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Billionaire George Soros has donated $102 million ahead of the midterms—and now the Democrats are coming out ahead

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02.10.2026

Billionaire George Soros has donated $102 million ahead of the midterms—and now the Democrats are coming out ahead

The man who broke the Bank of England has a history of backing Democrats, to the point where right-wingers cast George Soros in conspiracy theories as a puppet mastermind controlling the party. He’s now pouring millions into getting Democrats elected ahead of the midterms.

Soros-linked organizations donated $102 million to Democracy PAC, which was founded by Soros in 2019, according to Federal Election Commission records. About half that sum came from Geosor Corp, a private investment company owned by Soros. The other half came from the Fund for Policy Reform, a nonprofit that’s part of Soros’ Open Society Foundations, which supports progressive organizations and whose board is chaired by his son, Alex Soros. 

Democracy PAC has spent nearly $42 million as of the end of June, FEC records show, funding groups involved in Senate, House and state races. This structure lets Soros money flow into organizations that can concentrate spending on competitive races as........

© Fortune