Wealthy individuals made significant donations to super PACs backing Vice President Kamala Harris, former President Donald Trump, and various Democrats and Republicans during the month of August, according to reports filed with the Federal Election Commission. The largest single-contributor donations went to MAGA Inc., the super PAC supporting Trump, with Wisconsin roofing billionaire Diane Hendricks giving $10 million. On the Democratic side, tech entrepreneurs were the biggest donors to FF PAC, a super PAC backing Harris, with Facebook and Asana co-founder Dustin Moskovitz donating $3 million. Super PACs like FF PAC and MAGA Inc. are attractive to wealthy donors because there are no limits on individual contributions. Club for Growth Action, a conservative super PAC supporting GOP candidates, received major donations in August from Jeff Yass and Richard Uihlein, while House Majority PAC, a group boosting Democrats in Congress, received a large donation from Amos Hostetter Jr. Each of these donors has a history of supporting their respective political parties and causes. Overall, August saw a surge in donations from wealthy individuals towards super PACs to support various political campaigns and candidates across the country, signaling a heightened focus on the upcoming elections.
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