A political action committee backing Republicans running for the House of Representatives in 2022 raised $8.4 million in the third quarter, about 15% of which came from billionaires and their spouses, according to an analysis of data filed with the Federal Election Commission on Friday.
The committee, called Take Back The House 2022, raised $8.4 million between July and September. Forbes identified 8 billionaires and 6 spouses of billionaires who contributed about $1.3 million. Among the donors: Cleveland Browns owner Jimmy Haslam, Blackstone cofounder Stephen Schwarzman and Omni Hotels owner Robert Rowling. The largest contribution among the group came from Rowling and his wife Terry, who donated $446,800.
The committee transfers funds it raises to House Republicans who received less than 56% of the vote in 2020, or who received an average of less than 56% of votes for the last two election cycles, a spokesperson for House minority leader Kevin McCarthy told Forbes in July.
Some of those funds have gone to support the campaigns of legislators who voted against certifying the presidential election in January. Typically, donors aren’t able to select where their money goes once it’s given to a joint-fundraising committee.
Other notable, non-billionaire donors to the committee include former Treasury secretary Steven Mnuchin ($50,000), Oculus founder Palmer Luckey ($100,000) and Joseph Craft ($73,400), who is the husband of Trump’s ambassador to the United Nations, Kelly Craft.
Here is the full list of tycoons:
Source of wealth: Hotels, investments
Contributions: $446,800
Source of wealth: Gas stations, retail
Contributions: $250,000
Source of wealth: Money management
Contributions: $228,258
Julianne Argyros, wife of George Argyros
Source of wealth: Real estate, investments
Contributions: $150,000
Source of wealth: Damaged cars
Contributions: $100,000
Source of wealth: Telecom
Contributions: $100,000
Source of wealth: Blackstone
Contributions: $41,500
Source of wealth: IT provider
Contributions: $25,000
Source of wealth: Food service
Contributions: $4,000
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October 16, 2021 at 06:30AM
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These Billionaires Just Contributed $1.3 Million To Help Republicans Take Control Of The House In 2022 - Forbes
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