David Trone Joins Other Failed Self-Funding Candidates

“Wealthy Americans have spent hundreds of millions from their fortunes in their quests to join Congress. It usually doesn’t pay off,” the Washington Post reports.

“The most recent example came Tuesday in Maryland, when billionaire and former congressman David Trone’s record-breaking $25 million comeback bid ended in defeat in the Democratic primary. Trone, who amassed his fortune by co-founding a national alcohol retailer, has been one of the most prolific self-funders of congressional campaigns. He spent $134 million across six races over the course of a decade, winning three terms in the House but spending $101 million on contests he lost.”