Meet the Megadonors Who Have Poured $1.2 Billion Into the Midterms – The New York Times

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Megadonors GOP
Megadonors GOP

Meet the Megadonors Who Have Poured $1.2 Billion Into the Midterms

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By Theodore Schleifer and Matt Zdun, Produced by Leo Dominguez, Aug. 28, 2026

There are the big donors to American elections, and then there are the biggest donors — the ones that can turn around candidates’ fortunes and sometimes even write history.

These are the billionaires who tower over Senate and House races. The corporations digging deep to increase their profits. The dark-money groups that want to keep their sources of cash secret forever.

The 20 biggest donors so far in the midterm elections — some of whom are grouped together because of close familial or business relationships — have combined to shovel a staggering $1.2 billion into federal races this cycle, according to a New York Times analysis of the latest contribution data available.

The lineup shows the rising power of the tech industry and is dominated by Republican-leaning donors, reflecting how the party has steadily built an advantage in midterm money. That edge could keep the party competitive despite a political environment that favors Democrats.

Here’s a look at the top midterm donors:

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