World · Counterpunch · 1970-01-01
Billionaire MAGA Donors Repress Democracy in America
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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 it 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., organizational focus is listed as:
+ 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 give over $5 million. The following list of 61 MAGA individual donors are those who gave $1 million dollars or more. Collectively, they gave $368 million to Trump’s MAGA Inc. In July of 2026, MAGA Inc reported having raised over $400 million since 2022. Fifty-five of the million-dollar donors are billionaires. Six hold individual fortunes from $6 to $521 million dollars. Collectively, they have over $1.460 trillion dollars in net worth. MAGA million-dollar donors live all over the US with clusters in New York (7), the Los Angeles area (7), and Florida (12). Fifty-eight are ethnically White, two are Hispanic and one was born in India.
Knowing the identities of the rich donors supporting Donald Trump’s MAGA agenda is important for American Democracy. We all need to fully read and comprehend the names herein. In supporting Trump, these individuals are using their wealth to undermine democracy by restricting freedom of voting, residency, immigration, international relations, education and the use of wind/solar energy. They are undermining our constitutional rights of free speech, privacy, voting rights, civil rights, and the rule of law, in both domestic and international areas, and the role of the United Nations in the world. The MAGA donors are the foundation of a 21st century American oligarchy.
The following 61 people are the core of Trump’s MAGA Inc. funding. They are all very rich, with more than 90 percent being billionaires. They are using their money to support the repression of democracy in America and to accelerate wealth concentration. Wealth inequality is already the most unequal in US history and increasing rapidly. It is time to reverse this trend by using democratically determined laws to limit wealth through aggressive taxation and strict limits. Only then can we use a portion of their wealth to eliminate extreme poverty in the world and allow all people to live with dignity, health and adequate nutrition. The time is now to openly challenge these rich individuals who are selfishly controlling billions by voting against their candidates and promoting restrictions on their wealth. Power to the People.
MAGA Inc. Million Dollar Plus Donors Listed by largest donors first
Timothy Mellon, $150 million MAGA, Founder Guilford Transportation Industries, owner of railroads and Pan Am, sold for $600 million 2022, net worth $4 billion, Yale University, Scroll and Key Society, born 1942, Grandson of Andrew Mellon, Heir to Mellon Bank, Republican, resident Saratoga, Wyoming
Diane Hendricks, $27 million MAGA, Owner ABC Building Supplies (annual revenue $20 billion), net worth $22.3 billion, Hebrew University, born 1947, Republican, in 2020 donated $4 million to America First Action, a pro-Trump super PAC, resident Alton, Wisconsin
Miriam Adelson, $25 million MAGA, Owner Las Vegas Sands, and the Dallas Mavericks, donated $106 million to Trump’s 2024 election campaign, trustee USC, net worth $33 billion, Republican, born 1945 Palestine, physician, Hebrew University, Professor Rockefeller University, Trustee USC, resident Las Vegas, Nevada
Greg Brockman and wife Anna, $25 million MAGA, Co-founder and President Open AI, net worth $30 billion, Harvard, MIT, no degree, born 1967, Republican, resident San Francisco, CA
Jeff Yass, $16 million MAGA, Investor Susquehanna International Group (SIG) and Meridian Financial Group, Investor TikTok, net worth $91 billion, Libertarian, Board CATO Institute, born 1958, State University New York Binghamton, Republican, resident Haverford, Pennsylvania
Kelcy Warren, $12.5 million MAGA, Executive Chairman Energy Transfer Partner (revenue $82 billion in 2024), owns 71,000 miles of oil pipelines in the US, net worth $3 billion, born 1955, University of Texas, Arlington, Residence Dallas Texas, Republican, owner of Castletown Cox Estate in South Kilkenny, Ireland
Konstantin Sokolov, $11 million MAGA, Chairperson ILS Investments Chicago ($8 billion in assets), net worth $1 billion+, born in Russia 1975, St Petersburg State University, Russia, MA Math and Computer Science, Moved to US in 1997, naturalized US Citizen, MBA University Chicago, born 1975, donated $100 million to University of Chicago, 2025, Republican donor, resident Chicago, Illinois
Howard Lutnick, $9.1 million MAGA, CEO Candor Fitzgerald ($20.2 billion AUM) born 1961, Republican since 2016, Haverford College BA, net worth $1.5 billion, appointed co-chair of Trump’s Transition Team, helped raise multiple millions of dollars for Trump, Trump nominated him for US Secretary of Commerce, Senate approval 2025, Resident Washington D.C., New York, N.Y.
