Soros Family Has Spent $102.8 Million on 2026 Midterms. Here Is Where the Money Went.

The Numbers

George Soros and his son Alex Soros have contributed $102.8 million to the 2026 midterm cycle, according to Federal Election Commission filings reviewed by the New York Post and reported by Forbes.

Only $793,800 of that total was donated directly in George Soros's name. The remaining $102 million flowed through the Democracy Political Action Committee, the super PAC Soros launched in 2020 as the family's primary political vehicle.

Of the Democracy PAC total, roughly $52 million came from George Soros through his private corporation Geosor. The other $50 million originated from the Fund for Policy Reform, a nonprofit that lists Alex Soros as director in its tax filings, according to the New York Post.

Alex Soros personally contributed an additional $140,525 beyond those transfers.

Who Got the Money

Forbes reported in April 2026 that Democracy PAC directed $9 million to the Senate Majority PAC, which backs Democratic Senate candidates.

Both George and Alex Soros sent maximum contributions totaling $14,000 to Maine Senate candidate Graham Platner, according to the New York Post. Parker Thayer, an investigative researcher at the Capital Research Center, told the Post that Alex Soros "wants to be more political than his dad" and that this is the first midterm cycle under his direct control. Alex Soros is 40 years old.

The New York Post also noted that Alex Soros maxed out at $7,000 to Rep. Ilhan Omar of Minnesota.

These figures, all sources note, exclude the Open Society Foundation and the Open Society Action Fund, which operate separately and whose 2025 tax filings are not yet publicly available.

How It Compares to the Other Side

Republican megadonor Miriam Adelson contributed $40 million to GOP super PACs in the first quarter of 2026 alone. She sent $30 million to the Senate Leadership Fund and $10 million to the Congressional Leadership Fund, which backs Republican House candidates.

Venture capital firm Andreessen Horowitz contributed $25 million to Leading the Future, a pro-AI super PAC, with $12.5 million each from co-founders Marc Andreessen and Benjamin Horowitz.

A pro-sports-betting super PAC called Win for America raised over $40 million in Q1 2026 alone, with FanDuel contributing $19.5 million and DraftKings' holding company contributing $17.5 million.

Billionaires are flooding both parties. The Soros network's scale is notable, but it is not operating in a vacuum.

The Transparency Argument

The strongest concern raised by critics is legitimate: using super PACs and nonprofit intermediaries makes it harder for voters to quickly trace which candidates benefit from which donors. When $102 million moves through Democracy PAC rather than directly to candidates, the public disclosure chain is longer and less intuitive. Capital Research Center's Thayer raised exactly this issue with the New York Post, noting the structure "obfuscates" which candidates receive the backing.

The concern describes the legal architecture of campaign finance that both parties use. The FEC filings are public. The money is traceable. Forbes's reporting makes clear that the same structural complaints apply to Adelson's $40 million flowing through Congressional Leadership Fund and Senate Leadership Fund.

Douglas Kellogg of Americans for Tax Reform told newsfire.gr that Soros is "a wannabe Bond villain responsible for the radical takeover of the Democratic Party." That is an opinion, not a fact, and it reflects the framing common to right-leaning coverage of this story. ZeroHedge's characterization of the spending as funding "unhinged Democrats" and "radical candidates" is opinion language layered on top of what are, at base, disclosed FEC transactions.

At $102.8 Million

At $102.8 million with more than four months remaining before November, George Soros appears on track to approach or surpass his own previous midterm record of $128 million, which made him the single largest individual donor in that cycle, according to newsfire.gr.

Alex Soros now controls the Democracy PAC operation. His personal political ambitions, according to Thayer's assessment to the New York Post, appear larger than his father's. The 2026 cycle is the first full midterm under his direction.

No regulatory action has been announced regarding any of this spending. No charges have been filed. The contributions are legal under current campaign finance law.

Congress may revisit super PAC disclosure requirements heading into November, a debate that has stalled repeatedly because both parties benefit from the current structure. Until that changes, the Soros network's spending is a symptom of a legal framework that neither party has shown serious interest in dismantling.