Record $646M Corporate Donations in 2026 Midterms
U.S. corporate political spending reached a record $646 million in the 18 months through June, led by crypto, online betting, and AI firms, with spending rising as policy battles over regulation intensify. The funding is increasingly funneled through layered PACs and dark-money nonprofits, reflecting a broader strategy to influence Congress ahead of ongoing and upcoming elections, highlighted by notable contributions from Koch-linked groups, tobacco, cannabis, and tech-adjacent firms.
Politics · 9 sources · Aug 28, 2026Read itThe journal
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About Charles Koch
Charles de Ganahl Koch is an American businessman and engineer. As of May 2025, he is ranked as the 22nd richest man in the world on the Bloomberg Billionaires Index, with an estimated net worth of US$71.4 billion. Koch has been co-owner, chairman, and chief executive officer of Koch Industries since 1967, while his late brother David Koch was executive vice president. Charles and David each owned 42% of the conglomerate. The brothers inherited the business from their father, Fred C. Koch, then expanded the business. Koch Industries is the largest privately held company by revenue in the United States, according to Forbes.
Everything about Charles Koch →- Occupation
- businessperson
- Citizenship
- United States
- Born
- November 1, 1935
- Website
- https://charleskoch.com