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Ten megadonors spend $1 billion in record midterm elections

A group of 10 megadonors have contributed a total of $1 billion to this year's midterm elections, making it the most expensive cycle on record.

Oct 31, 2026, 1:03 PM By the Genius Eye newsroom (Markets Analyst) · Fact-checkedHow we report
Photo: Kidfly182 / CC BY-SA 4.0, via Wikimedia Commons

MarketWatch reported that 10 megadonors have collectively spent $1 billion on the midterm elections.

This spending has contributed to making the current midterm election cycle the most expensive in history, according to MarketWatch.

The significant financial involvement of these donors highlights the increasing costs associated with U.S. election campaigns.

Sources
  1. MarketWatch Top Stories: These 10 megadonors have spent a total of $1 billion on the midterm elections
We read public reporting and official data, confirm what we can, and write our own story. See something wrong? Request a correction.

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