How Billionaires Control US Elections | Business Insider Explains | Business Insider

Millions have already been raised for the 2024 presidential race between Kamala Harris and Donald Trump. But where does that money come from? Here's how the ultra-rich can sway an election. 00:00 - Introduction 00:18 - US Elections Drive Billions Of Dollars 00:47 - Candidates Who Raise More Money Seem More Likely To Win 01:19 - How Campaign Money Is Spent, From Advertising To Hosting Rallies 01:45 - What Influenced Joe Biden To Drop Out of the Race 02:24 - Democrats Vs. Republican Fundraising Efforts In The 2024 Election 03:19 - How Money Is Donated, From Individual Contributions To PACs And Super PACs 04:11 - Trump’s Felony Conviction Drove A Surge In Donations 04:56 - Billionaires’ Influence, From George Soros And Abigail Disney To Elon Musk 06:13 - How Money Influences Policies 06:35 - Americans Want Money Out Of Politics 06:50 - Credits ------------------------------------------------------ #election #politics #businessinsider What you want to know about news. A section of Business Insider. Visit our homepage for the top stories of the day: https://www.businessinsider.com Insider News on Facebook: https://www.facebook.com/InsiderNews Insider News on Instagram: https://www.instagram.com/insider Insider News on Twitter: https://twitter.com/insidernews Insider News on Snapchat: https://www.snapchat.com/discover/News_Insider/5185974304 Insider News on TikTok: https://www.tiktok.com/@insidernews How Billionaires Control US Elections | Business Insider Explains | Business Insider