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Billionaire MAGA Donors Repress Democracy in America

The political slogan “Make America Great Again” was originally used by Ronald Reagan in his presidential campaigns of the 1980s. Bill Clinton used it in his first presidential bid in 1992. The slogan has now been fully appropriated by Presi

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Editorial Team
August 24, 2026
3 min read
The political slogan “Make America Great Again” was originally used by Ronald Reagan in his presidential campaigns of the 1980s. Bill Clinton used it in his first presidential bid in 1992. The slogan has now been fully appropriated by President Donald Trump and is the legal name of his Political Action Committee (PAC). Make America Great Again (MAGA Inc.) was founded in 2022 to support Trump. It is a super PAC that can raise unlimited funds from private donors and spend it freely to support him and his agendas. MAGA Inc. lists its core policy positions as: - Border Security: Enforcing strict immigration controls, completing the southern border wall, and carrying out mass deportation initiatives. - Economic Agenda: Cutting government regulations, promoting domestic energy production, lowering inflation, and utilizing tariffs to protect American manufacturing. - Foreign Policy: Pursuing an “America First” approach that questions foreign entanglements and prioritizes domestic interests. - Government Reform: Opposing what the movement terms the “weaponization” of federal agencies and pushing to downsize the federal bureaucracy. MAGA Inc.’s organizational focus includes: - Electoral Support: Deploying its massive financial war chest to back Trump-aligned candidates in primary and general elections. - Messaging: Directly contrasting conservative economic and security policies against opposing Democratic platforms. Ninety-two percent of MAGA’s funds were raised through donors who gave one million or more. Sixty-two percent was raised from donors who gave over $5 million. The following 61 MAGA individual donors gave $1 million or more, collectively contributing $368 million to Trump’s MAGA Inc. In July 2026, MAGA Inc. reported having raised over $400 million since 2022. Fifty-five of the million-dollar donors are billionaires, with six holding individual fortunes ranging from $6 million to $521 million. Collectively, these donors have over $1.460 trillion in net worth. The donors live across the US, with clusters in New York (7), Los Angeles (7), and Florida (12). Fifty-eight are ethnically White, two are Hispanic, and one was born in India. These wealthy individuals are accused of undermining democracy by restricting voting rights, residency, immigration, and international relations, as well as challenging constitutional rights like free speech, privacy, voting rights, civil rights, and the rule of law. The article highlights that MAGA Inc.’s core donors are using their wealth to accelerate wealth concentration and promote restrictions on wealth through aggressive taxation limits. It calls for democratically determined laws to address wealth inequality, emphasizing the need to use a portion of their wealth to eliminate extreme poverty globally and ensure dignity, health, and adequate nutrition for all. The following 61 individuals are listed as MAGA Inc. million-dollar donors, with their contributions and net worths detailed: - Timothy Mellon ($150 million) - Diane Hendricks ($27 million) - Miriam Adelson ($25 million) - Greg Brockman and Anna ($25 million) - Jeff Yass ($16 million) - Kelcy Warren ($12.5 million) - Konstantin Sokolov ($11 million) - Howard Lutnick ($9.1 million) - Mat Ishiba ($5.8 million) - Cameron Winklevoss ($5 million) - Tyler Winklevoss ($5 million) - Stephen Schwarzman ($5 million) - Benjamin Landa ($5 million) - Patricia Duggan ($5 million) - Robert Lauder ($5 million) - Elon Musk ($5 million) - Jan Koum ($5 million) - Warren Stephens ($4 million) - Isabela Herrera ($3.5 million) - Marc Andreessen ($3 million) - Kelly Loeffler ($2.5 million) - Jeffrey Sprecher ($2.5 million) - Benjamin Leon Jr. ($2.1 million) - John Hess ($2 million) - Melissa Argyros ($2 million) - Phil Rufin ($2 million) - Lynis Synder-Ellingson ($2 million) - Jared Isaacman ($2 million) - Stefan E. Brodie ($1.5 million) - Brian Tehrani ($1.4 million) - William Ford ($1.25 million) - Sam Altman ($1 million) - Warren Stephens ($1 million) The article underscores the role of these billionaires in supporting Trump’s MAGA agenda, which is accused of repressing democracy in America through financial influence and policy shifts.

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