Particle.news
Download on the App Store

Record 2024 Billionaire Giving, GOP Tilt Detailed in New Washington Post Analysis

The analysis finds the 100 wealthiest Americans gave $1.1 billion in 2024 with more than 80 percent directed to Republicans.

Overview

  • Since 2000, contributions from the top 100 donors to federal elections have climbed nearly 140-fold, a rise enabled in part by post–Citizens United rules.
  • Trump raised 15 times more from the wealthiest 100 Americans in 2024 than during his 2016 campaign, the Washington Post reports.
  • A row of tech executives — Mark Zuckerberg, Jeff Bezos, Sundar Pichai and Elon Musk — sat directly behind the president at the inauguration in a break from tradition noted by the Associated Press.
  • At least 17 billionaires with a combined net worth exceeding $1 trillion occupied seats in the Capitol Rotunda on Inauguration Day, according to the reporting.
  • Forbes data cited in the coverage shows Trump’s Cabinet holds a combined net worth of about $7.5 billion, making it the wealthiest in U.S. history.