Top Jewish Political Donors Shaping the 2020 US Election Cycle

Explore the influential Jewish political donors who are making waves in the 2020 US election. Discover who's topping the list, where their contributions are going, and the impact of their giving on both Democratic and Republican campaigns.

Top Jewish Political Donors Shaping the 2020 US Election Cycle
Joe Biden spearheaded the Democratic Party to a resounding victory.

In the 2020 US election cycle, a group of influential Jewish political donors has been actively shaping the landscape. While George Soros often garners attention and criticism, he's not the biggest political donor this time around. Let's delve into the list of top Jewish donors who have played a significant role in this year's high-stakes elections.

1. Tom Steyer: Leading the pack, Tom Steyer, a hedge funder with a background of Democratic support, has donated over $54 million to Democrats. Surprisingly, he's also contributed $35,000 to Republicans. Steyer's influence extends beyond his own campaign, as he has been a major contributor to various Democratic candidates and causes.

2. Stephen and Christine Schwarzman: This couple has donated $28.4 million to Republicans and a nominal amount to Democrats. Stephen Schwarzman is the CEO of Blackstone, an investment management firm. His public association with the Trump administration, albeit brief, generated controversy.

3. Sheldon and Miriam Adelson: The Adelsons, known for their support of Republican candidates and pro-Israel causes, have given $28 million to Republicans. Their endorsement of Trump in 2016 paved the way for more Jewish donors to back the candidate. Sheldon Adelson's substantial contribution was a significant factor.

4. Donald Sussman: With a history of close ties to the Clintons, Sussman has donated $22.3 million, primarily to Democratic candidates. He's also involved with Israel's Weizmann Institute, reflecting his strong philanthropic commitments.

5. James and Marilyn Simons: James Simons, a brilliant Wall Street financier, and his wife, have contributed nearly $21 million to Democrats. They are prominent philanthropists through the Simons Foundation, which focuses on various charitable causes.

6. Michael Bloomberg: Former New York City mayor Michael Bloomberg, who initially ran for president, has given $19.3 million to Democrats. Bloomberg's political journey has been marked by his commitment to defeating Trump in the 2020 election.

7. Jeffrey and Janine Yass: Jeffrey Yass, a libertarian, has donated more than $13 million, mostly to Republican causes. His support extends to organizations like Save the Children and the Cato Institute.

8. Deborah Simon: Daughter of the late Mel Simon, Deborah has contributed $12.5 million to Democrats. She's a strong advocate for progressive and Jewish causes, aligning her beliefs with her philanthropic giving.

9. Henry and Marsha Laufer: The Laufers have given $11.8 million to Democrats. Henry's background in finance, along with Marsha's role as a former Democratic Party chair, underlines their commitment to Democratic candidates and the party.

10. Joshua and Anita Bekenstein: Joshua Bekenstein, a co-chairman of Bain, co-founded by Mitt Romney, has donated nearly $11 million to Democrats. They also operate a donor-advised fund through the Combined Jewish Philanthropies of Boston.

11. Bernard and Billi Wilma Marcus: Marcus, co-founder of Home Depot, and his foundation have donated $9.7 million, with the majority going to Republicans. His pro-Trump stance has led to controversies and even boycotts.

12. Paul Singer: Singer, a hedge funder who eased the Republican Party into accepting rights for LGBTQ people, has contributed $8.8 million to Republicans. His influence and contributions have had an impact on the party's direction.

13. Stephen and Susan Mandel: Stephen Mandel, a hedge fund manager, and his wife have donated $8.8 million to Democrats. Their philanthropic giving has focused on education issues, and they've supported candidates across the country.

14. George Soros: Soros, a Hungarian-born Holocaust survivor, has contributed $8.2 million to Democrats. His history as a hedge funder and philanthropist has been marked by both praise and controversy, with his focus on promoting democracy and progressive causes.

15. Steve and Connie Ballmer: Steve Ballmer, former Microsoft CEO and owner of the NBA's Los Angeles Clippers, has donated $7.5 million to Democratic groups. His philanthropic giving aligns with his advocacy for gun control and Democratic causes.

These influential Jewish donors have played a crucial role in financing campaigns and advocating for their chosen candidates in the 2020 US election cycle. Their contributions have not only made headlines but also shaped the political landscape, reflecting the diverse spectrum of Jewish philanthropy and political involvement in American politics. As the election season progresses, the rankings and dynamics are likely to evolve, emphasizing the ongoing impact of these donors on the electoral process.