $433 million to the 2026 midterms, with 79% of the $344.3 million from the top 50 families supporting Republicans and conservative groups. Major recipients include MAGA Inc. ($89 million) and individual donors like Elon Musk ($71 million) and Jeff Yass ($55 million).