Trump's midterm election donors revealed: From Crypto.com to OpenAI, crypto and AI giants generously contribute.

Former President Donald Trump has raised a massive $429 million for the midterm elections, significantly outpacing Democratic fundraising. A substantial portion of this war chest, with $304 million currently in his Super PAC, comes from major donors in the tech, crypto, and traditional industry sectors.

Major AI & Tech Donations: OpenAI co-founder Greg Brockman and his wife contributed $25 million, while Elon Musk donated $5 million. SIG co-founder Jeff Yass gave $16 million.
Significant Crypto Industry Support: Crypto.com was a top donor with $30 million. Blockchain.com gave $5 million, and A16Z founders Ben Horowitz and Marc Andreessen each donated $3 million.
Backing from Energy, Healthcare & Finance: Notable contributions include $12.5 million from energy entrepreneur Kelcy Warren, $10 million from medical company Extremity Care, and $11 million from private equity investor Konstantin Sokolov. Other donors include NYSE parent company CEO Jeffrey Sprecher ($2.5M) and NFL Dallas Cowboys owner Jerry Jones ($1M).

This extensive financial support from corporate and billionaire donors provides Trump with a considerable financial advantage in the election cycle.

Is Trump's chances in the midterm elections slim? ????

—I don't know, but he definitely has more money than his opponents! He raised a total of $429 million, and currently $304 million is sitting on his Super PAC, tens of millions more than the Democratic camp!

The AI and crypto industries also accounted for a significant portion of this round of donations:

Elon Musk: $5 million
OpenAI co-founder Greg Brockman and his wife Anna: $25 million
SIG co-founder Jeff Yass: $16 million

Crypto.com: $30 million
Blockchain.com: $5 million
A16Z founder Ben Horowitz: $3 million
A16Z founder Marc Andreessen: $3 million

Funds from the energy, healthcare, and finance sectors are also heavily betting on this:

Extremity Care (a medical company) and its affiliates: $10 million
RAI Services (a tobacco company): $3 million

Energy entrepreneur Kelcy Warren: $12.5 million; private equity investor Konstantin Sokolov: $11 million; banker Julio Herrera Velutini and his daughter: $3.5 million.
Jeffrey Sprecher, CEO of NYSE parent company ICE: $2.5 million; Lynsi Snyder-Ellingson, heiress to a food business: $2 million; William E. Ford, venture capitalist: $1.25 million.
NFL Dallas Cowboys owner Jerry Jones: $1 million
Chevron Board Member John Hess: $1 million
John Hess's wife, Susan Hess: $1 million; investor Warren Stephens: $1 million; entrepreneur Jared Isaacman: $1 million.

Trump's midterm election donors revealed: From Crypto.com to OpenAI, crypto and AI giants generously contribute.

Popular Articles

Curated Series