James Murdoch Spent $100 Million on Politics In 2020

“James Murdoch, the son of billionaire media mogul Rupert Murdoch, quietly invested $100 million into his nonprofit foundation, which then used a chunk of the money to fund political groups during the 2020 election cycle,” CNBC reports.

“It was previously known that James and Kathryn Murdoch backed President Joe Biden’s 2020 campaign. But it was unknown until now just how much they were spending behind the scenes to impact the election. Combined with the millions they gave to campaigns and political action committees, the $100 million donation would make the couple one of the top donors in the last election cycle.”