October 7, 2026
- Pennsylvania’s 22 billionaires control $164 billion of national wealth as of September 1st. That is up $30 billion (22%) just since November of 2024.
- Pennsylvania’s billionaire class has spent $100 million to influence the outcomes of federal 2026 midterm elections.
- Democratic committees and liberal outside spending groups received $5,000 from Pennsylvania’s billionaires, while Republican committees and conservative outside spending groups received $9.6 million from Pennsylvania billionaires.
- The top Pennsylvania billionaires federal election spenders are Jeff Yass ($92 million), Jared Isaacman ($4.6 million), and Thomas Tull ($1.7 million)
- As of August 28th, billionaires have contributed $3.1 million directly to Pennsylvania candidates running for federal office and $525,000 to state & local party committees. Outside spending groups—primarily Super PACs—have flooded Pennsylvania airwaves and mailboxes with nearly $708,000 of billionaire sourced political spending for federal candidates. With the general election just weeks away, expect this figure to grow dramatically.
- Dark Money groups, who don’t have to reveal their donor lists, have spent at least $1.2 million to influence the midterm elections in Pennsylvania.