I ran the numbers for you boss. tl;dr 50% R, 25% D, 25% swing.
748 billionaires in the US and per gpt:
Determining the exact political affiliations of U.S. billionaires is challenging, as many do not publicly disclose their preferences. However, analyses of political contributions provide some insight into their leanings.
In the 2024 election cycle, 150 billionaire families contributed approximately $1.9 billion to federal campaigns. Of this amount, $1.36 billion (72%) supported Republican candidates, while $413 million (22%) backed Democrats. The remaining funds were directed toward other causes or independent candidates.
Notable examples include Elon Musk, who donated $133 million, with the majority supporting former President Donald Trump’s campaign. Conversely, some billionaires have supported Democratic candidates; for instance, during the 2020 election, a survey indicated that more billionaires leaned toward Joe Biden over Donald Trump.
It’s important to note that political contributions can vary significantly among billionaires, influenced by personal beliefs, business interests, and policy preferences. Additionally, some billionaires contribute to both parties, aiming to maintain influence regardless of which party holds power.
I ran the numbers for you boss. tl;dr 50% R, 25% D, 25% swing.
748 billionaires in the US and per gpt:
Determining the exact political affiliations of U.S. billionaires is challenging, as many do not publicly disclose their preferences. However, analyses of political contributions provide some insight into their leanings.
In the 2024 election cycle, 150 billionaire families contributed approximately $1.9 billion to federal campaigns. Of this amount, $1.36 billion (72%) supported Republican candidates, while $413 million (22%) backed Democrats. The remaining funds were directed toward other causes or independent candidates.
Notable examples include Elon Musk, who donated $133 million, with the majority supporting former President Donald Trump’s campaign. Conversely, some billionaires have supported Democratic candidates; for instance, during the 2020 election, a survey indicated that more billionaires leaned toward Joe Biden over Donald Trump.
It’s important to note that political contributions can vary significantly among billionaires, influenced by personal beliefs, business interests, and policy preferences. Additionally, some billionaires contribute to both parties, aiming to maintain influence regardless of which party holds power.