Mat Ishiba, $5.8 million MAGA, chairman of mortgage lender United Wholesale Mortgage, largest mortgage lender in US ($44.9 billion 2026), managing owner of the NBA Phoenix Suns, and WNBA Phoenix Mercury, born1980, Net worth $8.1 billion, Michigan State University BA, donated $32 million to Michigan State in 2021, Republican, resident Bloomfield Township, Michigan
Cameron Winklevoss, $5 million MAGA, cofounder of cryptocurrency exchange Gemini in 2014; (30 million a day in trades), net worth $2.7 billion, born 1961, Harvard University BA, Oxford MBA, Owns70,000 bitcoins, Republican donor, resident New York, NY
Tyler Winklevoss, $5 million MAGA, cofounded cryptocurrency exchange Gemini in 2014; ($30 million a day in trades), net worth $2.7 billion, Resident New York, born 1961, Harvard University BA, Oxford MBA, owns 70,000 bitcoins, Republican donor, resident New York, NY
Kelcy Warren, $5 million, Energy Transfer Partners (Revenue $81 billion), 2024, net worth $8.1 billion, University of Texas, donated $1.8 million to Trump’s 2020 campaign and $20 million to Trump between 2016-2024, resident Dallas, Texas
Stephen Schwarzman, $5 million MAGA, CEO Blackstone Inc., ($1.2 trillion AUM), net worth $39.8 billion, born 1947, Republican, Yale University, Member Skull and Bones, Harvard MBA, donated $40 million to Republicans in 2024 election, resident Wiltshire, England and New York, NY
Benjamin Landa, $5 million MAGA, Co-founder and CEO of Sentosa Care LLC, company owns over 100 senior nursing homes in the US, Adelphi University 1979, Trump nominated him to be the US ambassador to Hungary, appointment by Senate TBA 2026, net worth over $300 million, Republican donor, resident Lawrence, NY
Patricia Duggan, $5 million MAGA, Trump appointee to John F. Kennedy Center for Performing Arts Trustees, Artist and art collector, Supporter of Imagine Museum in St. Petersburg, Florida, net worth $1.5 billion, born 1947, UC Santa Barbara, donor to the church of Scientology, Resident Clearwater, Florida
Robert Lauder, $5 million MAGA, heir to Estee Lauder Companies, net worth: $4.9 billion, born 1944, Republican, Wharton School of Business, University of Pennsylvania, University of Brussels, University of Paris, NATO Official, ambassador to Austria under Reagan, Lauder suggested to Trump that the US buy Greenland, President of World Jewish Congress 2007, residence New York, NY
Stephen Schwarzman, $5 million MAGA, Chairman and CEO of the private equity firm Blackstone Inc, ($1.3 trillion AUM), born 1947, net worth $41.8 billion, Harvard Business School, 2019 donated over $200 million to Oxford, and $359 million to MIT in 2018, member of The Council on Foreign Relations, The Business Council, The Business Roundtable, and The International Business Council of the World Economic Forum. Resident of Newport, Rhode Island
Elon Musk, $5 million MAGA CEO and largest shareholder of Tesla and SpaceX, born 1971, Net Worth $900 billion+, University of Pennsylvania Wharton School economics, donates to both parties, registered Independent, largest individual donor to Trump in 2024, $277 million, now listed as the world’s first trillionaire, Libertarian, resident Starbase, Texas
Jan Koum, $5 million MAGA, co-founder and former CEO of WhatsApp, acquired by Facebook in 2014 for $19.3 billion, Owner Newlands Management Operations ($15 billion AUM), net worth: $17.2 billion, born 1976, San Jose State University, Republican, resident Atherton and Malibu, CA
Warren Stephens, $4 million MAGA, Trump-appointed ambassador to Great Britain, former chairman, president and chief executive officer of Stephens Inc. ($3 billion AUM), born 1957, net worth $3.4 billion, Washington & Lee University BA; Wake Forest University MBA, resident Little Rock, Arkansas
Isabela Herrera, $3.5 million MAGA, Leader Banvelca, International Investment Office, ($70 billion AUM), born 1999, net worth unlisted, cum laude graduate of NYU Stern School of Business, Donation to MAGA was done on behalf of her father, Julio Herrera Velutini, a Venezuelan billionaire who faced criminal bribery charges. Trump pardoned him in January 2026
