Democratic billionaire Sam Bankman-Fried says he could spend $1 billion or more in the 2024 election, which would easily make him the biggest-ever political donor in a single election.
That kind of money would be"in a league of its own," said Alex Baumgart, a researcher with the campaign finance tracker OpenSecrets.and says he has already given away more than $200 million to various causes, cautions that his political plans are still in flux and that they will be contingent on what the landscape looks like.
It's impossible to know how much other wealthy donors have spent to influence politics via so-called dark money, which includes donations to groups like think tanks and nonprofit advocacy organizations. Beyond those well-known names, even mega-donors typically top out around $40 million to $60 million per election cycle, so $100 million would put Bankman-Fried among a tiny handful of the country's biggest donors.
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