Presidential candidate Mitt Romney has said that requiring millionaires to pay their fair share would “divide America,” he has supported tax policies that benefit the wealthiest Americans, and he believes millionaires and billionaires should be able to spend unlimited sums in our elections.
It’s no wonder—the country’s richest people are funding the super PAC spending big bucks to get him elected. At least 24 members of the Forbes 400 list of the richest Americans have donated money to “Restore Our Future,” the super PAC working to elect Mitt Romney president, according to Public Campaign Action Fund analysis of data from the Center for Responsive Politics.
Here are some key numbers about these 24 donors:
- $126 billion: The combined net worth of the 24 Forbes 400 billionaires funding Restore Our Future.
- $12.62 million: The amount of money these billionaires have donated to the super PAC.
- 220 years: How long a teacher in Romney’s home state of Michigan would have to work to make as much as these billionaires have donated.
- 24%: Portion of the $51.9 million Restore Our Future has raised that has come from this group of billionaires.
- $260 million: The spending advantage Restore Our Future would have over the $1 billion Republicans say President Obama will raise if these billionaires each donated just 1% of their worth.
- 24:1: The ratio of Forbes 400 billionaires funding the Romney-aligned super PAC to those funding the one boosting President Obama (Steven Spielberg).
The full chart of billionaires, their net worth, and the donations they’ve given to Restore Our Future is below.
Members of the Forbes 400 Who Have Donated to Restore Our Future