Marc Andreessen, $3 million, MAGA, owns venture capital firm Andreessen Horowitz, includes Instagram, Oculus VR and GitHub. Co-founded Netscape, sold for $4.2 billion in 1998, born 1971, net worth: $1.9 billion, University of Illinois, computer science, resident Malibu, CA
Kelly Loeffler, $2.5 million MAGA, married to Jeffrey Sprecher, appointed US Senator from Georgia, lost re-election after one year, appointed by Trump to be the administrator of the Small Business Administration, net worth $1.2 billion, born 1970, University of Illinois BS, DePaul University MBA, resident Atlanta, Georgia
Jeffery Sprecher, $2.5 million MAGA, Married to Kelly Loeffler, founder, chairman, and CEO of Intercontinental Exchange ($9 Billion revenue), chairman of the New York Stock Exchange, net worth: $1.2 billion, born 1959, University of Wisconsin, Pepperdine University MBA, Member of Private club Executive Branch LLC. Resident of Atlanta, Georgia
Benjamin Leon Jr, $2,1 million MAGA, Founder Leon Medical Centers and Besilu Stables for racehorses, net worth $500 million, born 1944 in Cuba, migrated to Miami 1961, Naturalized US citizen, Republican donor, no college, Trump appointed him to be the US ambassador to Spain 2025, confirmed by US Senate, resident Miami, Florida, Madrid, Spain
John Hess, $2 million, MAGA, CEO Hess Corporation, sold to Chevron $53 billion 2024, net worth $1.9 billion, born 1954, Harvard, sits on Chevron’s board, member The Business Council; The Council on Foreign Relations; The Trilateral Commission, resident New York N.Y., and Greenwich, Connecticut
Melissa Argyros, $2 million MAGA, CEO Argyros Foundation, born 1969, net worth $460 million, Trump appointed ambassador to Latvia, Chapman University, board of Richard Nixon Foundation, board Boy Scouts of America, resident US Embassy Latvia, and Newport Beach, CA
Phil Rufin, $2 million MAGA, owner of Treasure Island Hotel and Casino and Circus-Circus Hotel & Casino in Las Vegas, Washburn University and Wichita State, born 1935, net worth $4.3 billion business partner with Donald Trump, gave $1.5 million to Trump’s 2020 campaign, 2008 at age 72, he married a 26-year-old super model Miss Ukraine Oleksandra Nikolayenko, Republican, resident Las Vegas, Nevada
Lynis Synder-Ellingson, $2 million MAGA, Owner In-N-Out Burger, born 1982, net worth: $8.7 billion, Bloomberg reported her as the youngest woman billionaire in 2012, resident Franklin, Tennessee
Jared Isaacman, $2 million MAGA, pilot, and commercial astronaut, Trump’s administrator of NASA since December 2025. CEO founder of United Bank card now Shift4 Payments (revenue $4.4 billion), Emory-Riddle Aeronautical University, net worth $1.4 billion, Commander Inspiration4, the first all-civilian spaceflight with SpaceX, resident Lehigh Valley, Pennsylvania
John Hess, $2 million MAGA, CEO Hess Corporation, sold to Chevron in 2014 for $53 billion, now serves on Chevron board, Republican, born 1954, net worth $1.7 billion, Harvard BA MBA, donated $1 million to Trump’s 2017 campaign, resident Malibu, CA
Stefan E. Brodie, $1.5 million, MAGA, founder Purolite, (Revenue $400 million 2021), sold to Ecolab for $3.7 billion, net worth $1.7 billion, found guilty of trying to trade with Cuba in violation of US embargo, seeks Trump pardon, born 1942, resident Fisher Island, Florida
Brian Tehrani, $1.4 million MAGA, co-founder Stake the world’s largest online casino ($4 .7 billion revenue 2025), co-founder of Kick, a livestreaming platform, born 1994, net worth: $2.8 billion, UCLA, lives in Los Angles, Australian-born naturalized US Citizen, resident Melbourne, Australia
William Ford, $1.25 million MAGA, Executive Chair Ford Motor Company, CEO Ford 1999 to 2006, Salary $10 million, net worth $1.4 billion, great-great grandson of Henry Ford, born 1957, Princeton BA, MIT MS, Republican, Resident Ojai, CA
