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George Soros and his son Alex have already committed nearly $103 million to influence the 2026 midterm elections, putting the family on pace for another record-breaking cycle as Democrats fight to retake Congress and push the party further left.
Federal Election Commission data shows the Soros family has spent $102.8 million so far, with the November elections still more than four months away. The figure puts George Soros on track to surpass his previous midterm record of $128 million from four years ago, when he was the largest individual donor in the country.
Most of the money has moved through Democracy PAC, the super PAC George Soros created in 2020 as the family’s main political vehicle, writes The New York Post. Roughly $102 million of the total came through that committee, including $52 million from George Soros through his private corporation, Geosor. Another $50 million came from the Fund for Policy Reform, a nonprofit that lists Alex Soros as a director in tax filings.
The midterm spending does not include the family’s broader network of political and policy operations, including the Open Society Foundations and the Open Society Action Fund. Those entities have backed causes including drug decriminalization, reduced immigration enforcement, and criminal justice changes that weakens public safety and often sews chaos in cities.
The scale of the spending comes as Alex Soros has taken a more visible role in directing the family’s political operation. George Soros, now 95, transferred control of the family’s political work to his son in 2023, giving Alex Soros command over one of the most influential donor networks on the left.
Parker Thayer, an investigative researcher at the Capital Research Center, said the change matters.
“He wants to be more political than his dad, this is the first midterm cycle where he is in control. George is not in control, he hasn’t been in control in some time.”
The Soros family has also made direct contributions to individual Democratic candidates. George and Alex Soros each gave the maximum $7,000 to Maine Senate candidate Graham Platner. Alex Soros also gave the legal maximum to Rep. Ilhan Omar of Minnesota, Rep. Ro Khanna of California, Sen. Raphael Warnock of Georgia, Sen. Jon Ossoff of Georgia, and Rep. Pramila Jayapal of Washington. George Soros matched several of those donations.
The family’s political network has long drawn scrutiny from conservatives because of its role in funding progressive prosecutors, left-wing advocacy groups, and organizations involved in immigration and criminal justice activism. New Conservative Post previously reported on allegations that Soros-linked nonprofits helped boost the rise of New York socialist Zohran Mamdani, as well as the Soros-backed prosecutor movement that helped elect Philadelphia District Attorney Larry Krasner.
Douglas Kellogg, state projects director for Americans for Tax Reform, said the money will shape the policy fights that follow the election.
“Money talks, and Soros money says the most insidious, unconstitutional, costly tax hikes in American history are on the table,” Kellogg stated.
He also described Soros as a “wannabe Bond villain,” arguing that the billionaire’s money has helped fuel the radical takeover of the Democratic Party.
Thayer said the family’s posture toward American politics has only intensified.
“The Soros family is angrier than ever at American politics,” he said. “They would prefer to remake America into something entirely different.”
The Soros spending underscores the Democratic Party’s continued reliance on billionaire-backed outside money, even as many of its candidates campaign against wealthy political influence.
Republican National Committee spokeswoman Delanie Bomar offered a blunt assessment.
“There are two guarantees in life — death and George Soros writing a blank check for Democrats. They don’t have the cash or resources that Republicans have, which is why they are turning to antisemitic dark money from a billionaire.”
The Soros network has also faced broader scrutiny after newly declassified Durham-related documents raised questions about the political activity of figures connected to Open Society. Soros himself has not been accused of direct involvement in that matter, but the documents added to conservative concerns about the reach of the family’s political apparatus.
The massive investment arrives as President Donald Trump and Republicans have put left-wing extremism, immigration enforcement, crime, and the future of American institutions at the center of the midterm fight. With Alex Soros now directing the family’s political strategy, the early money suggests the Soros operation sees 2026 as a critical opportunity to protect and expand the left’s power inside the Democratic Party.
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