Billionaires bankroll US politics, but voters could demand a fairer system
- Written by João V. Ferreira, Lecturer in Economics, University of Southampton
Billionaires played an unprecedented role in the 2024 US elections, with 150 of the world’s wealthiest families contributing nearly US$2 billion (£1.57 billion) trying to influence the outcome. This included donations from the likes of Elon Musk (US$133 million for the Republicans) and Michael Bloomberg (US$45 million for the...