Warren Stephens, $1 million, MAGA, Chair and CEO Stephens Inc, (revenue $2.3 billion), net worth $3.4 billion, born 1957, appointed by Trump US Ambassador to Great Britian 2025, Washington and Lee University, Wake Forest University MBA, Republican, donated $3 million to support Trump 2024 campaign, donated $4 million to Trump’s inauguration, resident, Little Rock, Arkansas and Winfield House, London
Sam Altman, $1 million MAGA, Founder CEO Open AI, born 1985, Stanford University, net worth $2.8 billion, believed that Open AI would soon surpass human intelligence, suggested that Open AI could make enough money to provide a universal basic income to all adults in the US for $13,500, Altman is gay and married to Oliver Mulherin, resident Russian Hill, San Francisco, CA and Kailua-Kona, Hawaii
Scott Bessent, $1 million MAGA, Partner Soros Fund Management LLC ($28 billion AUM), founder Key Square Group ($500 million AUM), born 1963, Yale BA, net worth $521 million+, Trump appointed US Secretary of Treasury, Senate Confirmed 2025, Gay married to John Freeman, donated $1 million to Trump’s 2017 and 2023 campaigns, 2024 hosted a $50 million fund raiser for Trump in Palm Beach, Florida, Resident Charleston, South Carolina
Jacob Helberg, $1 million MAGA, CEO of Palantir Technologies (Revenue $1.9 billion 2026) net worth $426 million, Appointed by Trump as Under Secretary of State for Economic Growth, Energy and the Environment, George Washington University BA, New York University, MA, Cybersecurity Ricks, born 1989, Donated $2 million to Trumps 2024 campaign, resident Washington D.C., Miami Beach, Florida
Antonio Garcia, $1 million, MAGA, Founder MG Capital and Valor Equity Partners ($2.3 trillion AUM), net worth $4.2 billion, born 1970, Georgetown University BS, MS, University of Chicago JD, Republican, Friends with Elon Musk, investor in Tesla, resident Miami, Florida
Jerry Jones, $1 million MAGA, Owner/Manager NFL Dallas Cowboys, President/Manager Modern Security Life Insurance Company (revenue $62 million 2024), born 1942, net worth $19.9 billion, University of Arkansas, Republican, resident Highland Park, Texas, and Santa Rosa Beach, Florida
Anjani Sinha, $1 million MAGA, American Orthopedic Surgeon, Ambassador to Singapore appointed by Trump, born 1949, Mahatma Gandhi Memorial Medical College, MBBS, Delhi University MS, net worth $40 million, resident Flushing N.Y., and Singapore
Jeffrey Skoll, $1 million MAGA, First President of eBay, Founder of Participate Media, producer of over 100 films, net worth: $5.5 billion, born 1965, University of Toronto BA and Stanford MBA, Founder Skoll Foundation and Skoll Global Threats Fund which has distributed some $1.2 billion in the last 20 years, resident Manalapan, Florida
Tim Draper, $1 million, MAGA, Venture capital investor, and founder of Draper Fisher Jurvetson (DFJ) ($1.2 billion AUM), born 1958, Stanford BA, Harvard MBA, resident Los Angeles, CA, New York, N.Y., and London
Harold Hamm, $1 million MAGA, owner of oil company Continental Resources (revenue $7.6 billion 2025), net worth $16 billion, born 1945, Phillips University, Oklahoma, donated $320,000 to Trump’s2020 campaign, resident Darien, Connecticut
Mathhew Moroun, $1 million MAGA, owner of Moroun family transportation company trucking ($1 billion revenue), owner of Ambassador Bridge ($70 million annually) connecting Detroit, Michigan, and Windsor, Ontario, net worth $1.5 billion, born 1972, Dickerson College, resident Detroit, Michigan
Thomas Tull, $1 million MAGA, co-chairman of TWG Global ($40 billion AUM), founder and CEO of Legendary Entertainment LLC, producing films for Warner Brothers, acquired by Wanda Group for $3.5 billion, 2016, net worth $5.3 billion, born 1970, Hamilton College NY, resident Pittsburgh, Pennsylvania
Igor Tulchinsky, $1 million MAGA, Founder and CEO of WorldQuant ($7 billion AUM), net worth $1.7 billion, born 1966, Belarus, naturalized US Citizen, University of Texas BA/MA, University of Pennsylvania, donated $123,000 to the Republican National Committee in 2024, resident of Palm Beach, Florida.
