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851 views · Published 9 October 2018 · 0:56 · Indexed 29 September 2026
Channel: TheEventRecorder · 2018 · News & Politics
Liberal billionaires pour hundreds of millions into midterms hoping for Blue Wave. Left-wing billionaire Tom Steyer is gearing up to spend at least $110 million this election cycle in a bid to push the Democratic Party leftward and unseat dozens of Republicans. Michael Bloomberg, the billionaire former mayor of New York City, is also becoming the leading donor of Democrats and their efforts to retake the control in Washington. Donald Sussman, a billionaire hedge fund manager, is among the top Democratic donors in the 2018 election cycle. Reid Hoffman, the co-founder of LinkedIn, is one of Silicon Valley’s top donors to the Democrats. While compared to other billionaires, Hoffman’s donations aren’t as big – a mere $7 million this election cycle – his influence spans beyond contributions to Democratic PACs.
