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You are here News Politics Soros caps off midterm spending with $50M super PAC contribution

Soros caps off midterm spending with $50M super PAC contribution

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George SorosBillionaire George Soros, the biggest disclosed Democratic donor in the 2022 election cycle, gave another $50 million to a super PAC in the fall, building on an already large investment in Democratic groups and candidates for the 2024 election cycle and beyond.

Democracy PAC, which has served as one of Soros’ major political spending vehicles since 2019, received another eight-figure infusion of cash from Soros earlier this month, according to a person directly familiar with the group’s new Federal Elections Commission filing, which will be publicly released on Thursday. It’s the latest sign that Soros will continue to play an enormous role in the Democratic campaign finance ecosystem, particularly ahead of the next presidential election.

All of Soros’ 2022 campaign spending — including direct contributions to candidates and committees, as well as donations to a pair of super PACs — totaled about $50 million, likely placing atop the list of the biggest Democratic donors during the midterms, according to OpenSecrets. Soros has long been one of the Democratic Party’s most generous donors, spending millions on everything from presidential and congressional races to state offices, ballot measures and even local prosecutor races.

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