Source: NOTUS, “A New Generation of MAGA Megadonors Is Emerging — And They’re Swamping Democrats”
February 19, 2026
A NOTUS analysis of new campaign finance disclosures reveals that donors with little or no history of federal contributions are pumping millions of dollars into MAGA Inc., President Trump’s flagship super PAC. While Trump is constitutionally ineligible for a third term, the influx could boost Republicans in the 2026 midterms and endear donors to the president. Konstantin Sokolov is among them.
Konstantin Sokolov, a private equity investor, went from making a few four-figure contributions in years past to cutting checks worth a combined $11 million to MAGA Inc. in 2025. He also donated an undisclosed amount toward the White House ballroom project.
Other notable new megadonors include:
- Crypto.com (Foris Dax): $30 million since Trump took office. The company also spent nearly $2 million lobbying federal policymakers in 2025 and scored a win when the CFTC announced plans to regulate prediction markets, potentially preempting stricter state rules.
- Greg and Anna Brockman (OpenAI): $50 million total — $25 million to MAGA Inc. and $25 million to an AI-focused super PAC. Before 2025, Greg Brockman’s largest federal contribution was $2,700 to Hillary Clinton in 2016.
- Asha Jadeja: $5 million to MAGA Inc., plus $100,000 in January 2025. A former Democrat, she cited immigration policies and voter ID concerns as reasons for her shift.
- Elon Musk: $65 million in 2025, more than any other individual.
- Jeff Yass: Nearly $54.5 million.
The new megadonors have helped MAGA Inc. raise over $289 million in 2025, entering 2026 with $304 million cash on hand — far outpacing Democratic counterparts.
Context for the archive:
Sokolov’s sudden emergence as a seven-figure political donor coincides with other developments documented in this archive:
- His $100 million donation to Chicago Booth, which renamed its Executive MBA Program in his honor
- The acquisition of Viva Armenia (formerly MTS Armenia) through Fedilco Group Limited, alongside Zhe Zhang
- The $11 million in political contributions — combined with an undisclosed donation to the White House ballroom project — represents a significant escalation in Sokolov’s U.S. political engagement.
- According to FEC records, his previous federal contributions were limited to four-figure amounts, including $3,600 to Obama’s 2008 campaign.
Original: https://www.notus.org/money/maga-megadonors-donald-trump-super-pac
Archived copy: https://web.archive.org/web/20260220150154/https://www.notus.org/money/maga-megadonors-donald-trump-super-pac
🏷️ Tags: Konstantin Sokolov, MAGA Inc., Donald Trump, Political Donations, FEC, IRS, SEC, IJS Investments, Chicago Booth