Woody Johnson, $1 million MAGA, Owner and Chair of NFL NY Jets, Owner of Crystal Palace F.C. London football team, born 1947, Trump’s Ambassador to Great Britain 2017-2021, Heir to Johnson & Johnson Pharmaceutical company, net worth $4.2 billion, University of Arizona, Republican, Resident Palm Beach, Florida
Charles Kushner, $1 million MAGA, Founder Kushner Company, (annual revenue $614 million), real estate holding $2.9 billion, born 1954, Trump’s current ambassador to France and Monaco, net worth $1.8 billion, His son Jared Kushner is married to Ivanka Trump, resident New York, N.Y., recently announced he is moving to Florida because of Zohran Mamdani being Mayor of NY
Alexander Karp, $1 million MAGA, CEO co-founder Palantir Technologies (Revenue $1.9 billion 2026), net worth $14.7 billion, Haverford College, Stanford JD, Goethe University, Ph.D. Social Theory, born 1967, Member Business Council, Steering Committee Bilderberg Group, resident Lyman, New Hampshire
Geoffrey Palmer, $1 million MAGA, Real Estate Developer, Founder GH Palmer Associates, Owner of over 10,000 apartments in LA worth $3 billion, annual revenue $8.9 million, net worth $4 billion, University Colorada, Pepperdine JD, born 1950, His company donated $5 million o Trump’s 2016 campaign, Hosted Trump in his home in 2019 raising over $5 million, Republican, resident Beverly Hills and Malibu CA
Dan Newlin, $1 million MAGA, Founder Dan Newlin Injury Attorneys, 2nd largest personal Injury law firm in the US, (Revenue $84 million 2026), Served as Orange County, Florida Deputy Sheriff 1998-2918, born 1980, net worth $75 million, Republican, Florida State University JD, Spent $3 million on advertisements for Trump’s 2024 campaign, resident Orlanda, Florida
Benard Marcus (deceased 2024), $1 million MAGA, Co-founder Home Depot, net worth $10.3 billion, born 1929, donated $7.9 million for Trump’s 2016 campaign, Rutgers University, donated over $10 million to support Trump in 2020, died in his home at Boca Raton, Florida
Marcia Fuller French, $1 million MAGA, President Furth Oil Co. President manager French Capital Management, President William M. Fuller Foundation, born 1941, net worth unlisted, Texas Christian University, resident Fort Worth, Texas
George M. Bishop, $1 million MAGA, Founder and CEO GeoSouthern Energy, net worth $4.7 billion, born 1937, Mississippi State University, gave $250,000 to Trump’s 2020 campaign, resident Woodland, Texas
Ryan Seam Adams, $1 million MAGA, Founder Mythos Capital, a crypto investment firm ($44 million AUM), founder Bankless Ventures ($35 million AUM), Brock University, age unlisted, net worth unlisted, resident Charlottesville, Virginia
Roger Penske, $1 million MAGA, Chair and CEO Penske Automotive Group (Revenue $31.8 billion 2025), former professional racecar driver, contributed $45,000 to Trump’s 2020 campaign, born 1937, net worth $7.7 billion, Lehigh University, resident Birmingham/Bloomfield Hills, Michigan and Nantucket, Massachusetts.
Thomas Klingenstin, $1 Million MAGA, Partner in Cohen Klingenstein L.L.C. ($3.4 billion AUM), born 1954, net worth $2.3 billion, Willans College, Chair of Clairmont Institute, (donated $22 million to Clairmont since 2004) donated $10 million to Trump and other Republicans in 2024, donor director of Society for American Civic Renewal promoting extreme Christin nationalism, resident Lewiston, Maine.
Emil Michael, $1 million MAGA, Senior VP Uber, Appointed by Trump as Under Secretary of Defense for Research and Engineering 2025, net worth $6 million, born 1972, Republican, Harvard, BA, (President Republican Club), Stanford JD, resident Miami, Florida.
James Liautaud, $1 million MAGA, Founder Jimmy John’s Sandwich Company, net worth $2.6 billion, born 1964, Eastern Illinois University, no degree, donated $212,000 to Trump’s 2020 campaign, donated over $3 million to Trump’s recent campaigns, resident Nashville, Tennessee, and Key Largo, Florida
Alan T. Fair, $1 million MAGA, former CEO Related Independence LLC, Director Pacific Assets Management LLC (annual Revenue $7.1 million, AUM $279 million) manages 12 million sq. feet of commercial property in Southern CA, born 1954, Michigan State University, Strum College of Law, JD, net worth unlisted, resident, Los Angeles, CA.
Peter Phillips is a Professor of Sociology at Sonoma State University and President of Media Freedom Foundation/Project Censored. He wrote his dissertation on the Bohemian Club in 1994.
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Source: Counterpunch