PoliticsPhoto: News18 WorldBillionaires Fund US 2026 Midterms with Record $12 Billion Spending
The 2026 US midterm elections are set to break spending records with nearly $12 billion projected in campaign expenditures, a 30% increase from 2022. Elon Musk leads billionaire donations with about $500 million to Republican causes, including support for Ken Paxton in Texas. George Soros-backed groups have contributed $102 million to Democratic campaigns, highlighting the growing influence of wealthy donors.
News18 World·



