The billionaire George Soros has donated $60 million to Democracy PAC, a super political action committee he uses to support Democrats, the second-biggest campaign donation in the 2024 election cycle.
A nonprofit founded and funded by Soros gave cash to boost the campaigns of congressional Democrats, pro-choice campaigners and black candidates in down-ballot races, a filing with the Federal Election Commission shows.
Democracy PAC spread $21 million to a dozen super PACs in the first quarter, including $4 million donations to both the House Majority PAC and the Senate Majority PAC.
It gave $2.5 million to Planned Parenthood Votes, and the same sum to Black PAC, which boosts candidates in state-level races for governors, attorneys general and lawmakers.
Soros’ group is among the political organizations, including super PACs and joint fundraising committees that support President Joe Biden and his Republican rival Donald Trump, that have to disclose their first-quarter finances this week.
Other donations by Democracy PAC’s include $500,000 for Americans for Contraception Victory Fund and $1.8 million for American Bridge, which has pledged to spend $140 million to help reelect Biden.
The $60 million donation from Soros’ group, called the Fund for Policy Reform, is the second largest so far in the 2024 election cycle.
A state-level PAC that backed Florida Governor Ron DeSantis’ 2022 reelection donated $82.5 million to Never Back Down, which backed his unsuccessful Republican presidential bid.
It’s also not the single biggest check Soros has written to a political committee ever.
He gave Democracy PAC $125 million in January 2022.
Democracy PAC started the second quarter with $39 million in the bank.
Soros’ fortune is worth about $7.2 billion, according to the Bloomberg Billionaires Index.
The 93-year-old Hungarian-born businessman’s massive donations to left-wing causes and efforts to change public opinion alarm many conservatives.
