Artificial intelligence executives, cryptocurrency moguls and other donors who have little or no history of federal political contributions are pumping millions of dollars into President Donald Trump’s flagship super PAC, a NOTUS analysis of new campaign finance disclosures indicates.
While Trump is constitutionally ineligible to serve a third presidential term, the newbie megadonors’ money could serve the dual purpose of boosting Republicans during the 2026 midterms and endearing the donors to Trump himself.
Ben Landa, who built one of the largest nursing home operations in New York, cut a $5 million check to the MAGA Inc. super PAC in August. Trump nominated Landa last month to be ambassador to Hungary.
Private equity investor Konstantin Sokolov went from making a few four-figure contributions in years past to cutting checks worth a combined $11 million to MAGA Inc. in 2025. Sokolov also donated an undisclosed amount toward the president’s White House ballroom project.
And Foris Dax, the company better known as Crypto.com, has given $30 million to MAGA Inc. since Trump took office.
Crypto.com, which has not donated to federal candidates or committees in previous election cycles, scored a massive win this week when Michael Selig, chairman of the Commodity Futures Trading Commission, announced the federal government’s intention to regulate prediction markets and shut out individual state governments, which could promulgate more draconian rules.
Crypto.com also spent nearly $2 million lobbying federal policymakers including the Commodity Futures Trading Commission in 2025. Prediction market giants Kalshi and Polymarket have also enlisted Donald Trump Jr. as a strategic adviser since his father took office, as the gambling industry pushed back against the prediction market’s incursion into sports betting.
While OpenAI CEO Sam Altman has been the public face of the company in Washington, another OpenAI executive — company President Greg Brockman — has exploded onto the political megadonor scene since Trump took office.
Brockman and his wife, Anna, gave a total of $50 million last fall: $25 million to MAGA Inc. and $25 million to Leading the Future, a new super PAC funded by artificial intelligence industry players.
Neither Brockman has ever before made such a massive federal donation. Before September, Greg Brockman’s largest federal contribution was in September 2016, when he gave $2,700 to Hillary Clinton’s presidential campaign, according to FEC records.
The Information reported last month that Brockman’s political giving caught some close to him by surprise, given his modest involvement in politics until now. He has previously advocated for minimal government regulation, a key tenet of the Trump administration.
An OpenAI spokesperson pointed NOTUS to a tweet Brockman posted on New Year’s Eve addressing his and his wife’s decision to start “getting involved politically, including through political contributions.”
“These views are grounded in a belief that the United States must work closely with builders, researchers, and entrepreneurs to ensure AI is developed responsibly at home and that we remain globally competitive,” Brockman wrote in his post.
Venture capitalist Asha Jadeja made her first seven-figure federal political contribution this fall when she gave $5 million to MAGA Inc. This comes on top of a $100,000 contribution she made to MAGA Inc. less than a week before Trump’s inauguration in January 2025.
In an email to NOTUS, Jadeja said she “probably will contribute a little bit, but to general funds … not specific candidates.”
After 30 years as a Democrat, Jadeja said she was “really spooked” by the Biden administration’s immigration policies and refusal to discuss the former president’s health.
“I’m also spooked out by the Democrats insistence that we don’t need voter ID in order to vote in US elections,” Jadeja added.
Jadeja insisted donating to MAGA Inc. does not unlock special privileges “except sincere thank you” and that she likes the super PAC’s polling data.
“Of course there are no guarantees. But I’m keeping my fingers crossed that the Republicans win,” Jadeja wrote. “I am truly grateful that they have shut down the border mostly, and the president is attracting lots and lots of foreign investment into our country.”
Jadeja, who previously contributed $33,400 to Clinton’s joint fundraising committee in 2016, is vocal on social media about California’s proposed wealth tax, voter fraud allegations and U.S.-India partnerships. She’s also posted pictures with Republican leaders, including Vice President JD Vance, Speaker Mike Johnson and Commerce Secretary Howard Lutnick.
“As the Trump team takes the world by storm and disrupts the old structures of power, it is a wild ride to be part of this movement. For me, this movement is about fundamental redesign of a capitalist, world order, free societies, and individual freedom. Hope we can pull it off,” Jadeja wrote in the caption of an Instagram post from August that features her posing with Johnson.
The new megadonors’ financial largesse has helped establish MAGA Inc. as an unprecedented and unrivaled money machine. Super PACs, by law, may raise and spend unlimited amounts of money, including from corporate and union sources, to advocate for and against political candidates.
In 2025, MAGA Inc. raked in more than $289 million, per federal records. It entered 2026 with more than $304 million in cash on hand.
The vast majority of MAGA Inc.’s fundraising — 96% — came from donations of $1 million or more, according to a recent analysis by the Brennan Center for Justice at the New York University School of Law.
For comparison: The second largest recipient of large individual contributions, the Congressional Leadership Fund — the super PAC aligned with House Republican leadership — raised around $71.3 million through the same period.
During the 2024 election cycle, the seven top megadonors to federal political committees supported Republicans, according to an OpenSecrets analysis. The seven top individual donors were giving to Republican candidates and political committees.
The trend persisted in 2025.
Elon Musk contributed more than $65 million to federal candidates and committees in 2025, more than any other individual has given publicly, according to a NOTUS analysis of Federal Election Commission filings.
Billionaire Jeff Yass, a prominent Republican megadonor, has already given nearly $54.5 million through the same period.
And Coinbase and Ripple continue to shovel tens of millions of dollars into the crypto super PAC Fairshake, a guillotine hanging over the heads of lawmakers as the industry advocates for comprehensive legislation.
Together, their contributions have more than replaced the money Republicans lost when older megadonors died — Bernie Marcus, Sheldon Adelson, Harold Simmons, Foster Friess, David Koch — or all but quit giving, as Robert Mercer did.
It’s unclear whether the new generation of megadonors will continue contributing in this election and beyond: Aside from Jadeja and OpenAI, none of the new megadonors responded to requests for comment from NOTUS.
As for Democrats, they’re struggling to compete financially with Republicans even as polls indicate that voters are increasingly receptive to their left-of-center messaging and souring on Trump’s handling of immigration and the economy. The New York Times this month reported that Republican political committees, generally, enjoy more than double the financial resources that Democrats do.
Democracy PAC, a Democrat-backing super PAC that stands to play a major role in the 2026 midterms, got a $52 million infusion in January 2025 from Geosor Corporation, an investment company owned by billionaire Democratic megadonor George Soros.
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